BitEagle Crypto Recommendation - MKR

[Introduction]

MKR is the leader of Ethereum lending protocols.

Users lock stETH to mint its local stablecoin DAI as collateral.

In June 2023, MakerDAO integrated U.S. Treasury bonds into its portfolio and became one of the leading projects in the RWA sector.

[Recommendation reason]

1. The track is high-quality and belongs to the leading project

MKR is one of the leaders in the RWA sector. In recent months, BlackRock and JPMorgan Chase have invested in the RWA track. The RWA sector is likely to explode in the future, so it is necessary to ambush the RWA project.

2. The project party has a big move this year

MKR's roadmap this year includes brand reshaping, launching a public chain, and token splitting.

3. The protocol has high revenue, the token circulation is close to 100%, and there is no selling pressure

[Token situation]

Market value: 2.6 billion US dollars

Exchange: Binance

[What price to start? 】

Current price: 2821-2669, buy in batches

Position: 10% long-term holding

[BitEagle Tips]

You don’t need to buy every coin, choose according to your own funds and positions