Why is $MKR Pumping So Hard? | +13% in 24H
Maker has shown a strong rally over the past 24 hours, gaining more than 13.5% and reaching $1,789 after touching a daily low of $1,553. The surge has been backed by high trading activity, with a 24h volume of 14.8M USDT.
Key Highlights:
24h High: $1,848
24h Low: $1,553
24h Volume: 14.8M USDT
Daily Growth: +13.57%
Possible Reasons Behind the Pump:
Strong buying pressure after recent consolidation.
Renewed investor interest in DeFi tokens.
Whale accumulation ahead of anticipated market moves.
Overall positive sentiment in the altcoin market.
With the $1,850 resistance level in sight, a confirmed breakout could pave the way toward the $2,000 psychological mark. However, traders should remain cautious and manage risk carefully.
This move shows significant strength in MKR, raising the question: could this be the beginning of a larger rally?
Buy and trade here on $MKR