How Did Maker’s Price Fare Yesterday?
At the time of this writing, Maker has a price of $537.81 USD, which puts it down by approximately 3.35% from yesterday. This marked the the 2nd day in a row Maker has been down; it is still in a unclear trend, and is currently 7.45% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Maker imply the currency may oscillate between $538.6919 and $623.5631, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
Where to trade Maker (symbol: MKR): Gate, Yobit, DDEX, Ethfinex
The currency’s market cap currently stands at $547 million US dollars.
Straight Off the Chain
Over the past 24 hours, no transfers have been added to the blockchain recording transactions amongst holders of Maker. Regarding a tally of holders, Yesterday saw Maker’s wallet count fall by 0. To provide context, we’d rank this token as 14 out of the 36 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Maker’s Richest Holders?
The top 1,000 Maker wallets hold over 98.5% of the token’s total money supply. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 1.3% of the currency’s money supply. Exchange ownership grew by 0.01% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.01% over that time period. As for the Maker’s smart contract itself, that owns 0.08% of the total money supply, an amount unchanged from the week prior.
How Active are the Software Developers?
In terms of how active the software development team working on Maker is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on August 08, 2019 (today). To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 1.97 per day, while the number of followers watching Maker’s repositories is growing by 2.7.
The Latest on Maker and Social Media
In terms of social media presence, Maker saw its Twitter followers and Reddit subscribers go up by 65 and 13 over the past 24 hours. If you are interested in following Maker on social media, Twitter, where it has 29,198 following it, may be a good place to start. Here is the Twitter page for Maker.
Where to Buy
You can trade Maker, listed under the symbol MKR, through the following exchanges: Gate, Yobit, DDEX, Ethfinex.
Article by SixJupiter
