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The boom of digital technologies contributes to the growing attractiveness of fintech cryptos as an investment option.

The cryptocurrency market is abuzz with anticipation as Ethereum's Dencun upgrade approaches, slated for March 13. This upgrade promises better usability, security, and fast transactions, potentially sparking a new altcoin season.

Story Highlights The live Price of Maker Dao is . Maker price could surge as high as $3,885 by the end of 2024. With a potential surge, MKR's price could reach $11,461 by the end of 2030. Decentralized technologies are getting prioritized as they enhance privacy and user security.

While AI tokens were grabbing attention in the crypto world over the past few weeks with soaring values, the focus has now turned to DeFi in the last few days.

Capital inflow shifted toward DeFi tokens from AI tokens, allowing cryptos like UNI to flourish.

SparkLend, the biggest SubDAO in MakerDAO's ecosystem is booming as inflows continue rising amid the ongoing crypto bull run. Data compiled by DeFi Llama shows that the DeFi total value locked (TVL) in the ecosystem has surged to a record high of over $3.26 billion.

Luno, the cryptocurrency investment app, has announced that it introduced three new virtual currencies to invest in that are frequently used by decentralized finance (DeFi) traders and investors.

Good fundamental cryptocurrencies with lower market caps can present appealing risk-reward potential in the constantly evolving crypto ecosystem. In this article, Finbold has picked three assets that could reach $10 billion in market value in 2024.

MakerDAO's DAI stablecoin has witnessed a significant decline in its supply.

One crypto whale is attracting notice for selling millions of dollars worth of a decentralized finance (DeFi) altcoin amid a market correction. According to blockchain tracking firm Lookonchain, one deep-pocketed investor sold their trove of MKR, the native token for the DeFi protocol Maker, within days as the asset dipped below $2,000.

The crypto markets have evolved ever since their inception with new projects that have come up with different use cases. DeFis thrived in 2020, NFTs in 2021, and a recent addition was the AI tokens, which have displayed their strength very frequently.

MakerDAO (MKR) faces large-scale selling activities after its co-founder made similar moves lately. Lookonchain revealed a substantial transaction, where a whale sold around 2,658 MKR coins at a $2,022 average price over the past four days. MKR's price reacted to the whale transactions with a more than 7% drop.

Whales have initiated large-scale MKR sales, leading to a decline in sentiment.

Despite starting the year strong, MKR has encountered a choppy path in recent weeks, leaving investors with a mixed bag of signals to decipher. While the decentralized finance (DeFi) leader has maintained its position above key support levels, concerns have emerged surrounding a prominent wallet's sizeable token sale and a declining trading volume.

Market optimism subsided in January, but some tokens are rising contrary to general trends. Which coins have become the top 5 fastest-growing cryptocurrencies this month?

MakerDAO, issuer of the DAI stablecoin, has seen a notable shift in the composition of its balance sheet as a result of the combination of macroeconomic events and surging crypto markets.

After displaying a bearish trend for a brief period, the Maker token has displayed a significant jump of over 8% to its portfolio within the past day. Further, the MKR token has added over 25% in valuation within this month, indicating a positive outlook for the altcoin in the coming days.

Maker DAO's MKR has been a dominant force in real-world asset (RWA) transactions within decentralized finance (DeFi), boasting a daily average of $94.5 million in RWA-related transactions in the second week of January. Despite this impressive transaction volume, there are underlying challenges that investors need to consider.

MakerDAO, a blockchain protocol, is strategically positioning itself as a frontrunner in the real-world assets (RWA) sector, gaining significant attention within the crypto industry in recent times.

The recent approval of spot Bitcoin Exchange-Traded Funds (ETFs) did not elicit the positive response many anticipated. Instead, this significant development triggered a “sell-the-news” reaction, leading to a significant drop in Bitcoin's value. Since January 11, Bitcoin's price fell by 15%, descending from $48,700 to a low point of $41,500.

Crypto-backed loans now make up more than half MakerDAO's revenue, surpassing RWA.

Since the start of 2024, daily USD volumes have risen to levels not seen in the last six months. The post MKR pumps 53% in 30 days as long positions rise appeared first on AMBCrypto.

On-chain data suggests that whales are accumulating large amounts of Maker (MKR) and Aave (AAVE), two leading decentralized finance (DeFi) tokens. This accumulation trend coincides with a broader cooling-off period in the crypto scene days after the United States Securities and Exchange Commission (SEC) approved 11 spot Bitcoin ETFs.

MKR's supply on exchanges has reached its lowest point in the last three months, contributing to the upward momentum in its price.