Maker: What’s the Latest Regarding its Price?
Maker’s current price, at the time of this writing, is $335.07 USD, down by approximately 1.11% from the day prior. Maker is currently in an up, but it should be noted that this is now the the 2nd day in a row that price has been down. Moreover, Maker is now 6.48% above 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. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 47.51% less than its 7 day average volume.
Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Maker imply the currency may oscillate between $277.0675 and $352.2655, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
The currency’s market cap currently stands at $332 million US dollars.
Update on Transactions and Holders
Yesterday saw 433 transfers amongst holders of Maker. Regarding a tally of holders, Yesterday saw Maker’s wallet count jump by 17. In terms of recurring usage, we can note that 2,076 wallets have sent or received coins in the past month, while 86 have in the past day.
Observing Maker’s Richest Wallets
And in regards to wealth distribution, note that the top 1,000 Maker wallets hold over 97.78% of the token’s total money supply. 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 1.86% of the currency’s total money supply. Exchange ownership grew by 0.16% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% 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.
The Latest on Maker and Social Media
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 36 and 28 over the past day for Maker. If you are interested in following Maker on social media, Twitter, where it has 42,030 following it, may be a good place to start. You can follow Maker on Twitter here.
Article by SixJupiter
