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Maker bull market cycles - historical perspective of MKR bull runs
In this overview, we will show the previous bull runs of the Maker cryptocurrency, including statistical analysis of MKR returns during previous bull runs.
|Symbol||Price (USD)||Price change (1d)||Price change (1 week)||Sentiment||Sentiment change (1d)||Sentiment change (1 week)||Tweets volume change||Trading volume change||Volatility||MarketCap|
A bull market is a period of general rising prices in the crypto, stock or any other financial market.
A bull market is typically preceded by a bear market and followed by a bear market.
We define a bull market as appreciation of price by more than 30% and bear market a period when the prices fall by more than 30%.
Maker has experienced 17 bull markets in the past, see chart below:
What is Maker biggest bull run ?
Maker biggest bull run started on Sep 24th, 2020 and ended on May 4th, 2021, lasting for 222 days..
During this time, the price of Maker increased from 435.5076 USD to 6066.8348 USD, resulting in a return of 1293.0 %.
Average compounded daily increase of price during this period was 1.19% / day.
What is Maker 2nd biggest bull run ?
Maker 2nd biggest bull run started on Mar 13th, 2020 and ended on Jun 10th, 2020, lasting for 89 days.
During this time, the price of Maker increased from 203.3193 USD to 696.5594 USD, resulting in a return of 242.6 %.
Average compounded daily increase of price during this period was 1.39% / day.
What is Maker 3rd biggest bull run ?
Maker 3rd biggest bull run started on Sep 13th, 2018 and ended on Oct 9th, 2018.
During this time, the price of Maker increased from 310.5057 USD to 769.0304 USD, resulting in a return of 147.7 %.
Average compounded daily increase of price during this period was 3.55% / day.
Returns of previous Maker bull runs
In the following table you can see the previous MKR bull runs, in which period they occurred and what were the returns achieved during each bull run:
|Start Date||End Date||Start Price||End Price||Return (%)|
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Bull and bear markets of Maker
See Maker past bull and bear markets in the chart below:
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