Maker DeFi Token Surged 30% As Users Choose DAI Over Terra

The Maker DEFI token surged 30% as the users flocked to DAI after the recent collapse of Terra as we reported earlier in the cryptocurrency news. While the crypto markets staged a rebound on Friday morning, the MakerDAO governance token MKR surged by 30% as investors bet on the DAI Stablecoin amid the Terra collapse.