Maker [MKR]: As one of the rare alts in the green, here’s what you should know
On ‘Friday the 13th’, the crypto market was slowly recovering from its scare the previous day, when Bitcoin slipped below $27,000.
At press time, though, most of the top 100 coins and tokens were still in the red. One of the few assets which was still green was Maker [MKR] – the 43rd biggest crypto at the time of writing, though this could change at any second.What’s going on and why is this happening?
Here’s what you need to know.At press time, MKR was trading at $1,463.95 after surging upwards by 28.03% in the past day, and rising by 9.07% in the last week.
To better understand what traders are doing, let’s take a look at volumes. While these were negligible when compared to spikes in late 2021 and early 2022, they were nevertheless rising at press time.Source: SantimentSo who are the culprits?
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