Maker is making waves as it enters Coingecko’s top gainers list this week with massive bullish pressure on the market. MKR is up nearly 34% in the bi-weekly timeframe, but long-term investors are enjoying bigger rewards as the token is up 205% year-to-date, and currently trading a little above $1,800.
The market started the year on a bullish note, with some altcoins leading the charge. The latest market data shows that the broader market is up nearly 6% in the past 24 hours.
The Spark
Spark, a DeFi infrastructure protocol on the MakerDAO, is breaking boundaries this year. According to their latest tweet, 2024 continues the bullishness it experienced last year.
In total, over $2.87 billion is supplied by the community as lenders. Total borrowing within the protocol now surpassed $1 billion, with available liquidity sitting safely at $1.81 billion.
Happy New Year!
New year, same graphs going
2024 looking promising pic.twitter.com/htlyiu7058
— Spark (@sparkdotfi) January 2, 2024
It
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