MKR

The post Whale Transaction Alert: Nascent Swaps $3.41 Million Worth Of MKR For PEPE And LDO! appeared first on Coinpedia Fintech News Nascent has recently deposited 1,215 MKR tokens worth $3.41 Million to Binance. They then withdrew 141.23 Billion Pepe memecoins worth $1.57 Million and 281,000 LDO tokens worth $503,000. Nascent further withdrew 3.4 Million USDT from Binance. Reportedly, they currently hold 608.85 Billion Pepe tokens worth approximately $7.5 Million.

Smart traders 0x3737 and 0xCf9b profit significantly from MKR and PEPE trades. MakerDAO’s $1B Tokenization Grand Prix aims to boost real-world asset onboarding. According to a tweet from Lookonchain, two smart traders recently made large swings in the Maker (MKR) and Pepe (PEPE) markets. Since June 27, the first trader, whose address is 0x3737, has purchased 1,465 MKR tokens worth around $3.63 million at an average price of $2,476. We noticed that 2 smart traders bought $MKR recently! 0x3737 bought…

The Ethereum DeFi sector is witnessing a significant technical pattern—an ascending triangle formation—that indicates a potential 800% rally for prominent DeFi tokens such as Aave (AAVE), RCO Finance (RCOF), and Maker (MKR).  As the crypto market buzzes with anticipation, it is essential to understand the unique value propositions of these tokens and why RCO Finance (RCOF) stands out as the top choice for savvy investors.  RCO Finance AI-Powered DeFi Revolution RCO Finance (RCOF) is an ERC-20 DeFi token making a…

Ross Ulbricht, the brains behind the infamous Silk Road website, recently penned down a piece on the Maker Dao Protocol. Ross, who is currently serving a life sentence, coined the protocol as a ‘cool concept’ that provided the benefits of a cryptocurrency without the volatility usually associated with them.  In his Medium article, Ross acknowledged that he couldn’t have gotten all the details on Maker while behind bars. He, however, believed that he had read enough to give some suggestions…

Last week, Decentralized finance (DeFi) protocol known as Compound was able to implement its initial two community-driven governance proposals. The launching of the protocol’s governance token (COMP) aimed at the facilitation of community-driven protocol upgrades and development is on the way. First Governance Proposal For Compound The community was given the opportunity to choose the assets they want to be added to Compound in September last year and most people chose Maker (MKR) and Tether (USDT). Hence, based on the…

Decentralized Finance, more commonly known as DeFi, is the newest trend in the cryptocurrency sector. After "Colored Coins," Smart Contracts, and ICOs, DeFi has taken the limelight. It has opened the door to a whole new branch of decentralized technologies. Among the hundreds of projects focusing on bringing Decentralize Finance to the masses, none has been as successful as the MakerDAO Network. The Need for MakerDAO The MakerDAO is a decentralized smart contract platform on Ethereum. It is one of…