{"id":552443,"date":"2023-09-22T06:56:26","date_gmt":"2023-09-22T06:56:26","guid":{"rendered":"https:\/\/wncen.com\/?p=552443"},"modified":"2024-06-12T09:26:09","modified_gmt":"2024-06-12T09:26:09","slug":"makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/","title":{"rendered":"MakerDAO (MKR) Recent Rally Signals Potential For New Highs – $1,700 On The Horizon?"},"content":{"rendered":"

The MakerDAO native token, MKR, has surged toward its early August highs, sending bullish signals rippling through the cryptocurrency market. This resurgence has reignited optimism among investors and speculators alike, suggesting that MKR may be poised to explore uncharted territory.\u00a0<\/span><\/p>\n

One of the pivotal factors driving this remarkable rally is the significant accumulation of MKR tokens by a group of crypto whales.<\/span><\/p>\n

This acquisition, confirmed by on-chain data from Santiment, reflects the growing interest in the cryptocurrency among large holders. Such whale activity is often seen as a bullish signal, suggesting confidence in the asset’s long-term potential.\u00a0<\/span><\/p>\n

Related Reading: CoinsPaid Perspective: The Main Reason You\u2019re At Risk Of Being Hacked<\/a><\/div>\n

Whale Activity And Its Impact On MakerDao (MKR) Price<\/strong><\/h2>\n

Evidence of the burgeoning optimism surrounding MKR comes in the form of substantial whale activity. In a recent revelation, <\/span>Lookonchain disclosed<\/span><\/a> that two prominent crypto whales made a foray into the MKR market in September, injecting millions of dollars into the token. <\/span><\/p>\n

A <\/span>price report<\/span><\/a> further corroborates this narrative, showcasing a discernible increase in MKR accumulation across the network.<\/span><\/p>\n

\n

2 whales are accumulating $MKR<\/a>.<\/p>\n

Whale “0x3737” spent 1,194 $ETH<\/a>($1.95M) to buy 1,700 $MKR<\/a> at $1,147 since Sept 4.https:\/\/t.co\/1kBo03U5Us<\/a><\/p>\n

Whale “0xaD0” spent 992 $ETH<\/a>($1.63M) to buy 1,261 $MKR<\/a> at $1,291 since Sept 18.https:\/\/t.co\/aYVTJkgA1s<\/a> pic.twitter.com\/XojIUQrSGk<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) September 20, 2023<\/a><\/p><\/blockquote>\n

The infusion of substantial capital by these whales has restructured the market dynamics, steering it into a bullish trajectory.\u00a0<\/span>This bullish momentum has propelled MKR’s price action, raising hopes for a sustained upward trajectory.<\/span><\/p>\n

Supply Dynamics And The Road Ahead<\/strong><\/h2>\n

A <\/span>separate report<\/span><\/a> resonates with the prevailing bullish sentiment, highlighting an intriguing observation. The supply of MKR tokens held by top addresses has exhibited a gradual uptick since September 6. <\/span><\/p>\n

This intriguing development suggests that the recent price gains witnessed by MKR are more than just a fleeting phenomenon and may indeed have the potential for longevity.<\/span><\/p>\n

