Maker: What’s the Latest Regarding its Price?
Maker’s current price, at the time of this writing, is $285.51 USD, down by approximately 0.73% from the day prior. Maker is currently in a unclear , and it should be noted that this is now the the 4th consecutive day that price has been down. Moreover, Maker is now 6.34% below its 20 day moving average. From another vantage point, note that price has gone up 4 of the past 14 days. And in terms of volume, yesterday’s price move ocurred on volume that was 27.54% less than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $275.1865 and $334.4685 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.
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 $291 million.
Daily Engagement Metrics Update
633 transactions amongst holders of Maker occurred yesterday. Regarding a tally of holders, Yesterday saw Maker’s wallet count rise by 42. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at 0.06, with 150 wallets making a transfer this past day and 2,562 wallets having made a transfer in the past month.
Just How Rich are Maker’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 97.78% of the 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 1.83% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.07% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.03%. Maker’s smart contract owns approximately 0.08% of its own total money supply. This amount hasn’t changed over the past week.
What’s Going on Social Media?
Traders interested in following Maker has the biggest presence on Twitter, where it has 41,425 users engaged. Here is the Twitter page for Maker.
Article by SixJupiter
