Cryptocurrencies
Surge in User Activity Sparks Bullish Divergence for Maker
Crypto market data analysis firm Santiment has released information indicating a bullish trend for MKR, the token associated with the decentralized finance (DeFi) project MakerDAO.
On May 20, Santiment highlighted a bullish divergence between the daily active MKR addresses and the token’s price movement.
An increase in user activity is contributing to this positive outlook for Maker.