Story Highlights The live Price of the Maker Dao token is . Maker price could surge, as high as $5,827 by the end of 2024. With a potential surge, MKR's price could reach $17,191 by the end of 2030.

Market downturn pushes traders towards stablecoins as Bitcoin breaches critical support, impacting the broader altcoin market.

A cryptocurrency trader lost $1.13 million in 50 days, capitulating from his MakerDAO (MKR) position after the Sky announcement. MakerDAO is one of the most popular decentralized finance (DeFi) governance protocols created to support the multi-collateralized dollar stablecoin, DAI.

Kujira and its partner join the Rujira Alliance to create a new DeFi app layer for THORChain.

Bitcoin (BTC) surged above $57k as the cryptocurrency market attempted to recover from last week's sharp decline to a low of $53.3k. The market has faced additional pressure due to a negative streak of net outflows.

TL;DR Kujira merges with major ecosystem projects to form the Rujira Alliance, aiming to expand THORChain's capabilities and reach. Rujira Alliance to revolutionize DeFi by integrating member strengths, enhancing user experience, and providing seamless access to DeFi services. Introduction of a new native token to facilitate transactions and incentivize participation, driving further engagement and investment in THORChain.

The recent turmoil within the market has dragged the majority of the tokens below the crucial support levels. Meanwhile, some of the altcoins like FTM, AI tokens like FET or memecoins like WIF have been displaying significant strength.

DeFi project Kujira merged with three ecosystem partners to create an alliance to build THORChain's app layer, backed by a new token.

Cryptocurrency is constantly evolving, and these three are at the forefront of innovation.

MakerDAO's rebranding to Sky has diehard decentralized finance fans worried, but expert claims the move was necessary for the platform. On Aug. 27, MakerDAO founder Rune Christensen announced that the DeFi platform will rebrand as Sky.

The long-awaited Antelope Spring upgrade, but will it count for much?

THORChain recently underwent a hard fork, but it wasn't enough for the bulls to gain control of the market.

MKR is currently trading at the lowest price since early January 2024.

TL;DR The major THORChain hard fork took place on September 4, but the price of RUNE has dropped 70% in the past six months. RUNE has dropped 12% in the last 24 hours and continues to decline.

MakerDAO down 24% post-rebrand, facing market criticism and concerns. Early MKR holder sold for 70x profit amid recent rebranding.

A whale sold seven-year old holdings of Maker (MKR), just as the protocol is rebranding and aiming to find new users and sources of liquidity.

THORChain, a cross-chain decentralized exchange using Cosmos technology, successfully conducted a hard fork yesterday, September 4. However, while the update was highly anticipated, sellers still needed to press on, looking at the formation in the daily chart.

EOS Network Foundation releases Spring 1.0 Stable in preparation for the upcoming EOS hard fork scheduled for September 25th, 2024.

EOS has emerged as a compelling investment option for those looking to diversify their portfolios. This article explores the potential price movements of EOS in the coming years and evaluates whether now is the right time to buy this intriguing altcoin.

THORChain price (RUNE) has experienced a noticeable uptick in its value as the broader cryptocurrency market begins to rebound. The price of RUNE is indicating a robust recovery, hinting at positive market dynamics.

Executives from Aave and MakerDAO, now known as Sky, have proposed forming an alliance aimed at improving the sustainability of decentralized finance (DeFi).

RUNE's struggle to break above key EMAs leaves traders eyeing the $3.5 support for signs of a potential bullish reversal.

Story Highlights The live price of the Flow token is . This altcoin could surge to a maximum of $1.16 in 2024. FLOW with a potential surge could go as high as $5.63 by 2030. Rising altcoins are making a new bull wave in the crypto market, marking new surges in specific altcoins daily.

Cryptocurrencies faced significant bearish pressure on Friday, with Bitcoin briefly dropping below the $58,000 mark, hitting $57,994. Although bulls quickly reclaimed the $58,300 level, the altcoin market bore the brunt of the decline, with Enjin, Dent, and EOS leading the downturn.

