### Cryptocurrency Maker Spikes 3% in 24 Hours

15 views 1:51 pm 0 Comments May 13, 2024

In the past day, the price of Maker’s MKR/USD has risen by 3.07% to reach $2,944.05, showcasing a positive upturn following a recent week of decline where it experienced a 2.0% loss from \(2,958.16. The coin’s all-time high remains at \)6,292.31.

The comparison of Maker’s price movements over the last 24 hours (on the left) versus the previous week (on the right) is depicted in the chart below. The gray Bollinger Bands reflect volatility in both the daily and weekly price changes, with a wider band indicating heightened volatility at specific intervals.

Despite a 34.0% drop in trading volume over the past week, the circulating supply has marginally decreased by 0.1%, now exceeding 925 thousand units. This adjustment places the current circulating supply at around 92.0% of its maximum capacity of 1.01 million. Currently positioned at the #47 rank in market capitalization, MKR holds a value of $2.72 billion.

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