MKR Jumps 5% As Grayscale Adds MakerDAO To Its Crypto Fund Lineup
Summary
Grayscale has launched the Grayscale MakerDAO Trust, allowing investors to gain exposure to MKR, the utility and governance token of the MakerDAO ecosystem. The trust is open for daily subscription by accredited investors. The announcement led to a spike in MKR token price, which is currently trading at $2.10 with increased trading volume. MKR must consolidate above $2.06 to capitalize on the surge and potentially surpass resistance levels at $2.16, $2.31, $2.42, and $2.73 on its way to reclaiming the $3 mark.
