CandleFocus Maker Price Risks Drop to $1200 Amid Major Rebranding to SKY
2024-09-18
Author: Content Editor
The price of Maker (MKR) has been steadily declining for the past six months and recently dropped below a crucial support level of $2,200. The cryptocurrency is currently trading around $1,500. MakerDAO had plans to rebrand and develop a new ecosystem for decentralized finance (DeFi), but despite these efforts, the decline in price continues. The news also mentions Donald Trump's launch of his own platform called World Liberty Financial, although it is unclear how this is related to the decline in Maker's price.
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