Is mkr going to be split up?

The day before yesterday, a whale wallet bought nearly 3,000 mkr at an average price of less than 3,000 after selling eth. This move allowed mkr's price to break through the key point of $3,000 despite the overall decline in the currency market yesterday.

Whale chose to take action at this time, which attracted people's attention and made many people speculate: Is mkr really going to be split up?

It was previously reported that MKR will be split according to a 1:12,000 plan, that is, one MKR currently will be converted into 12,000 new coins.

So, is this time before mkr split up a good opportunity for investors to invest?

In the early days of the last bull market, the cross-chain star project Polkadot had such a case. At that time, the project token dot was split at 1:100.

Before the split, the price of dot currency was US$300. Therefore, many people are calculating that after the split, its price should be normal at US$3.

As a result, on the day of the split, the price of the currency rose by more than 4 US dollars. When the main rise came in the late bull market, the price of dot after the split rose to a high of 55 US dollars. It can be said that the split of dot is a very successful case.

Then, someone has to ask, if mkr is really split, will it be as successful as dot?

I have my answer to this question, and you should also have your own answer. As for whether our answer is correct or not, the market will eventually tell us in the form of numbers.