MakerDAO's governance token MKR has experienced a sharp decline in recent weeks. It is currently trading at $1,206 level and recorded an 11% price drop last week.


This altcoin is trading at its lowest price level since September 2023. If the downward trend continues, the price of MKR could drop below $1,000 for the first time since 2023.
Maker Owners May Be at Risk.
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