Learn More About Maker And Our MKR Price Forecast
Want to find out the Maker Price Prediction for 2023, 2024, 2025, all the way to 2030?
We provide crypto price predictions by gathering a combination of time series data, media news, regulator activities, coin events, trading volumes on exchanges, and general statistics.
Most of our predictions/price forecasts range from 2023 to 2030, which we try to update regularly.
Additionally, you can read more below for the Maker Price Analysis, MKR Price Chart, and our overview of the crypto.
Finally, you can leave YOUR price predictions for each crypto in the comment box below the page!
| LATEST UPDATE: 02/15/2022 |
|---|
About Maker (MKR History)
The Maker token, or MKR, was created by MakerDao as a solution to support the stability of MakerDao’s stablecoin, DAI, both of which are essential to running the Dai Credit System.
A big player in the emerging DeFi economy, Maker has chosen a unique system of pegging their stablecoin to their MKR token.
In essence, this works because they can use the MKR token to buy or burn DAI tokens, which keep the price constant at $1.
Given how important DeFi has been to the most recent crypto bull run, it is no surprise to learn that the MKR token has been on quite a journey, too, this last 12 months.
Maker Price Analysis
Technically, MKR launched during the last bull run in late December 2017 for around $1,089.
As the bull run peaked in January, so did Maker’s price action at around $1,798.70.
From there, an enduring recession followed for the next two years, which saw lows of $168.36 by March 2020.
Luckily for long-time investors, although January 1st, 2021, had seen Maker climb to as high as $587.23, midway through the month, MKR was $1,574.44 and increased again to $2,723.22 by early February.
Unfinished, MKR continued to climb until an all-time high of $6,066.83 was achieved in early May 2021.
Leaving those lucky enough to have bought near the bottom, and sold near the top, would have received roughly 3,500% ROI.
However, time since hasn’t been as kind to MKR, and it appears to have fallen into a recession.
Despite making pushes to reclaim old ground in August and November, Maker currently trades around $2,250.
So, without that out the way, how is the future looking for Maker?
Maker Price Prediction/MKR Forecast for 2023, 2024, 2025 AND 2030
We predict future Maker short & long-term price predictions/MKR forecasts at cryptopredictpro.com using deep artificial intelligence-assisted technical analysis on Maker price data from the past. We work hard to collect as much historical data for the MKR coin as possible, including multiple parameters such as past price, Maker market cap, MKR volume, and a few others. Read our predictions if you want to invest in digital cryptocurrencies and get a good return on your investment. Additionally, if you want to see Maker price analysis charts, historical data, and more, click here!
Maker Price Prediction 2022 (MKR Forecast)
Looking at the daily charts, we can currently see MKR trading on both the positive side of its MACD and MA Cross.
Unfortunately for those looking for immediate profits, MKR also appears to be trading in the middle of its RMA values, suggesting MKR is most likely going to follow the market rather than breakout on its own, at least in the immediate short term.
Despite the immediate future looking set, our analyst believes the prices in 2022 will be entirely dictated by if this current upward trend in the market is merely a secondary test or a further expansion of the previous crypto bull run.
Consequently, our analysts’ prediction for 2022 is a value between $1,500 and $3,000, where MKR has found recent support and resistance.
Maker Price Prediction 2023 (MKR Forecast)
Progressing into 2023, the entire crypto market is currently forecasted to be in or entering a recession.
Unless Maker releases significant updates that encourage large new waves of adoption, we believe it will continue to follow the market overall.
Accordingly, we believe during 2023 the MKR price may fall between $1,250 and $1,750 if the market enters a market-wide recession.
Maker Price Prediction 2024 (MKR Forecast)
Luckily, 2024 is currently forecasted to be the year in which the recession slowly recedes in favor of growth.
If this holds true, we may see Maker reclaim old ground as investors look to place their bets in preparation for the next crypto bull cycle.
Therefore, we believe Maker will likely reclaim the $3,000 to $5,000 range during this period.
Maker Price Prediction 2025 (MKR Forecast)
As the peak of the next bull cycle begins to apex, we believe Maker is likely to exceed $15,000.
Although this may seem bullish now, achieving a $15,000 MKR token would only require roughly the same investment as Polygon has at the beginning of February 2022.
We do not feel it to be an unachievable target given the utility Maker provides and the time between now and then.
Maker Price Prediction 2026 (MKR Forecast)
Unfortunately, green days will eventually give way to red as the market completes the other end of its cycle.
Meaning, during 2026, we may see Maker fall back between $6,000 and $8,000.
Maker Price Prediction 2027 (MKR Forecast)
Like in 2023, currently, 2027 is predicted to be a poor year for the crypto market overall.
Assuming this holds, we may see MKR further slide to between $5,500 and $7,500.
Maker Price Prediction 2028 (MKR Forecast)
Fortunately, 2028 will bring another Bitcoin halving.
Hopefully, this will continue to stimulate the crypto market, and if it does, we may see a new round of all-time highs market-wide within a year.
Consequently, our prediction for 2028 is Maker will reclaim $10,000 and push towards $12,500.
Maker Price Prediction 2029 (MKR Forecast)
Penultimately, in 2029, if previous bull runs are anything to go by, we may see a $50,000 MKR token.
Again, while this may seem bullish now, to achieve a $50,000 MKR token wouldn’t even have the market cap of Binance Coin in February 2022.
Therefore, we do not believe this to be unreasonable for a date so far in the future.
Maker Price Prediction 2030 (MKR Forecast)
Lastly, in 2030, if previous trends persist, we could begin to see the market slow fall in favor of an overall recession.
Assuming this trend continues, we may see MKR settle somewhere around the $20,000 to $30,000 range.
Maker Price Prediction Chart
| Year | Predicted Year Low | Predicted Year High |
|---|---|---|
| 2022 | $1,524 | $3,064 |
| 2023 | $1,257 | $1,758 |
| 2024 | $3,012 | $5,023 |
| 2025 | $10,215 | $15,417 |
| 2026 | $6,014 | $8,036 |
| 2027 | $5,511 | $7,547 |
| 2028 | $10,149 | $12,564 |
| 2029 | $30,147 | $50,239 |
| 2030 | $20,789 | $30,780 |
Maker (MKR) Overview
| Ticker Symbol | MKR |
|---|---|
| Total Supply | 1,005,577 |
| Official Website | makerdao.com |
| Based On | DAI backing Project |
| Year Founded | 2017 |
| Wallets | MyEtherWallet, Metamask. |
| Exchanges | Coinbase, FTX, Gate.io, crypto.com. |
Conclusion
As Maker’s MKR is key to running the DAI stablecoin, as long as stablecoins are needed, MKR will be required to keep DAI pegged at $1.
Naturally, given MKR has a use case other than just being a token exchanged when running DeFi apps, providing management can navigate any turbulent seas they encounter, we believe Maker’s value will only continue to increase with time.
Of course, nothing is guaranteed in crypto, and with many competitors, it will require expert leadership to ensure relevancy so far in the future.
However, based on what we see presently, we don’t believe Maker is going anywhere anytime soon.
We give Maker 3.5 stars out of five. What is your price prediction for MKR? Leave your rating and comments below!
FAQ
1. What do we expect the highest price forecast for Maker to be for the year 2022?
We expect the MKR price to reach a maximum level of $3,064 in 2022.
2. How high can the price of MKR go?
In 2026, we estimate that the coin will easily reach around the $8,036 mark. However, in 2029, our MKR Price Prediction for 2029 is $50,239, which we believe will be its highest peak.
3. How much will Maker (MKR) be worth in 2030?
Our Maker price prediction for 2030 is around the $30,780 mark.
