Maker Price Update
Maker’s current price, at the time of this writing, is $435.94 USD, up by approximately 1.6% from the day prior. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 8.28% below its 20 day moving average, and is currently in a down trend over the past 14 days. Maker’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $438.9399 and $511.6111. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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As for Maker’s market cap, it is currently at about $431M US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, 1,077 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 15. If we observe percentage growth in holders and transfers, we find that Maker ranks 13 out of the 32 Ethereum tokens we are tracking.
Just How Rich are Maker’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 98.43%. 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 1.22% of the currency’s total money supply. Exchange ownership grew by 0.02% 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.
Technical Development Status
Maker hasn’t had any activity on any of its GitHub repos since October 06, 2019 — 1 days prior. Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by -0.1 per day on average, while the number of watchers has grown by 0.27.
What’s Going on Social Media?
In the past day, Maker’s Twitter followers and Reddit subscribers went up by 71 and 14, respectively. If you are interested in following Maker on social media, Twitter, where it has 31,452 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
