Maple is a decentralized corporate credit market that offers undercollateralized loans for institutional borrowers and fixed-income opportunities for lenders. The protocol is governed by the Maple Token (MPL), which enables token holders to participate in governance, share in fee revenues, and stake insurance to lending pools.
Maple offers borrowers transparent and efficient financing completed on-chain. For lenders, Maple offers a sustainable yield source through lending to diversified pools of crypto’s premium institutions. The Pool Delegates that manage these pools perform diligence and set terms with Borrowers.
To learn more details about Maple, see its Documents page here.
To see our previous price predictions, click here.
Maple Technical Analysis
Maple got listed on Coinbase on January 25th, 2022. Additionally, right around this time the Token Metrics High Frequency Oscillator flashed a bullish signal.
Maple has been moving in a bullish trend since its Coinbase listing. For the past month, $25 has been acting as Maple’s price ceiling. Today, however, Maple looks like it wants to break this ceiling. At the time of writing, Maple is trading at $25.43.
Maple Price Prediction
Maple’s current market capitalization is $114,522,371.
If Maple were to reach the same market cap as Aave, one of the first decentralized lending protocols, then this would bring the MPL token to a staggering $381.
If Maple were to reach the same market cap as Compound (another big-name decentralized lending / protocol) then this would bring the MPL token to $156.
Maple aims to maintain a sustainable lending ecosystem that offers competitive yield. Our maple price prediction shows the asset can reach above $100 if it follows a similar price tragectory as other protocols.