$MKR Recent fundamental changes are worth watching closely. Maker’s treasury balance has fallen to a historical low of $13.5 million, which may create ongoing downward pressure on the token price.
At the heart of the issue is a major adjustment to the token buyback mechanism—down from the original 75% to just 7.5%, a reduction of as much as 90%. This change directly weakens the original core buy-side support and clearly dampens market confidence.
The current quote is $1,236.93, with a 24-hour trading volume of about $164,000, and a market cap of roughly $1.08 billion. With core support significantly weakened, the subsequent price trend will need to be monitored closely.
#DeFi #Maker
At the heart of the issue is a major adjustment to the token buyback mechanism—down from the original 75% to just 7.5%, a reduction of as much as 90%. This change directly weakens the original core buy-side support and clearly dampens market confidence.
The current quote is $1,236.93, with a 24-hour trading volume of about $164,000, and a market cap of roughly $1.08 billion. With core support significantly weakened, the subsequent price trend will need to be monitored closely.
#DeFi #Maker