Maker: What’s the Latest Regarding its Price?
Maker’s current price, at the time of this writing, is $300.29 USD, down by approximately 3.52% from the day prior. Maker is currently in an up, but it should be noted that this is now the the 2nd straight day that price has been down. Moreover, Maker is now 0.79% above its 20 day moving average. From another vantage point, note that price has gone up 8 of the past 14 days. And in terms of volume, yesterday’s price move ocurred on volume that was 56.8% less than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $214.5884 and $381.2996 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
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 $298 million.
Daily Engagement Metrics Update
NA transactions amongst holders of Maker occurred yesterday. Regarding a tally of holders, Yesterday saw Maker’s wallet count NA by NA. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at 0.07, with 184 wallets making a transfer this past day and 2,826 wallets having made a transfer in the past month.
Just How Rich are Maker’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 97.89% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.74% of the currency’s money supply. Exchange ownership grew by -0.09% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.9% 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.
Maker’s Social Media Presence
In the past day, Maker’s Twitter followers and Reddit subscribers went up by 50 and 26, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Use this link to follow Maker on Twitter.
Article by SixJupiter
