Maker’s Recent Price Surge And Subsequent Decline: What’s Behind The Movement?

The price of Maker (MKR), the governance token of the MakerDAO and Maker Protocol, has experienced significant volatility in recent days, reaching a yearly high of $3.3k before retracing to $2.7k within the past 24 hours. According to on-chain reports from Spotonchain, MakerDAO may have capitalized on the recent MKR…