<\/p>\n

MKR market cap currently at $1.2 billion. Chart: TradingView.com<\/a><\/pre>\n
MKR Sustains Weekly Advance<\/strong><\/h3>\n
As of the latest data from <\/span>CoinGecko<\/span><\/a>, MKR is currently priced at $1,294, marking a 3.7% decline over the past 24 hours but still maintaining a seven-day surge of 9.1%. These price movements underscore the cryptocurrency’s recent resilience, giving investors optimism the token can hit the vaunted $1,700 target.<\/span><\/p>\n
Related Reading:  Bitcoin Enjoys Growing Favorable Conditions, Top Analyst Says<\/a><\/p>\n
Maker DAO’s MKR token has experienced a remarkable resurgence, driven in part by the accumulation of tokens <\/span>by influential crypto whales<\/span><\/a>. The bullish sentiment has sparked hopes of new all-time highs, but caution is advised, as weak buying volume could jeopardize the sustainability of the rally.<\/span><\/p>\n
As MKR continues its journey, investors and traders will keenly watch for signs of genuine demand to ascertain the token’s true potential in the weeks to come.<\/span><\/p>\n
(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).<\/em><\/p>\n
Featured image from iStock<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
The MakerDAO native token, MKR, has surged toward its early August highs, sending bullish signals rippling through the cryptocurrency market. This resurgence has reignited optimism among investors and speculators alike, suggesting that MKR may be poised to explore uncharted territory.\u00a0 One of the pivotal factors driving this remarkable rally is the significant accumulation of MKR tokens by a group of crypto whales. This acquisition, confirmed by on-chain data from Santiment, reflects the growing interest in the cryptocurrency among large holders. Such whale activity is often seen as a bullish signal, suggesting confidence in the asset’s long-term potential.\u00a0 Related Reading: CoinsPaid Perspective: The Main Reason You\u2019re At Risk Of Being Hacked Whale Activity And Its Impact On MakerDao (MKR) Price Evidence of the burgeoning optimism surrounding MKR comes in the form of substantial whale activity. In a recent revelation, Lookonchain disclosed that two prominent crypto whales made a foray into the MKR market in September, injecting millions of dollars into the token. A price report further corroborates this narrative, showcasing a discernible increase in MKR accumulation across the network. 2 whales are accumulating $MKR. Whale “0x3737” spent 1,194 $ETH($1.95M) to buy 1,700 $MKR at $1,147 since Sept 4.https:\/\/t.co\/1kBo03U5Us Whale “0xaD0” spent 992 $ETH($1.63M) to buy 1,261 $MKR at $1,291 since Sept 18.https:\/\/t.co\/aYVTJkgA1s pic.twitter.com\/XojIUQrSGk \u2014 Lookonchain (@lookonchain) September 20, 2023 The infusion of substantial capital by these whales has restructured the market dynamics, steering it into a bullish trajectory.\u00a0This bullish momentum has propelled MKR’s price action, raising hopes for a sustained upward trajectory. Supply Dynamics And The Road Ahead A separate report resonates with the prevailing bullish sentiment, highlighting an intriguing observation. The supply of MKR tokens held by top addresses has exhibited a gradual uptick since September 6. This intriguing development suggests that the recent price gains witnessed by MKR are more than just a fleeting phenomenon and may indeed have the potential for longevity. MKR market cap currently at $1.2 billion. Chart: TradingView.com MKR Sustains Weekly Advance As of the latest data from CoinGecko, MKR is currently priced at $1,294, marking a 3.7% decline over the past 24 hours but still maintaining a seven-day surge of 9.1%. These price movements underscore the cryptocurrency’s recent resilience, giving investors optimism the token can hit the vaunted $1,700 target. Related Reading: Bitcoin Enjoys Growing Favorable Conditions, Top Analyst Says Maker DAO’s MKR token has experienced a remarkable resurgence, driven in part by the accumulation of tokens by influential crypto whales. The bullish sentiment has sparked hopes of new all-time highs, but caution is advised, as weak buying volume could jeopardize the sustainability of the rally. As MKR continues its journey, investors and traders will keenly watch for signs of genuine demand to ascertain the token’s true potential in the weeks to come. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from iStock<\/p>\n","protected":false},"author":557,"featured_media":552451,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,3],"tags":[142,1144,8686,87225,86964,4735],"class_list":["post-552443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all","category-news","tag-altcoins","tag-btcusd","tag-ethusd","tag-maker-dao","tag-mkr-price","tag-price-action"],"acf":[],"yoast_head":"\nMakerDAO (MKR) Recent Rally Signals Potential For New Highs<\/title>\n<meta name=\"description\" content=\"The MakerDAO native token, MKR, has surged toward its early August highs, sending bullish signals rippling through the cryptocurrency market. This\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MakerDAO (MKR) Recent Rally Signals Potential For New Highs\" \/>\n<meta property=\"og:description\" content=\"The MakerDAO native token, MKR, has surged toward its early August highs, sending bullish signals rippling through the cryptocurrency market. This\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-22T06:56:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-12T09:26:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/a-78.png?fit=999%2C663\" \/>\n\t<meta property=\"og:image:width\" content=\"999\" \/>\n\t<meta property=\"og:image:height\" content=\"663\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Christian Encila\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christian Encila\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/\"},\"author\":{\"name\":\"Christian Encila\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\"},\"headline\":\"MakerDAO (MKR) Recent Rally Signals Potential For New Highs – $1,700 On The Horizon?