MKR Price Jumps 45% in a Month as Address Activity Picks Up, Though Still Far From All-Time High

MKR, the governance token of DeFi protocol Maker, has surged 45% in the past month despite a flat crypto market.
MKR is currently trading at $1,513, up from $1,047 a month ago. It's up over 16% in the past week.
MKR enables the DAI stablecoin, which aims to maintain a 11 peg to the US dollar.
MKR's price jumped amid more address activity, per analytics firm Santiment.
Despite gains, MKR remains down 76% from its all-time high of over $6,292 in May 2021.

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Posted 9/30/2023, 12:00:47 AM