Hey kids, did you know the price of Maker (MKR), a type of cryptocurrency, went way up recently? It's like a super exciting rollercoaster ride for money!
MKR is used in something called DeFi (Decentralized Finance), which is like a special bank run by computer code, not people. Last week, the price jumped a lot, even though some big investors were selling some of their MKR.
Lots of clues show that this cryptocurrency might keep going up!
- The price of MKR increased by over 44%!
- Many people are interested in buying and using MKR.
- Even though some big investors sold, the price stayed strong!
- Lots of MKR tokens were removed from the market, making them rarer and potentially more valuable.
Fact | Number |
---|---|
MKR's current price | Around $1,432 |
Price increase last week | Over 44% |
Potential price resistance | $1,632 and $2,050 |
MKR tokens burned | $17 million |