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Decoding MKR’s price action after MakerDAO burn activity hit highs

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Decoding MKR’s price action after MakerDAO burn activity hit highs

The MakerDAO burn strategy was in one of its most active states.  MKR’s momentum could eventually become bearish. Decentralized Finance protocol and builders of DAI, MakerDAO [MKR] have been involved in burning its tokens as part of its tokenomics strategy. This fascinating activity has been happening since 2018…
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