Maker: What’s the Latest Regarding its Price?
Maker’s current price, at the time of this writing, is $298.18 USD, down by approximately 0.72% from the day prior. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 1.25% below its 20 day moving average, and is currently in a down trend over the past 14 days. Another data point we may find worthy of observation is that price for Maker has increased 5 of the previous 14 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 61.84% 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 $273.1178 and $330.7822, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
As for Maker’s market cap, it is currently at about $297M US dollars.
Daily Engagement Metrics Update
Yesterday saw 521 transfers 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 17. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at 0.08, with 170 wallets making a transfer this past day and 2,204 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 97.77% of the coin’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 1.65% 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 -0.03%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.18%. Maker’s smart contract owns approximately 0.08% of its own total money supply. This amount hasn’t changed over the past week.
Maker’s Social Media Presence
In the past day, Maker’s Twitter followers and Reddit subscribers went up by 55 and 20, 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
