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Maker (MKR) is experiencing significant bullish momentum, currently priced at $2,850, following the launch of its LitePSM upgrade aimed at improving the Dai stablecoin peg. This upgrade has already contributed to a 5% increase in MKR's value, with analysts suggesting it could reach the $3,000 mark. Additionally, trading volume for MKR has surged by 39.20%. In related news, ChainLink has partnered with Colombia's largest bank to enhance the transparency of its COPW stablecoin, further signaling a trend towards increased trust and transparency in the crypto space. The CEO of BlockDAG, Antony Turner, emphasized the importance of transparency and trust in his recent statements, indicating a target price of $1 for his company's offerings.
The Executive Vote to initiate Phase 1 of the LITE-PSM-USDC-A migration plan has been approved by Maker Governance. → https://t.co/un2Ux3Cv8b In collaboration with @BlockAnalitica, this thread provides an overview of the LitePSM and their proposed migration plan. 🧵 https://t.co/8S0uReBpfW
🚀 Phase 1 is in motion! The Linea team has completed the open-sourcing of all repositories. This is a foundational step on our path toward full decentralization 🌟 🧵
Maker's LitePSM Launch Sets Stage for MKR to Hit $3k Maker just implemented the LitePSM upgrade to better manage Dai's peg. This move has already boosted MKR by 5%, bringing it to $2,850 with potential to reach $3,000. Key indicators like the golden cross and MACD buy signal… https://t.co/L8MwQk6J3u