{"id":553473,"date":"2023-09-29T07:05:38","date_gmt":"2023-09-29T07:05:38","guid":{"rendered":"https:\/\/wncen.com\/?p=553473"},"modified":"2023-09-29T07:06:32","modified_gmt":"2023-09-29T07:06:32","slug":"maker-mkr-inks-20-price-advance-leads-top-50-coins-today","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/maker-mkr-inks-20-price-advance-leads-top-50-coins-today\/","title":{"rendered":"Maker (MKR) Inks 20% Price Advance, Leads Top 50 Coins Today"},"content":{"rendered":"

Maker (MKR) is currently making waves in the cryptocurrency market with an impressive surge in value. Over the past month, MKR has exhibited remarkable growth, experiencing a substantial 40% increase in price. Today, the crypto flexes its muscle and leads the roster of top 50 coins.<\/span><\/p>\n

One noteworthy development amidst this rally is the strategic maneuver executed by a prominent crypto whale. This entity recently <\/span>deposited 3,527 MKR tokens<\/span> on the Binance exchange, capitalizing on the upward trajectory of MKR’s price.\u00a0<\/span><\/p>\n

This shrewd move has boosted the whale’s total MKR holdings to an impressive 10,000 tokens, resulting in a staggering $5.12 million in profits. This remarkable increase in value underscores the attractiveness of MKR as a lucrative investment in the current crypto landscape.<\/span><\/p>\n

\n

The price of $MKR<\/a> has increased by ~40% in the past 1 month and topped $1,500 today.<\/p>\n

A smart whale deposited 3,527 $MKR<\/a>($5.27M) to #Binance<\/a> to make a profit an hour ago.<\/p>\n

And currently has 10,000 $MKR<\/a>($14.9M) left, the total profit is ~$5.12M(+34%).https:\/\/t.co\/4atyyejMwJ<\/a> pic.twitter.com\/SyEBI3pNg4<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) September 28, 2023<\/a><\/p><\/blockquote>\n

Related Reading: Under-The-Radar Altcoin Soars Over 260% \u2013 Here\u2019s Why<\/a><\/div>\n

Maker: Impressive Metrics And Bullish Indicators<\/strong><\/h2>\n

As of the latest data from <\/span>CoinGecko<\/span><\/a>, MKR is currently trading at $1,553, reflecting a notable 4.1% gain in the past 24 hours and an impressive seven-day surge of 20%. What sets this rally apart is the consistency in MKR’s price patterns, characterized by higher highs and higher lows, a clear indicator of a bullish trend in the market.\u00a0<\/span><\/p>\n

The Relative Strength Index (RSI), according to <\/span>recent price analysis<\/span><\/a>, lends further credence to this bullish sentiment, with a reading of 79.34, indicating robust bullish momentum surrounding the MKR token.<\/span><\/p>\n

\n

\ud83d\udcc8 #Maker<\/a>‘s price has now surged +40% in the past 16 days with its active addresses hitting a 10-week high in tandem with the asset crossing $1,500. An inflow of $MKR<\/a> moving to exchanges is something to be cautious of for at least a temporary local top. https:\/\/t.co\/oFeijYNZCO<\/a> pic.twitter.com\/rStBGX6TdM<\/a><\/p>\n

\u2014 Santiment (@santimentfeed) September 28, 2023<\/a><\/p><\/blockquote>\n

In addition to the price surge, <\/span>data provided by Santiment<\/span><\/a> reveals that the number of active MKR addresses has reached a 10-week high. This not only signifies an influx of new users into the Maker ecosystem but also highlights heightened activity among existing supporters of the protocol.\u00a0<\/span><\/p>\n