With the crypto market wilting under the weight of these fearful times, three of the higher end altcoins are at, or near, major support levels once again - is this the time to buy?

The Gnosis Chain community is exploring alternative solutions to replace xDAI. Among the proposed options is the adoption of another decentralized stablecoin.

Rune Christensen, co-founder of the decentralized finance platform Maker (MKR), has clarified that while the upcoming stablecoin rebrand will introduce a freeze function, it will not be applied to the existing DAI stablecoin.

Gnosis Chain members are reassessing their choice of gas tokens following MakerDAO's rebranding to Sky and the introduction of USDS.

Bitcoin has recently faced a bit of turbulence, dropping from its previous high of $63,000. However, the analyst of Crypto Banter's The Sniper Trading show said that it's important to remember that the last low was around $49,000, and we are still maintaining higher lows, sitting comfortably at $59,000-$60,000.

A journalist at Foresight News confirmed they picked up MakerDAO's original handle on social media platform X during its rebrand to Sky.

The co-founder of decentralized finance (DeFi) platform Maker (MKR) says that the rebrand of its stablecoin will have a freeze function but that DAI will continue to operate normally.

MakerDAO Rebrands: In a strategic move to broaden its appeal and streamline operations, MakerDAO, a pioneer in decentralized finance (DeFi), is rebranding itself as “Sky.” This rebranding marks a significant evolution for the platform, co-founded by Rune Christensen, as it seeks to reinforce its position in the DeFi space while

MakerDAO has undergone a significant transformation, rebranding itself as Sky Protocol and enhancing its platform.

Based on its description, the USDS stablecoin will have a function that allows its issuer to freeze the token.

Maker Protocol rebrands as Sky, introducing new stablecoin USDS and governance token SKY to enhance accessibility and lead the next evolution of decentralized finance.

Just a day after MakerDAO rebranded to Sky, the community has been debating the implications of the new freeze function. MakerDAO co-founder Rune Christensen steps in to provide clarity.

In a move to bolster the usage and adoption of its decentralized finance (DeFi) lending platform, MakerDAO is undergoing a significant rebranding. The lending protocol, founded by Rune Christensen in 2014, will now be known as ‘Sky', a shift aimed at appealing to a wider user base.

On August 27, MakerDAO, a leading name in decentralized finance (DeFi), announced its rebranding as “Sky” as part of its broader strategy to enhance the protocol's scalability and accessibility.

MakerDAO's rebrand to Sky is the first phase of the ‘Endgame Plan', aimed at completely overhauling its governance.

The decentralized finance platform MakerDAO has been rebranded into Sky protocol, improving its functionalities. According to an official announcement, its tokens also got new names: DAI stablecoin, now USDS, while the MKR token changed to SKY.

According to an announcement made on August 27 by MakerDAO Co-Founder Rune Christensen, Sky is the next phase in the evolution of MakerDAO, and is scheduled for launch on September 18.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

TL;DR MakerDAO is transforming into Sky and will launch new tokens, USDS and SKY, on September 18, 2024, as part of the “Endgame Plan.” USDS will replace DAI and SKY will replace MKR, with a conversion rate of 24,000 SKY per MKR, and will offer new functionalities.

MakerDAO has rebranded into SKY and introduced two upgraded tokens, including a decentralized stablecoin.

After the launch of the new SKY tokens on September 18, MakerDAO will introduce a Smart Burn Engine designed to focus its liquidity on the SKY/USDS market.

The project's existing cryptocurrencies will remain in circulation, though users will have the option to convert their tokens.

MakerDAO has rebranded to Sky Protocol, renaming tokens on one of cryptocurrency's largest decentralized finance platforms. The crypto lender revealed the rebranding of Maker (MKR) in an announcement on Aug.