Maker Price Prediction 2023 – 2025 – 2030 | MKR Price Forecast

In this guide, we will voice our own and market’s opinion on MKR future while discussing Maker price forecast for 2023 and beyond.

Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Maker.

Now, let’s head into it. Before we delve deep into the Maker price prediction and answer questions if MKR is a good investment or not, why will MKR succeed or fail or why will Maker price rise or drop, let’s quickly throw a glance at what is MKR and its to date history.

What is Maker MKR

Maker (MKR) is the main utility and governance token for the decentralized lending platform, Maker. Maker is an Ethereum based decentralized autonomous organization (DAO) that allows anyone to lend and borrow cryptocurrency without credit checks. The network combines advanced smart contracts with a uniquely pegged stablecoin to accomplish this task.

Dai (or DAI) is a decentralized, unbiased, collateralized stablecoin soft-pegged to the US dollar. This may sound complicated, but in essence what it means is that it’s a cryptocurrency whose price roughly follows the value of the dollar – without the need of a central authority.

Dai is unbiased because it isn’t managed by a private company, like other stablecoins such as USDT, and it’s collateralized because new Dai can only be minted by a Maker Protocol user who deposits an appropriate amount of other cryptocurrencies into a smart contract in order to back the new DAI being minted. Dai holders can also use the Maker Protocol to earn interest on their stablecoins, with the amount being determined by the Dai Savings Rate.

What is MKR Token

MKR is a token on the ethereum blockchain (like the rest of the Maker ecosystem) that has governance rights over the Maker smart contracts. For instance, the number used in the above examples (the collateralization rate of CDPs) is set by a vote of MKR holders. In return for regulating the system, MKR holders are rewarded with fees.

There is, however, a catch to being a MKR holder. They function as the buyer of last resort. Should the collateral in the system not be enough to cover the amount of Dai in existence, MKR is created and sold onto the open market in order to raise the additional collateral. This provides a strong incentive for MKR holders to responsibly regulate the parameters at which CDPs can create Dai, as it will ultimately be their money on the line should the system fail, not holders of Dai. I could write a lot more about the mechanics and role of MKR, but that’s a subject for a different post.

MKR Price Prediction For The Next 90 Days

Since the whole market is tightly correlated, general sentiment is always the first thing to check before predicting the prices of individual coins. So, let us do a quick overview of the market.

After a brutal crypto winter in 2022, the market has shown signs of life in 2023. Bitcoin has rallied 80% so far, putting it on track for its best year since 2020. Ethereum is also up 50% year-to-date.

Several factors have fueled this crypto rebound. Most notably, Ripple Labs won a key legal victory against the SEC in June, leading to a short-lived price bounce. Renewed institutional interest has also provided a boost, with major firms like BlackRock pushing for Bitcoin ETF approval.

Meanwhile, inflation has triggered a crypto comeback as digital assets gain appeal as an anti-inflation hedge. However, major headwinds persist. The total crypto market cap stands at $1.1 trillion after peaking at $3 trillion in late 2021.

And volatility remains high. Bitcoin spiked to a 2023 high near $32,000 in May but has since pulled back below $30,000 amidst intensifying regulatory scrutiny. The SEC continues targeting top exchanges like Coinbase and Binance.

While the worst of crypto winter seems over, the road to full recovery looks long. But institutional adoption continues growing steadily, and some analysts forecast Bitcoin topping $100,000 within a couple years.

Regulatory actions remain crucial to watch. If cryptocurrencies can cement themselves as digital gold safe havens, macro trends could fuel their next bull run. But more clampdowns present downside risk. After a tumultuous 2022, 2023 shows crypto turning a corner - but uncertainty still looms large.

Below is a tabular overview of how will MKR develop in the short-term (for the next 90 days), according to our prediction model:

Next 30 days
Next 60 days
Next 90 days
2023-09-28
+2.23 % $ 1485.63
2023-09-29
-0.10 % $ 1451.78
2023-09-30
+7.69 % $ 1565.01
2023-10-01
-1.08 % $ 1437.55
2023-10-02
+2.36 % $ 1487.47
2023-10-03
+9.22 % $ 1587.28
2023-10-04
+2.05 % $ 1482.98
2023-10-05
+5.53 % $ 1533.61
2023-10-06
+6.96 % $ 1554.35
2023-10-07
+1.30 % $ 1472.15
2023-10-08
+0.78 % $ 1464.62
2023-10-09
+2.14 % $ 1484.31
2023-10-10
+8.27 % $ 1573.38
2023-10-11
+5.43 % $ 1532.19
2023-10-12
-1.27 % $ 1434.79
2023-10-13
+0.31 % $ 1457.75
2023-10-14
+0.55 % $ 1461.22
2023-10-15
-2.02 % $ 1423.94
2023-10-16
+2.50 % $ 1489.57
2023-10-17
+2.19 % $ 1484.99
2023-10-18
+3.26 % $ 1500.55
2023-10-19
+6.56 % $ 1548.56
2023-10-20
-2.16 % $ 1421.82
2023-10-21
+6.11 % $ 1541.96
2023-10-22
+2.99 % $ 1496.72
2023-10-23
-0.08 % $ 1452.02
2023-10-24
+4.46 % $ 1518.09
2023-10-25
-2.29 % $ 1420.01
2023-10-26
-1.79 % $ 1427.27
2023-10-27
+6.50 % $ 1547.66
2023-10-28
+2.95 % $ 1496.11
2023-10-29
+3.25 % $ 1500.48
2023-10-30
+3.04 % $ 1497.41
2023-10-31
-2.80 % $ 1412.56
2023-11-01
+3.36 % $ 1502.07
2023-11-02
+0.33 % $ 1458.02
2023-11-03
+0.13 % $ 1455.09
2023-11-04
+2.02 % $ 1482.55
2023-11-05
+5.94 % $ 1539.59
2023-11-06
-1.68 % $ 1428.80
2023-11-07
+3.65 % $ 1506.28
2023-11-08
+4.47 % $ 1518.25
2023-11-09
+2.52 % $ 1489.82
2023-11-10
+0.67 % $ 1463.03
2023-11-11
-2.60 % $ 1415.47
2023-11-12
-1.82 % $ 1426.72
2023-11-13
-2.44 % $ 1417.71
2023-11-14
+1.64 % $ 1477.13
2023-11-15
-4.34 % $ 1390.22
2023-11-16
+1.06 % $ 1468.57
2023-11-17
-2.77 % $ 1412.96
2023-11-18
-2.22 % $ 1420.98
2023-11-19
+5.59 % $ 1534.45
2023-11-20
+0.46 % $ 1459.95
2023-11-21
-2.47 % $ 1417.30
2023-11-22
+3.11 % $ 1498.39
2023-11-23
-0.39 % $ 1447.54
2023-11-24
-1.10 % $ 1437.20
2023-11-25
+4.50 % $ 1518.59
2023-11-26
+1.13 % $ 1469.63
2023-11-27
-2.96 % $ 1410.21
2023-11-28
+4.73 % $ 1521.99
2023-11-29
-2.35 % $ 1419.09
2023-11-30
+0.56 % $ 1461.42
2023-12-01
+3.83 % $ 1508.89
2023-12-02
+3.33 % $ 1501.58
2023-12-03
-1.72 % $ 1428.27
2023-12-04
-3.97 % $ 1395.48
2023-12-05
+4.64 % $ 1520.71
2023-12-06
-5.63 % $ 1371.40
2023-12-07
+2.16 % $ 1484.58
2023-12-08
+0.60 % $ 1461.89
2023-12-09
-2.11 % $ 1422.57
2023-12-10
-5.04 % $ 1379.94
2023-12-11
+1.58 % $ 1476.13
2023-12-12
+1.92 % $ 1481.06
2023-12-13
-2.75 % $ 1413.22
2023-12-14
-1.76 % $ 1427.71
2023-12-15
-4.93 % $ 1381.51
2023-12-16
+2.04 % $ 1482.84
2023-12-17
-0.46 % $ 1446.56
2023-12-18
-3.39 % $ 1404.02
2023-12-19
-6.01 % $ 1365.95
2023-12-20
-1.03 % $ 1438.25
2023-12-21
+1.01 % $ 1467.87
2023-12-22
-4.17 % $ 1392.64
2023-12-23
-2.61 % $ 1415.28
2023-12-24
-3.87 % $ 1396.97
2023-12-25
-1.96 % $ 1424.79
2023-12-26
-6.40 % $ 1360.22

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Maker Price Prediction 2023

Our prediction model sees a temporary switch to a bear market at the beginning of 2023 before we move onto another leg up in Q3 & Q4 of 2023.

2023 Oct
-2.80 % $ 1412.56
2023 Nov
+0.56 % $ 1461.42
2023 Dec
+11.11 % $ 1614.61
2024 Jan
+12.51 % $ 1635.06
2024 Feb
+20.34 % $ 1748.78
2024 Mar
+31.05 % $ 1904.45
2024 Apr
+25.43 % $ 1822.83
2024 May
+31.21 % $ 1906.83
2024 Jun
+48.43 % $ 2157.06
2024 Jul
+53.87 % $ 2236.09
2024 Aug
+46.71 % $ 2131.96
2024 Sep
+57.50 % $ 2288.83

MKR Price Prediction 2025 – 2030 – 2040

Our prediction model sees MKR reaching new highs in 2025:

$ 11044.53

MKR price in 2030 & 2040 should be a couple of orders of magnitude higher than our 2025 prediction.

Read also:

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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

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Torsten Hartmann
Torsten Hartmann

Torsten Hartmann has been an editor in the CaptainAltcoin team since August 2017. He holds a degree in politics and economics. He gained professional experience as a PR for a local political party before moving to journalism. Since 2017, he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society.

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