<\/p>\n

MKR market cap currently at $1.5 billion. Chart: TradingView.com<\/a><\/pre>\n
MKR Breaches $1,500 Barrier<\/strong><\/h2>\n
Interestingly, this surge in activity coincided with MKR’s price surpassing the $1,500 threshold, suggesting a correlation between price action and increased user engagement.<\/span><\/p>\n
However, amid the optimism, Santiment issues a <\/span>cautionary note for MKR investors<\/span><\/a>. They emphasize the importance of vigilance concerning the current influx of tokens to exchanges, as this trend may foreshadow a potential market correction in the short term. <\/span><\/p>\n
While the current bullish momentum is undeniable, investors should remain cautious and mindful of the potential market dynamics in the coming days.<\/span><\/p>\n
Related Reading: Solana Bulls Struggle To Break $21 Barrier \u2013 What Lies Ahead?<\/a><\/div>\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 Shutterstock<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Maker (MKR) is currently making waves in the cryptocurrency market with an impressive surge in value. Over the past month, MKR has exhibited remarkable growth, experiencing a substantial 40% increase in price. Today, the crypto flexes its muscle and leads the roster of top 50 coins. One noteworthy development amidst this rally is the strategic maneuver executed by a prominent crypto whale. This entity recently deposited 3,527 MKR tokens on the Binance exchange, capitalizing on the upward trajectory of MKR’s price.\u00a0 This shrewd move has boosted the whale’s total MKR holdings to an impressive 10,000 tokens, resulting in a staggering $5.12 million in profits. This remarkable increase in value underscores the attractiveness of MKR as a lucrative investment in the current crypto landscape. The price of $MKR has increased by ~40% in the past 1 month and topped $1,500 today. A smart whale deposited 3,527 $MKR($5.27M) to #Binance to make a profit an hour ago. And currently has 10,000 $MKR($14.9M) left, the total profit is ~$5.12M(+34%).https:\/\/t.co\/4atyyejMwJ pic.twitter.com\/SyEBI3pNg4 \u2014 Lookonchain (@lookonchain) September 28, 2023 Related Reading: Under-The-Radar Altcoin Soars Over 260% \u2013 Here\u2019s Why Maker: Impressive Metrics And Bullish Indicators As of the latest data from CoinGecko, MKR is currently trading at $1,553, reflecting a notable 4.1% gain in the past 24 hours and an impressive seven-day surge of 20%. What sets this rally apart is the consistency in MKR’s price patterns, characterized by higher highs and higher lows, a clear indicator of a bullish trend in the market.\u00a0 The Relative Strength Index (RSI), according to recent price analysis, lends further credence to this bullish sentiment, with a reading of 79.34, indicating robust bullish momentum surrounding the MKR token. \ud83d\udcc8 #Maker‘s price has now surged +40% in the past 16 days with its active addresses hitting a 10-week high in tandem with the asset crossing $1,500. An inflow of $MKR moving to exchanges is something to be cautious of for at least a temporary local top. https:\/\/t.co\/oFeijYNZCO pic.twitter.com\/rStBGX6TdM \u2014 Santiment (@santimentfeed) September 28, 2023 In addition to the price surge, data provided by Santiment reveals that the number of active MKR addresses has reached a 10-week high. This not only signifies an influx of new users into the Maker ecosystem but also highlights heightened activity among existing supporters of the protocol.\u00a0 MKR market cap currently at $1.5 billion. Chart: TradingView.com MKR Breaches $1,500 Barrier Interestingly, this surge in activity coincided with MKR’s price surpassing the $1,500 threshold, suggesting a correlation between price action and increased user engagement. However, amid the optimism, Santiment issues a cautionary note for MKR investors. They emphasize the importance of vigilance concerning the current influx of tokens to exchanges, as this trend may foreshadow a potential market correction in the short term. While the current bullish momentum is undeniable, investors should remain cautious and mindful of the potential market dynamics in the coming days. Related Reading: Solana Bulls Struggle To Break $21 Barrier \u2013 What Lies Ahead? (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 Shutterstock<\/p>\n","protected":false},"author":557,"featured_media":553480,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,1144,8686,16218,86964,4735],"class_list":["post-553473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-btcusd","tag-ethusd","tag-maker","tag-mkr-price","tag-price-action"],"acf":[],"yoast_head":"\nMaker Inks 20% Price Advance, Leads Top 50 Coins Today<\/title>\n<meta name=\"description\" content=\"Maker (MKR) is currently making waves in the cryptocurrency market with an impressive surge in value. 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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":"Maker (MKR) Inks 20% Price Advance, Leads Top 50 Coins Today","url":"http:\/\/wncen.com\/news\/maker-mkr-inks-20-price-advance-leads-top-50-coins-today\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/maker-mkr-inks-20-price-advance-leads-top-50-coins-today\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/a-98.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/a-98.png?fit=1314%2C731"},"articleSection":"Cryptocurrency Market News","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","mkr price","price action"],"dateCreated":"2023-09-29T07:05:38Z","datePublished":"2023-09-29T07:05:38Z","dateModified":"2023-09-29T07:06:32Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Maker (MKR) Inks 20% Price Advance, Leads Top 50 Coins Today\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/maker-mkr-inks-20-price-advance-leads-top-50-coins-today\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/maker-mkr-inks-20-price-advance-leads-top-50-coins-today\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/a-98.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/a-98.png?fit=1314%2C731\"},\"articleSection\":\"Cryptocurrency Market News\",\"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\",\"mkr price\",\"price action\"],\"dateCreated\":\"2023-09-29T07:05:38Z\",\"datePublished\":\"2023-09-29T07:05:38Z\",\"dateModified\":\"2023-09-29T07:06:32Z\"}<\/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-98.png?fit=1314%2C731","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/553473"}],"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=553473"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/553473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/553480"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=553473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=553473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=553473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}