IntoTheBlock Data Shows 90% of Altcoin Holders in Unprecedented Losses While DeFi Tokens Hold Up Better

Principal DeFi tokens, including MKR, have demonstrated more resilience compared to altcoins in the bear market, with MKR experiencing the most significant price growth.

thecryptobasic.com

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8/31/2023

MakerDAO’s MKR Token Jumps 10%, Defying Crypto Market Slump

Maker (MKR), the governance token of decentralized finance (DeFi) lender MakerDAO, has surged over 10% due to improved profitability resulting from adjusted lending rates.

9/2/2023

One Top-30 Ethereum-Based Altcoin Signaling a Potential Rally, Says Crypto Analytics Firm – But There’s a Catch - The Daily Hodl

A blue-chip altcoin, Chainlink (LINK), may experience a bullish rally based on various analytics, while whales and sharks have accumulated $71 million worth of Maker (MKR) tokens, and Bitcoin Cash (BCH) has seen a price rebound, according to Santiment.