- News and analysis
- Maker is Going Towards $1500 Amid Higher Savings Rate
Maker is Going Towards $1500 Amid Higher Savings Rate
Maker is one of the few cryptocurrencies that positive price performance during last two months. This summer MKR prices surged by 90% to $1234 per coin. This rally was supported by DAI stablecoin generation algorithm that allows user to get fixed income.
Elevated saving rate pushed the interest to the project to the limits. Maker community approved the DAI savings rate at 8%, but Maker founder Rune Christensen has now called for stabilizing the Enhanced DAI Savings Rate (EDSR) by decreasing it to a maximum value of 5% after too many users rushed to make savings with DAI.
This news ensures high interest from the crypto community to the project. In this atmosphere, MKR prices are likely to hit $1500 per coin. However, further upside is questionable.
The comments, insights, and reviews posted in this section are solely the opinions and perspectives of authors and do not represent the views or endorsements of RHC Investments or its administrators, except if explicitly indicated. RHC Investments provides a platform for users to share their thoughts on financial market news, investing strategies, and related topics. However, we do not guarantee the accuracy, completeness, or reliability of any user-generated content.
Investment Risks and Advice:
Please be aware that all investment decisions involve risks, and the information shared on metadoro.com should not be considered as financial advice. Always conduct thorough research, seek professional advice, and exercise caution when making investment decisions.
Moderation and Monitoring:
While we strive to maintain a respectful and informative environment, we cannot endorse or verify the accuracy of all user-generated content. We reserve the right to moderate, edit, or remove any comments or posts that violate our community guidelines, infringe on intellectual property rights, or contain harmful content.
By submitting content to metadoro.com, users grant RHC Investments a non-exclusive, royalty-free license to use, display, and distribute the content. Users are responsible for ensuring they have the necessary rights to share the content they post.
To maintain a positive and respectful community, users are expected to adhere to the community guidelines of Metadoro. Any content that is misleading, offensive, or violates applicable laws and regulations will be subject to moderation or removal.
Changes to Disclaimer:
We reserve the right to update, modify, or amend this disclaimer at any time. Users are encouraged to review this disclaimer periodically to stay informed about any changes.