Maker Price Update
Maker’s current price, at the time of this writing, is $489.61 USD, down by approximately 0.96% from the day prior. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 12.88% below its 20 day moving average, and is currently in a down trend over the past 14 days. 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 $480.5058 and $643.4642, 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 $514 million US dollars.
Unusual Developments
The following metrics showed unusual change over the past 24 hours for Maker: transfers added. Further investigation may be warranted.
Straight Off the Chain
Over the past 24 hours, 2,535 transfers have been added to the blockchain recording transactions amongst holders of Maker. As for the number of holders, yesterday saw the number of wallets holding Maker increase by 15. To provide context, we’d rank this token as 16.5 out of the 70 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Maker Faring?
The top 1,000 Maker wallets hold over 98.5% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.28% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.05%. 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?
The last activity date on Maker’s GitHub repository was August 11, 2019, or about 1 days ago. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Maker are growing by 1 and 2.67, respectively, over the past 30 days.
What’s Going on Social Media?
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
