📉 $MKR Update – June 27
Price: $1860
$MKR has pulled back from the recent highs of ~$2150, now sitting at $1860. That’s a ~13% drawdown — uncomfortable but not unusual given the broader market weakness and macro jitters (Iran-Israel, etc.).
⚙️ Fundamentals Remain Solid:
• Still ~$100M+ in annualized real yield
• Daily buybacks ongoing (now at $400k/day)
• SPK farming expected to kick off soon — staking rewards likely to surge
• June 30 (ETHCC) could bring major announcements: USDS expansion, SPK roadmap, governance changes
📈 Outlook:
This dip could be a gift if you’re aligned with the long-term thesis. Maker’s fundamentals are still among the strongest in DeFi. The next leg up likely hinges on the clarity/timing of SPK farming and ETHCC reveals.
✅ Still holding 100% MKR. Staying patient.
