#MKR MKR has currently broken through the downward channel of $1350 and successfully surpassed $1500 after this breakthrough, achieving a 11% increase in the past 24 hours.

The next step MKR faces a resistance at $2,000, which is a psychological barrier and a previous price reaction zone. If it maintains its trend, MKR may reach the expected target of over $2,400, consistent with the typical breakout pattern.
MakerDAO has voted to maintain its recent brand overhaul, despite strong opposition. The Decentralized Autonomous Organization behind the oldest and largest Ethereum-based Algorithmic Stablecoin DAI is wasting its industry-wide recognition. Although nearly 80% of the voting stake was used to retain the 'Sky' brand, according to Sky's polling indicators, only four entities out of a total of about 20 voting entities accounted for almost all of the voting stake. Each entity received about 20% of the votes, and only one large entity opposed the proposal.