This article will examine some coins that present impressive buying opportunities.
Maker (MKR)
MKR, the native token for the Maker protocol, is one of the coins in the green. Built on the Ethereum blockchain, the Maker protocol leverages smart contracts to automate the lending and collateralization of its stablecoin, known as DAI, while offering other functionalities, like lending.
MKR currently trades at $1,114.46, demonstrating a 2.26% increase in the past 24 hours. The digital asset is currently among the best performers in the CoinMarketCap top 50 rankings.
MKR enthusiasts are excited about the protocol’s recent vote to allocate $500 million to U/S treasuries and corporate bonds. The proposal, which passed on October 6, will see most of the $500 million invested into short-term U.S. treasuries.
$160 million will be allocated to the 0-1y U.S. Treasury iShares ETF while $240 million to the 1-3 year U.S. Treasury iShares exchange-traded fund (ETF) from BlackRock. The remaining $100...
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