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Maker (MKR) Price Rises 20% As Founder Sells 12 Bln SHIB & 75K LDO

source-logo  coingape.com 09 March 2024 16:37, UTC

In the current unpredictable state of the crypto market, a fascinating phenomenon involving an asset swap attracted the attention of cryptocurrency market aficionados worldwide. The price of Maker’s native token, MKR, surged by almost 20% as a result of this asset transfer. According to information provided by the tracker Scopescan, Maker’s co-founder Rune Christen exchanged enormous quantities of the native tokens of Shiba Inu (SHIB) and Lido DAO (LDO) for MKR, greatly boosting the token’s value in the Ethereum-based smart contract platform and the wider cryptocurrency market.

coingape.com