How Did Maker’s Price Fare Yesterday?
At the time of this writing, Maker has a price of $448.43 USD, which puts it down by approximately 1.55% from yesterday. Maker is currently in a down, and it should be noted that this is now the the 2nd straight day that price has been down. Moreover, Maker is now 8.03% below its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $399.5774 and $575.5466 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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The currency’s market cap currently stands at $448 million US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, 725 transfers have been added to the blockchain recording transactions amongst holders of Maker. In terms of estimating the number of holders, over the past day the total number of wallets holding Maker has gone up by approximately 9. To provide context, we’d rank this token as 14 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Maker’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 98.44%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.21% 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 -0.02% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.03%. Maker’s smart contract owns approximately 0.08% of its own total money supply. This amount hasn’t changed over the past week.
How Much Development is Occurring?
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 October 01, 2019, or approximately 1 days before. 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 -0.53 per day, while the number of followers watching Maker’s repositories is growing by 0.33.
The Latest on Maker and Social Media
In the past day, Maker’s Twitter followers and Reddit subscribers went up by 46 and 7, respectively. If you are interested in following Maker on social media, Twitter, where it has 31,222 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
