Maker Price Update
Maker is up by approximately 2.92% from the previous day, with its price currently hovering around $583.89 USD. Maker is currently in a down, but it should be noted that this is now the the 2nd consecutive day that price has been up. Moreover, Maker is now 4.45% below its 20 day moving average. Another data point we may find worthy of observation is that price for Maker has increased 2 of the previous 5 days. Another data point we may find worthy of observation is that price for Maker has increased 2 of the previous 5 days.
In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $543.2262 and $678.9068 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
The currency’s market cap currently stands at $570 million US dollars.
Straight Off the Chain
Over the past 24 hours, 980 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 7. In terms of recurring usage, we can note that 2,276 wallets have sent or received coins in the past month, while 148 have in the past day.
Just How Rich are Maker’s Richest Holders?
And in regards to wealth distribution, note that the top 1,000 Maker wallets hold over 98.23% of the token’s total money supply.
Maker’s Social Media Presence
In terms of social media presence, Maker saw its Twitter followers and Reddit subscribers go up by 39 and 18 over the past 24 hours. If you are interested in following Maker on social media, Twitter, where it has 38,905 following it, may be a good place to start. You can follow Maker on Twitter here.
Article by SixJupiter
