The price of #MKR, the protocol's #governance token, also plummeted on the back of these fears, falling 26.1% as traders were likely anticipating a potential need for the token to be minted in order to serve as a backstop to satisfy redemptions.
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The #MKR trading volume surged by at least 200% #following the development
The #MKR trading volume surged by at least 200% #following the development
If buyers sustain the price above $963, the #MKR/USDT pair may start its journey to the $1,150 to $1,170 #resistance zone.
#MakerDAO’s #partnership with Centrifuge predicts this for #MKR holders
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