How Did Maker’s Price Fare Yesterday?
Maker’s current price, at the time of this writing, is $343.65 USD, up by approximately 2.27% from the day prior. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 8.92% above its 20 day moving average, and is currently in an up trend over the past 14 days. From another vantage point, note that price has gone up 9 of the past 14 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 68.62% less than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $282.1919 and $348.8481 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.
The currency’s market cap currently stands at $349 million US dollars.
Straight Off the Chain
Over the past 24 hours, 387 transfers have been added to the blockchain recording transactions amongst holders of Maker. Regarding a tally of holders, Yesterday saw Maker’s wallet count jump by 16. In terms of recurring usage, we can note that 2,080 wallets have sent or received coins in the past month, while 121 have in the past day.
Observing Maker’s Richest Wallets
As for wealth distribution, the richest 1,000 wallets currently own 97.78% of the 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 0.09% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.01% 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.
The Latest on Maker and Social Media
In terms of social media presence, Maker saw its Twitter followers and Reddit subscribers go up by 21 and 27 over the past 24 hours. If you are interested in following Maker on social media, Twitter, where it has 42,051 following it, may be a good place to start. Here is the Twitter page for Maker.
Article by SixJupiter
