“MKR Bulls Dominate as 90-Day High Drives Impressive Price Surge”
Maker (MKR) cryptocurrency has emerged as the top gainer in the market, with its bulls maintaining market dominance for an extended period. In the last 24 hours, the price of MKR has surged between $881.85 and $971.18, reaching a 90-day high before encountering resistance. The positive momentum has continued, and at the time of writing, the market had risen by 6.38% to $936.73.
The surge in demand for MKR has led to an increase in market capitalization to $915,879,214, and the 24-hour trading volume has risen to $104,287,591. Traders have jumped on the bullish bandwagon, and investors’ increased faith in the market’s upward trajectory has fueled the rise in demand for MKR. As a result, many traders have taken advantage of the opportunity to purchase and sell MKR at higher prices, further driving the market’s rise.
The MKR/USD 24-hour price chart shows a steady upward trend, indicating that the bullish momentum is likely to continue. The cryptocurrency market has been volatile in recent times, but MKR’s sustained dominance suggests that it may be a safe bet for investors looking to capitalize on the market’s upward trend. As always, traders are advised to exercise caution and conduct thorough research before investing in any cryptocurrency.