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Sky has announced that a new vote will open on December 11, proposing to raise the Delayed Upgrade Penalty for late MKR-to-SKY conversions from 1% to 2%. If the vote passes, the 2% penalty will apply to all conversions beginning December 15. The change is part of the ongoing transition from MKR to S…
The MKR to SKY upgrade is a key event for Maker and related assets. Users need to upgrade MKR tokens to SKY before September 18, or they will pay a penalty. This deadline could push many users to act before the penalty, which might cause higher trading volume and price changes for MKR and SKY. Such …
Official Trump (TRUMP) jumped 52% on April 23 after the announcement of an exclusive in-person dinner for the top tokenholders with US President Donald Trump. For some crypto advocates, this marks the end of the bear market, especially as Bitcoin bounced back above $93,000, but others raise suspici…
MakerDAO (MKR) is up 2% on Thursday and could be set for a 40% rise in the coming weeks if it successfully maintains an extended move above the descending trendline of a falling wedge.
Maker has experienced a sustained downtrend over the past month, declining by 32.58%. However, analyst predicts MKR is set for a reversal.
Sky co-founder Rune Christensen has proposed that the community either recenter the Maker brand or maintain the momentum of the Sky brand. Since the rebranding was done, MKR has declined by 45% and plunged to its lowest level since September 2023. Decentralized Finance (DeFi) lending platform SKY is…
Maker (MKR) trades above $1,500 on Thursday, suggesting a potential rally as technical indicators show bullish divergence.
Maker price has been struggling under the weight of declining markets for over six months now. MKR recently broke below the crucial $2,200 mark, setting the stage for its continued downtrend to its current price range of around $1,500. Despite MakerDAO’s plans to rebrand and build a new ecosystem to…
A crypto trader lost $1.13M in under 50 days after buying 1,100 $MKR at $2,643 and selling at $1,613 amid market volatility.