December 16, 2019: Maker (MKR): Down 4.87%; 3rd Consecutive Down Day

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May 11, 2020: Maker (mkr): Down 3.19%; 2nd Consecutive Down Day
May 11, 2020: Maker (mkr): Down 3.19%; 2nd Consecutive Down Day

Maker: What’s the Latest Regarding its Price?

At the time of this writing, Maker has a price of $479.45 USD, which puts it down by approximately 4.87% from yesterday. Maker enters the day 7.3% below its 20 day moving average, and is experiencing its the 3rd consecutive day down. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $467.0396 and $567.3464 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.

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December 16, 2019: Maker (mkr): Down 4.87%; 3rd Consecutive Down Day

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 $492 million.

Update on Transactions and Holders

Over the past 24 hours, 510 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 29. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Maker ranked 1.5 out of the 32 Ethereum tokens we’re tracking.

Observing Maker’s Richest Wallets

The top 1,000 Maker wallets hold over 98.3% of the token’s total money supply. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 1.1% 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 -0.01%. 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?

The last activity date on Maker’s GitHub repository was December 15, 2019, or about 1 days ago. 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 -0.03 per day, while the number of followers watching Maker’s repositories is growing by 1.3.

The Latest on Maker and Social Media

In terms of social media presence, Maker saw its Twitter followers and Reddit subscribers go up by 178 and 9 over the past 24 hours. Traders interested in following Maker has the biggest presence on Twitter, where it has 34,616 users engaged. Here is the Twitter page for Maker.

Where to Buy

You can trade Maker, listed under the symbol MKR, through the following exchanges: Gate, Yobit, DDEX, Ethfinex. December 16, 2019: Maker (mkr): Down 4.87%; 3rd Consecutive Down Day

Article by SixJupiter