A lot of people are getting bullish on $MKR since yesterday's 'BlackRock news'.
Remember the BlackRock RWA news in March was the catalyst that sent all the RWA tokens 2-3x higher.
I generally like $MKR on the long side but am not positioned right now.
$MKR vs altcoins is one of the most erratic charts out there. At least it's getting close to reach new highs unseen since 2021.