The price of each crypto is like an ocean wave. It rises and drops each day. As the ocean’s wave depends on how strong the wind is, the crypto price depends on the market condition. Let’s take a look at one such particular crypto called the Maker (MKR), whose primary purpose is to act as a governance token for the MakerDAO platform. In this article, we will include what Maker (MKR) is, its key use cases, and the price prediction of Maker in 2025.
What Is Maker (MKR)?
Maker (MKR) acts as a Governance token for the MakerDAO and Maker Protocol, a Decentralized Autonomous Organization (DAO) on the Ethereum blockchain that allows users to issue and manage DAI stable coins (A cryptocurrency that algorithmically maintains a stable 1:1 parity against the dollar). To make it easier, MakerDAO acts as a crypto bank where you can deposit various Ethereum-based crypto assets to receive DAI in equal dollar value. The MKR holders have the right to vote on the decision-making in the development and management of the Maker Protocol.
Key Use Cases Of Maker (MKR)
As discussed earlier, MKR functions as the governance token of the Maker Protocol, which controls the issuance and management of the DAI stablecoins. Let’s take a look at some of its use cases:
- Participation in Governance: A person who holds Maker (MKR) has the right to participate in the voting process for modifying the MakerDAO protocols, which includes adding new collateral types, changing the stability fees, or adjusting liquidation ratios.
- DAI stable coin price regulation and issuing: MKR holders are responsible for keeping DAI’s value stable to the US dollar and issuing new coins.
- Loans: Maker allows users to avail credit in DAI on their crypto deposits.
- Gaming: Platforms like Cloudbet, Battle Racers, and Axie Infinity allow you to buy in-game assets using DAI coins, which can be availed by a Maker (MKR) Holder.
Maker (MKR) Pricing And Details
Current price: $1,439.27
Market Cap: $1.210 Billion
24-hour trading volume: $254.93 million
Total supply: 873.45K MKR
Maximum supply: 1 million MKR
Circulating supply: 846.74K MKR
Maker (MKR) Price Prediction For 2025
Maker (MKR) is currently priced at $1,439. In 2025, Maker (MKR) is expected to trade at an average price of $1,509, with the lowest price being $1,170.59, and the highest price it could reach this year is forecast to be $2,390. The market sentiment for Maker is currently Neutral, while the Fear & Greed index shows 55 (Greed).
| Month | Min. Price | Avg. Price | Max. Price | Potential ROI |
|---|---|---|---|---|
| Feb 2025 | $ 1,181.17 | $ 1,267.76 | $ 1,427.37 | 0.30% |
| Mar 2025 | $ 1,170.59 | $ 1,353.58 | $ 1,715.52 | 19.82% |
| Apr 2025 | $ 1,787.08 | $ 2,097.27 | $ 2,390.89 | 66.99% |
| May 2025 | $ 1,378.07 | $ 1,630.66 | $ 1,826.83 | 27.60% |
| Jun 2025 | $ 1,203.78 | $ 1,366.81 | $ 1,509.42 | 5.43% |
| Jul 2025 | $ 1,329.37 | $ 1,575.92 | $ 1,799.71 | 25.70% |
| Aug 2025 | $ 1,389.84 | $ 1,644.20 | $ 1,845.32 | 28.89% |
| Sep 2025 | $ 1,297.85 | $ 1,362.81 | $ 1,410.09 | 1.51% |
| Oct 2025 | $ 1,321.84 | $ 1,468.86 | $ 1,603.80 | 12.02% |
| Nov 2025 | $ 1,298.57 | $ 1,445.37 | $ 1,631.57 | 13.96% |
| Dec 2025 | $ 1,333.19 | $ 1,390.41 | $ 1,440.88 | 0.64% |
How and Where You Can Buy MKR?
You can buy MKR from both Central Exchanges (CEX) and Decentralized Exchanges (DEX). Some of the popular exchanges where you can purchase MKR are:
- Binance
- Bitget
- Coinbase
- Gemini
Let’s look at the steps you should follow to buy Maker (MKR):
- Create an exchange account: First, choose the exchange platform from where you want to buy MKR, and then sign up for a new account by providing the required details, such as your name, email, area of residence, etc.
- Verify the account you created: After completing the signup process, do the Know Your Customer (KYC) verification.
- Add a payment method: The third step is to add a payment method using your Debit card or Credit card and transfer funds to your exchange wallet.
- Buy MKR: After transferring enough funds to your wallet, proceed to buy MKR by entering the number of coins you want to purchase and confirming the transaction after reviewing the details.
Conclusion
After reading this article, the only question you will have in your mind is whether to buy MKR or not. Although the market seems Bearish now, in the future, there is a chance for Maker’s (MKR) price to surge as market conditions improve. As per our predictions, the lowest price of MKR for this year is assumed to be $1,170, and the highest price is expected to be $2,390
At the end of the day, whether to invest or not completely depends on your circumstances and risk tolerance. Always keep in mind that crypto trading is completely dependent on Market conditions; invest accordingly.
