Cryptocurrency Maker Up More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Maker (MKR) has seen a price increase of 3.47% in the past 24 hours, reaching $2,874.89. Over the past week, the price has risen by over 7.0%. Despite the price increase, trading volume has decreased by 18.0%, and the circulating supply has decreased by 0.28%. MKR's market cap is currently $2.67 billion, ranking it #36.
July 31, 2024 | 7:01 pm
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Maker (MKR) has experienced a 3.47% price increase in the past 24 hours, reaching $2,874.89. Over the past week, the price has risen by over 7.0%. However, trading volume has decreased by 18.0%, and the circulating supply has decreased by 0.28%. MKR's market cap is currently $2.67 billion, ranking it #36.
The price increase of 3.47% in the past 24 hours and 7.0% over the past week indicates positive momentum for MKR. However, the decrease in trading volume by 18.0% suggests reduced market activity, which could temper the bullish sentiment. The decrease in circulating supply by 0.28% is relatively minor but noteworthy. Overall, the short-term impact is likely positive due to the price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100