Maker: What’s the Latest Regarding its Price?
At the time of this writing, Maker has a price of $418.99 USD, which puts it down by approximately 3.09% from yesterday. This marked the the 2nd straight day Maker has been down; it is still in a downtrend, and is currently 13.76% 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 $386.9025 and $584.7365, 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.
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The currency’s market cap currently stands at $438 million US dollars.
Straight Off the Chain
Over the past 24 hours, 641 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 rise by 14. If we observe percentage growth in holders and transfers, we find that Maker ranks 9 out of the 32 Ethereum tokens we are tracking.
Observing Maker’s Richest Wallets
The top 1,000 Maker wallets hold over 98.44% of the token’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 1.2% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.01% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.06%. 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 Much Development is Occurring?
Maker hasn’t had any activity on any of its GitHub repos since September 29, 2019 — 1 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Maker are growing by -0.33 and 0.43, respectively, over the past 30 days.
Maker’s Social Media Presence
In terms of social media presence, Maker saw its Twitter followers and Reddit subscribers go up by 18 and 7 over the past 24 hours. If you are interested in following Maker on social media, Twitter, where it has 31,176 following it, may be a good place to start. You can follow Maker on Twitter here.
Where to Buy
You can trade Maker, listed under the symbol MKR, through the following exchanges: Gate, Yobit, DDEX, Ethfinex.
Article by SixJupiter
