Maker: What’s the Latest Regarding its Price?
Maker’s current price, at the time of this writing, is $316.65 USD, up by approximately 1.54% from the day prior. This marked the the 2nd consecutive day Maker has been up; it is still in a unclear trend, and is currently 3.18% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. From another vantage point, note that price has gone up 3 of the past 5 days. Another data point we may find worthy of observation is that price for Maker has increased 3 of the previous 5 days.
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 $280.348 and $333.414, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.
As for Maker’s market cap, it is currently at about $322M US dollars.
Update on Transactions and Holders
Yesterday saw 688 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 6. In terms of recurring usage, we can note that 2,213 wallets have sent or received coins in the past month, while 137 have in the past day.
Just How Rich are Maker’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 97.78% of the money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.78% of the currency’s money supply. Exchange ownership grew by -0.03% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.04% over that time period. 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?
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Maker.
Article by SixJupiter
