DAO Maker Price: Is DAO Maker Making A Comeback in the Crypto Market?

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DAO Maker Price: Is DAO Maker Making A Comeback in the Crypto Market? – Crypto News

Published

1 year ago

March 22, 2024

Dripp

After almost two years, the DAO Maker has shown a little spike, surging around 150% within a month. As the market situation is improving from this bearish trend a few days ago, many cryptocurrencies have succeeded in making a comeback, including DAO Maker.

Bitcoin price has recovered from the fall to the $61K mark, whereas Ethereum bailed on falling below $3200. The crypto market is still trying to make a complete recovery.

Before that, Let’s discuss what’s happening with DAO Maker. Is it making a comeback?

DAO Maker Price Analysis

DAO Maker price has surged more than 50% earlier, bringing the top hike of the day to $2.8484. It is currently trading at $2.41 with a market cap of $357,706,249 after a 34% hike. The trading volume of DAO Maker has surged to $70,399,28, with an insane surge of 505% in just a day.

Despite the price jump, the token is still 71% away from its all-time high of $8.75, achieved three years ago. There is a long way for DAO Maker to reach anywhere near the ATH, but if the market situation continues to push the token ahead, there is a chance of that happening. The current DAO Maker price is at the best it has been in the two years. The last time it surged to this high was in May 2022, when the trading volume was around $7.15 Million.

Top Reason Why DAO Maker Price Surged

DAO Maker is known to provide technology and solutions to crypto projects to gain funding and support from venture capitalists and the community. DAO Maker price has recently surged and continuing the spike because of the upcoming fair launch of the meme token PUNDU.

Also Read: Altcoins to Buy Today Under $1 with 100% Potentials

DAO Maker is launching PUNDU, with the sales going live on the 23rd of March. The hard cap of the token on Solana is 33,333 SOL, whereas, for DAO Maker, it is set at $3.1 Million. Out of the total supply, 40% of tokens are for distribution among liquidity providers, 40% will be utilized in presale, 5% for airdrops, and the last 5% for centralized exchange holding.

Over 50,000 SOL has been raised for $Pundu so far!

Eligible users can check their allocation snapshot here:https://t.co/4465AyKQzo pic.twitter.com/W9LmoLiS5v

— DAO Maker (@Connectiochat) March 22, 2024

Conclusion

DAO Maker price is continuously surging, and the possibility of a better hike is upon us. With the current 150% spike, many have looked to buy the crypto token, leading to a price surge. If the market’s bullish nature recovers to what it was a week or two ago, there are chances for DAO Maker to go above and beyond the all-time high value.

The market is trying to recover from the recent bearish attack, which caused all the major cryptocurrencies and meme coins to lose their price surge over the months. Let’s see how the market will continue and how all these cryptocurrencies will perform.