Maker (MKR) Tallies Highest Gain Of 21% As Rest Of Top 100 Cryptos Choke

Decentralized Finance (DeFi) lending and borrowing platform Maker (MKR) has been performing exceptionally well in the past seven days, as its native token price witnessed a 22% surge, despite the downward trend observed in other major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). The positive price action of MKR has come amidst news of the failure of Silvergate Capital, which has caused a slump in the prices of Bitcoin and Ethereum.