Maker Price Prediction 2025: MKR Could Rise Again Despite Post-Rebrand Dip
Key Takeaways
- The Maker DAO rebranded itself as Sky in August 2024.
- Despite that, the price of its native MKR token, which supports the DAI stablecoin, has fallen.
- Our Maker price predictions suggest that MKR could reach $3,900 in 2025
The Maker decentralized autonomous organization (DAO) underwent a rebrand in August 2024. The platform, which was built to support the DAI stablecoin, became Sky.
However, the change doesn’t seem to have much of an impact. The price of its MKR token has fallen since then, and despite an upturn in late 2024, Maker was worth about $1,490 on Jan. 9, 2025.
Let’s now look at our price predictions for MKR, made on Jan. 9, 2025. We will also examine the MKR price history and talk a little about what MKR is and what it does.
Maker Price Prediction
Let’s look at the MKR price predictions made by CCN on Jan. 9. We will use the wave count method to arrive at the predictions. Then, we will add and remove 20% from the final targets to create the minimum and maximum MKR price predictions.
| Minimum MKR Price Prediction | Average MKR Price Prediction | Maximum MKR Price Prediction | |
|---|---|---|---|
| 2025 | $2,500 | $3,200 | $3,900 |
| 2026 | $1,200 | $1,500 | $1,800 |
| 2030 | $4,640 | $5,800 | $6,960 |
The most likely wave count suggests that MKR has just started the fifth and final wave in an upward movement that began in 2023. It will confirm this by breaking out from a descending parallel channel that has existed since March 2024.
If the count is accurate, wave five can end at the 1.61 external Fibonacci retracement of wave four at $6,020.
Then, the price can begin a lengthy correction similar to the one after the all-time high.
During these projected upward and downward movements, the wave count method gives targets of $3,200 and $1,500 for the end of 2025 and 2026, respectively.
Finally, we will use the daily rate of increase for the past two years to predict the end of 2030.
MKR has increased by 1,40% since January 2023 for a daily rate of 0.19%. Projecting this increase until the end of 2030 leads to a target of $5,800.
Maker Price Prediction for 2025
The wave count method predicts an MKR price range between $2,500 and $3,900 by the end of 2025.
Maker Price Prediction for 2026
The wave count method gives an MKR price prediction range between $1,200 and $1,800 for the end of 2026.
Maker Price Prediction for 2030
The daily rate of increase for the past two years gives an MKR price prediction range between
$4,680 and $6,960 for the end of 2030
Maker Price Analysis
The daily time frame chart shows that MKR has broken down from an ascending support trend line and fallen below the $1,600 horizontal support area. These are both bearish signs that indicate the price will head lower.
If the downward movement continues, the next closest support will be at $1,260.
The daily time frame RSI is also bearish, supporting the possibility of a decline. The indicator is moving downward and is below 50.
Short-Term Maker Price Prediction
The Maker price prediction for the next 24 hours is bearish. The price is likely to continue falling toward the next closest support, $1,260.
Maker Average True Range (ATR): MKR Volatility
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.
Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels. On Jan. 9, 2025, MKR’s ATR was 106, a sign of low volatility.
Maker Market Cap to TVL Ratio
The Total Value Locked (TVL) to market cap ratio (TVL ratio) measures the valuation of a decentralized finance (DeFi) project by comparing its market capitalization to the total value of assets locked in its smart contracts.
This ratio shows the project’s utilization and links the platform’s health to locked asset value.
A ratio above 1.0 indicates overvaluation because the market cap exceeds the value of assets used in the platform. A ratio below 1.0 indicates undervaluation because the market cap is lower than the value of locked assets. On Jan. 9, 2025, the MKR TVL ratio was 0.24, a sign of undervaluation.
Maker Relative Strength Index (RSI): Is MKR Oversold or Overbought?
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold.
Movements above 70 and below 30 show over and undervaluation, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Jan. 9, 2025, the Maker weekly RSI was at 41, indicating a bearish trend.
CCN Strength Index
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
- 0 to 24: Assets exhibit significant weakness, showing signs of sustained downtrend behavior.
- 25 to 35: The price tends to move within stable bounds with minimal volatility.
- 36 to 49: Assets begin a stable uptrend but without strong surges.
- 50 to 59: Consistent growth with moderate price advances, building momentum.
- 60+: Sharp price movements and high demand indicate stronger volatility and trend shifts.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but the score will slowly adjust back up as volatility decreases.
On Jan. 9, 2025, Maker scored 34 on the CCN Index, suggesting somewhat weak momentum.
Maker Price Performance Comparisons
Maker is a lending/borrowing protocol, so let’s compare it with other similar protocols.
