As mention before 🟣 Maker (MKR) Market Update – June 12, 2025
💰 Current Price: ~$2,026
📉 MKR has been under moderate selling pressure, following the broader market trend.
📊 Key Stats:
🔼 24h High: ~$2,350
🔽 24h Low: ~$2,190
📉 Recent Drop: ~4–6%
📉 RSI hovering in the mid-30s — nearing oversold territory
🧱 Major support: ~$2,100
🎯 Resistance to watch: ~$2,400+
🧠 Why MKR Matters:
MKR is the governance token of the MakerDAO protocol — the backbone behind DAI, the leading decentralized stablecoin.
MKR holders vote on protocol upgrades, stability fees, and collateral types.
DeFi interest rising again = potential upside in strong governance tokens like MKR.
📌 Watch for:
Breakout above $2,400 for bullish confirmation
Bounce from $2,100 for reversal play
💬 Holding, trading, or watching? Let us know below!