Maker: What’s the Latest Regarding its Price?
Maker’s current price, at the time of this writing, is $494.86 USD, down by approximately 0.91% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 3.41% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $436.2034 and $520.9086 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
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The currency’s market cap currently stands at $524 million US dollars.
Straight Off the Chain
Yesterday saw 822 transfers 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 10. To provide context, we’d rank this token as 8 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Maker’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 98.4% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.95% of the currency’s money supply. Exchange ownership grew by -0.1% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.01% over that time period. 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 October 20, 2019, or approximately 1 days before. 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 0.23.
What’s Going on Social Media?
Traders interested in following Maker has the biggest presence on Twitter, where it has 32,016 users engaged. 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