\",\"datePublished\":\"2023-09-22T06:56:26+00:00\",\"dateModified\":\"2024-06-12T09:26:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/\"},\"wordCount\":495,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/a-78.png?fit=999%2C663\",\"keywords\":[\"altcoins\",\"btcusd\",\"ethusd\",\"Maker DAO\",\"MKR Price\",\"Price action\"],\"articleSection\":[\"All\",\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/\",\"url\":\"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/\",\"name\":\"MakerDAO (MKR) Recent Rally Signals Potential For New Highs\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/a-78.png?fit=999%2C663\",\"datePublished\":\"2023-09-22T06:56:26+00:00\",\"dateModified\":\"2024-06-12T09:26:09+00:00\",\"description\":\"The MakerDAO native token, MKR, has surged toward its early August highs, sending bullish signals rippling through the cryptocurrency market. This\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/a-78.png?fit=999%2C663\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/a-78.png?fit=999%2C663\",\"width\":999,\"height\":663,\"caption\":\"MakerDAO\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MakerDAO (MKR) Recent Rally Signals Potential For New Highs – $1,700 On The Horizon?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\",\"name\":\"Christian Encila\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"caption\":\"Christian Encila\"},\"description\":\"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.\",\"sameAs\":[\"jomarjet01\"],\"url\":\"https:\/\/wncen.com\/author\/jomarjet01\/\"}]}<\/script>\n","yoast_head_json":{"title":"MakerDAO (MKR) Recent Rally Signals Potential For New Highs","description":"The MakerDAO native token, MKR, has surged toward its early August highs, sending bullish signals rippling through the cryptocurrency market. This","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/","og_locale":"en_US","og_type":"article","og_title":"MakerDAO (MKR) Recent Rally Signals Potential For New Highs","og_description":"The MakerDAO native token, MKR, has surged toward its early August highs, sending bullish signals rippling through the cryptocurrency market. This","og_url":"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-09-22T06:56:26+00:00","article_modified_time":"2024-06-12T09:26:09+00:00","og_image":[{"width":999,"height":663,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/a-78.png?fit=999%2C663","type":"image\/png"}],"author":"Christian Encila","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Christian Encila","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/"},"author":{"name":"Christian Encila","@id":"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80"},"headline":"MakerDAO (MKR) Recent Rally Signals Potential For New Highs – $1,700 On The Horizon?","datePublished":"2023-09-22T06:56:26+00:00","dateModified":"2024-06-12T09:26:09+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/"},"wordCount":495,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/a-78.png?fit=999%2C663","keywords":["altcoins","btcusd","ethusd","Maker DAO","MKR Price","Price action"],"articleSection":["All","Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/","url":"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/","name":"MakerDAO (MKR) Recent Rally Signals Potential For New Highs","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/a-78.png?fit=999%2C663","datePublished":"2023-09-22T06:56:26+00:00","dateModified":"2024-06-12T09:26:09+00:00","description":"The MakerDAO native token, MKR, has surged toward its early August highs, sending bullish signals rippling through the cryptocurrency market. This","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/a-78.png?fit=999%2C663","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/a-78.png?fit=999%2C663","width":999,"height":663,"caption":"MakerDAO"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"MakerDAO (MKR) Recent Rally Signals Potential For New Highs – $1,700 On The Horizon?"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80","name":"Christian Encila","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","caption":"Christian Encila"},"description":"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"MakerDAO (MKR) Recent Rally Signals Potential For New Highs – $1,700 On The Horizon?","url":"http:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/a-78.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/a-78.png?fit=999%2C663"},"articleSection":"All","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","btcusd","ethusd","maker dao","mkr price","price action"],"dateCreated":"2023-09-22T06:56:26Z","datePublished":"2023-09-22T06:56:26Z","dateModified":"2024-06-12T09:26:09Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"MakerDAO (MKR) Recent Rally Signals Potential For New Highs – $1,700 On The Horizon?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/makerdao-mkr-recent-rally-signals-potential-for-new-highs-1700-on-the-horizon\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/a-78.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/a-78.png?fit=999%2C663\"},\"articleSection\":\"All\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"btcusd\",\"ethusd\",\"maker dao\",\"mkr price\",\"price action\"],\"dateCreated\":\"2023-09-22T06:56:26Z\",\"datePublished\":\"2023-09-22T06:56:26Z\",\"dateModified\":\"2024-06-12T09:26:09Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/a-78.png?fit=999%2C663","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/552443"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=552443"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/552443\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/552451"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=552443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=552443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=552443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}