Best Days and Months to Buy Maker
We examined the MKR price history and found the lowest points on certain days, months, quarters, and even weeks in the year, indicating the best times to buy MKR.
| Time to Buy MKR | Days, Month, and Quarters |
|---|---|
| Best Day | Friday |
| Best Week | 2 |
| Best Month | January |
| Best Quarter | First |
MKR Price History
Let’s look closer at the MakerDAO (MKR) price history. While past performance doesn’t necessarily indicate future results, understanding what MKR has done can help us contextualize future Maker price predictions.
| Period | MKR Price |
|---|---|
| Last week (Jan. 2 2025) | $1,566 |
| Last month (Dec. 9, 2024) | $2,222 |
| Three months ago (Oct. 9, 2024) | $1,419 |
| Last year (Jan. 9, 2024) | $1,872 |
| Five years ago (Jan. 9, 2020) | $486.86 |
| Launch price (Jan. 30, 2017) | $22.67 |
| All-Time High (May 3, 2021) | $6,339.02 |
| All-Time Low (Jan. 30, 2017) | $21.06 |
Maker Market Cap
Market capitalization, or market cap, is the sum of the total number of Makers in circulation multiplied by their price.
On Jan. 9, 2025, MKR’s market cap was $1.33 billion, making it the 75th-largest crypto by that metric.
Who Owns the Most Maker (MKR)?
On Jan. 9, 2025, one wallet held nearly 12.5% of the MKR supply.
Richest MKR Wallet Addresses
As of Jan. 9, 2025, the addresses with the most MKR were
- 0x0a3f6849f78076aefadf113f5bed87720274ddc0. This wallet held 125,266 MKR or 12.46% of the supply.
- 0xe311d2576c0c62b92e241a62d93bccfa084868fb. This wallet held 44,420 MKR or 4.42% of the supply.
- 0xf977814e90da44bfa03b6295a0616a897441acec. This wallet, listed as Binance, held 39,000 MKR, or 3.88% of the supply.
- 0xbbbbbbbbbb9cc5e90e3b3af64bdaf62c37eeffcb. This wallet held 38,181 MKR, or 3.8% of the supply.
- 0xbe8e3e3618f7474f8cb1d074a26affef007e98fb. This wallet held 28,757 DAO or 2.86% of the supply.
Maker Supply and Distribution
| Supply and distribution | Figures |
|---|---|
| Maximum Supply | 1,005,577 |
| Circulating supply on Jan. 9, 2025 | 892,683 (88.77% of maximum supply) |
| Holder distribution | Top 10 holders owned 38.43% of the maximum supply as of Jan. 9, 2025 |
From the Whitepaper
The Maker Protocol’s technical documentation, or whitepaper , says it aims to let people create DAI with their own collateral.
It adds: “Blockchain technology provides an unprecedented opportunity to ease the public’s growing frustration with—and distrust of—dysfunctional centralized financial systems. By distributing data across a network of computers, the technology allows any group of individuals to embrace transparency rather than central entity control.
“The result is an unbiased, transparent, and highly efficient permissionless system that can improve current global financial and monetary structures and better serve the public good.”
Maker (MKR) Explained
Danish crypto entrepreneur Rune Christiansen set up the MakerDAO (Decentralized Autonomous Organization) in 2014. Christiansen’s goal was to allow people to use crypto as collateral while taking out loans.
The Maker Protocol was released in 2017. It supports the DAI stablecoin, which matches the dollar’s value. DAI and MKR are linked through a series of smart contracts, computer programs that automatically execute when certain conditions are met.
In the summer of 2024, the MakerDAO became Sky.
The MKR crypto token supports both Sky and the Maker Protocol.
A separate SKY token has a self-reported market cap of more than $1 billion.
How Maker Works
Both Sky and the Maker Protocol systems operate on the Ethereum (ETH) blockchain. Sky allows people to take out loans using the DAI stablecoin, providing crypto as collateral. Meanwhile, the Maker Protocol ensures that DAI stays pegged to the dollar.
People who hold the Maker token can vote on changes to the network. People can buy, sell, and trade MKR on exchanges.
One thing we should mention here is that because Maker exists on the Ethereum blockchain, it is a token rather than a coin. You might see references to such things as a Maker coin price prediction, but these are wrong.
Is Maker a Good Investment?
It is hard to say. MKR has not done well since MakerDAO’s rebrand, and it is hard to see what could help push it up.
As always, caution is advised when investing in MakerDAO, as the world of crypto has been shaken by the United States Securities and Exchange Commission (SEC)’s legal activities.
Will Maker go up or down?
No one can honestly say for sure right now. While price prediction sites are upbeat about the token’s chances, price predictions are often wrong. You should also remember that prices can and do go down and up.
Should I invest in Maker?
Before you decide whether or not to invest in MakerDAO, you will need to do your own research, not only on MKR but also on similar coins and tokens.
Technical analysis by Valdrin Tahiri.
FAQs
Will Maker reach $10,000?
Our Maker price predictions suggest that if MKR ever does reach five figures, it won’t be until at least the 2030s.
What is MakerDAO used for?
MKR is a governance token, meaning that people who hold it can vote on proposals to changes to the MakerDAO crypto lending platform and the Maker Protocol, which manages the DAI stablecoin.
Will Maker reach $10,000?
Our Maker price predictions suggest that if MKR ever does reach five figures, it won’t be until at least the 2030s.
What is MakerDAO used for?
MKR is a governance token, meaning that people who hold it can vote on proposals to changes to the MakerDAO crypto lending platform and the Maker Protocol, which manages the DAI stablecoin.
Disclaimer
Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability, and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto user should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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