Cryptocurrency Maker Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Maker's cryptocurrency (MKR) has seen a 3.07% increase in price over the last 24 hours, reaching $2,944.05, despite a 2.0% decrease over the past week. The trading volume has decreased by 34.0%, and the circulating supply has slightly decreased by 0.1%. Maker's current market cap ranking is #47, with a value of $2.72 billion.
April 26, 2024 | 7:01 pm
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Maker (MKR) has experienced a 3.07% increase in its price over the last 24 hours, reaching $2,944.05, despite a weekly decline of 2.0%. The trading volume has decreased by 34%, and the circulating supply has slightly decreased by 0.1%. The market cap is now $2.72 billion, ranking it #47.
The short-term price increase of Maker (MKR) is significant, showing a positive movement against its recent negative trend. The decrease in trading volume and slight decrease in circulating supply could indicate a consolidation phase before further movements. The market cap ranking provides a broader perspective on its market position, which is essential for investors tracking its performance against other cryptocurrencies.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100