Maker: What’s the Latest Regarding its Price?
At the time of this writing, Maker has a price of $301.85 USD, which puts it up by approximately 0.12% from yesterday. The up day for Maker yesterday was a reversal from the day before it, which puts its price at 1.25% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. To help contextualize yesterday’s price move, we can observe that price has rallied 3 of the past 5 days. And in terms of volume, yesterday’s price move ocurred on volume that was 49.23% 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 $278.4047 and $332.9113, 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.
The currency’s market cap currently stands at $299 million US dollars.
Straight Off the Chain
Yesterday saw 951 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 down by approximately 0. In terms of recurring usage, we can note that 2,234 wallets have sent or received coins in the past month, while 153 have in the past day.
Just How Rich are Maker’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 97.76% of the money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.7% 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 -0.03% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.13%. The underlying smart contract itself for Maker owns 0.08% of the total money supply; over the past week, this amount has not changed.
The Latest on Maker and Social Media
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
