Maker: What’s the Latest Regarding its Price?
At the time of this writing, Maker has a price of $492.41 USD, which puts it down by approximately 2.08% from yesterday. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 3.23% below its 20 day moving average, and is currently in a unclear 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 $477.2504 and $540.4416, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
Where to trade Maker (symbol: MKR): Gate, Yobit, DDEX, Ethfinex
The market capitalization of Maker, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $504 million.
Daily Engagement Metrics Update
580 transactions amongst holders of Maker occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Maker increase by 6. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Maker ranked 12 out of the 31 Ethereum tokens we’re tracking.
Observing Maker’s Richest Wallets
The top 1,000 Maker wallets hold over 98.48% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.18% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.01%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.03%. The underlying smart contract itself for Maker owns 0.08% of the total money supply; over the past week, this amount has not changed.
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 23, 2019, or approximately 1 days before. Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by 0.2 per day on average, while the number of watchers has grown by 1.27.
The Latest on Maker and Social Media
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 47 and 25 over the past day for Maker. If you are interested in following Maker on social media, Twitter, where it has 29,807 following it, may be a good place to start. Use this link to follow Maker on Twitter.
Where to Buy
You can trade Maker, listed under the symbol MKR, through the following exchanges: Gate, Yobit, DDEX, Ethfinex.
Article by SixJupiter
