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

The whole crypto world is on a verge of a complete breakdown. Bitcoin has fallen 75% from its all-time high amid broader market declines caused by raging inflation and US Fed rate hikes.

When add the most recent melt-downs of huge industry players (FTX, Celsius, Luna etc) into the equation, the horizont is murky and there will be more blood on the streets of the crypto town.

Investors are selling risky assets and moving into more stable markets. Crypto is still perceived as a very risky play and hence the sell off.

Our algo still sees a some green in 2023, especially in the second part of the year. This is reflected in our 2023 predictions.

Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.

Once Bitcoin settles in the new price range, altcoins will start to do the same - we have witnessed this scenario dozens of times in the distant and more recent history.

Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2. We expect whales and other bigger players in the market to finish filling their bags around that time which will cause a typical and sudden crypto spike.

CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project.

Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.

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
2023-03-27
+7.14 % $ 717.77
2023-03-28
+7.66 % $ 721.24
2023-03-29
-0.64 % $ 665.62
2023-03-30
+2.84 % $ 688.93
2023-03-31
+4.96 % $ 703.16
2023-04-01
+3.36 % $ 692.43
2023-04-02
-1.68 % $ 658.68
2023-04-03
+1.02 % $ 676.74
2023-04-04
+6.71 % $ 714.85
2023-04-05
+0.16 % $ 671.01
2023-04-06
+0.89 % $ 675.92
2023-04-07
+5.02 % $ 703.58
2023-04-08
+0.35 % $ 672.24
2023-04-09
+4.45 % $ 699.70
2023-04-10
+7.48 % $ 720.05
2023-04-11
+4.55 % $ 700.42
2023-04-12
+3.85 % $ 695.70
2023-04-13
+1.93 % $ 682.83
2023-04-14
+0.21 % $ 671.36
2023-04-15
+7.23 % $ 718.36
2023-04-16
-1.74 % $ 658.27
2023-04-17
+4.63 % $ 700.94
2023-04-18
-0.37 % $ 667.44
2023-04-19
-0.32 % $ 667.76
2023-04-20
-3.20 % $ 648.46
2023-04-21
-0.20 % $ 668.59
2023-04-22
+3.90 % $ 696.04
2023-04-23
-2.59 % $ 652.55
2023-04-24
+5.80 % $ 708.78
2023-04-25
-3.52 % $ 646.33
2023-04-26
-2.01 % $ 656.49
2023-04-27
-2.58 % $ 652.63
2023-04-28
-2.22 % $ 655.06
2023-04-29
+3.48 % $ 693.22
2023-04-30
-1.57 % $ 659.42
2023-05-01
+3.07 % $ 690.50
2023-05-02
-3.72 % $ 644.99
2023-05-03
+2.93 % $ 689.53
2023-05-04
+3.39 % $ 692.63
2023-05-05
+0.54 % $ 673.51
2023-05-06
-0.98 % $ 663.36
2023-05-07
-5.86 % $ 630.65
2023-05-08
-0.28 % $ 668.06
2023-05-09
+3.04 % $ 690.27
2023-05-10
-4.52 % $ 639.66
2023-05-11
-4.06 % $ 642.72
2023-05-12
-4.57 % $ 639.31
2023-05-13
-6.52 % $ 626.28
2023-05-14
-1.57 % $ 659.39
2023-05-15
-7.26 % $ 621.29
2023-05-16
-0.56 % $ 666.19
2023-05-17
-1.55 % $ 659.57
2023-05-18
+2.24 % $ 684.94
2023-05-19
-3.32 % $ 647.69
2023-05-20
-6.19 % $ 628.49
2023-05-21
-5.40 % $ 633.72
2023-05-22
-6.31 % $ 627.63
2023-05-23
-1.86 % $ 657.47
2023-05-24
-5.83 % $ 630.89
2023-05-25
-0.14 % $ 669.01
2023-05-26
-0.87 % $ 664.13
2023-05-27
+0.82 % $ 675.41
2023-05-28
-7.19 % $ 621.78
2023-05-29
+0.52 % $ 673.41
2023-05-30
-3.88 % $ 643.91
2023-05-31
-8.25 % $ 614.63
2023-06-01
-5.41 % $ 633.67
2023-06-02
-3.45 % $ 646.78
2023-06-03
-6.60 % $ 625.74
2023-06-04
-5.18 % $ 635.20
2023-06-05
-9.12 % $ 608.83
2023-06-06
-4.33 % $ 640.92
2023-06-07
-8.11 % $ 615.61
2023-06-08
-8.71 % $ 611.60
2023-06-09
-3.91 % $ 643.76
2023-06-10
-4.96 % $ 636.68
2023-06-11
-5.38 % $ 633.86
2023-06-12
-3.28 % $ 647.92
2023-06-13
-3.24 % $ 648.24
2023-06-14
-9.06 % $ 609.23
2023-06-15
-7.10 % $ 622.38
2023-06-16
-10.81 % $ 597.52
2023-06-17
-8.09 % $ 615.75
2023-06-18
-6.78 % $ 624.53
2023-06-19
-9.37 % $ 607.13
2023-06-20
-9.65 % $ 605.26
2023-06-21
-2.49 % $ 653.27
2023-06-22
-8.62 % $ 612.18
2023-06-23
-6.38 % $ 627.20
2023-06-24
-11.80 % $ 590.87

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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 Apr
-1.57 % $ 659.42
2023 May
-8.25 % $ 614.63
2023 Jun
-0.56 % $ 666.15
2023 Jul
+7.63 % $ 721.05
2023 Aug
+11.81 % $ 749.02
2023 Sep
+22.26 % $ 819.03
2023 Oct
+31.27 % $ 879.39
2023 Nov
+26.47 % $ 847.23
2023 Dec
+41.94 % $ 950.92
2024 Jan
+46.40 % $ 980.75
2024 Feb
+40.43 % $ 940.77
2024 Mar
+51.50 % $ 1014.93

MKR Price Prediction 2025 – 2030 – 2040

Our prediction model sees MKR reaching new highs in 2025:

$ 5252.20

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

Read also:

intelligent crypto
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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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