Maker Price Update
Maker’s current price, at the time of this writing, is $325.41 USD, down by approximately 6.48% 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 2.65% 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 2 of the past 5 days. Another data point we may find worthy of observation is that price for Maker has increased 2 of the previous 5 days.
As for Maker’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $287.1545 and $346.8495. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
The currency’s market cap currently stands at $332 million US dollars.
Update on Transactions and Holders
Yesterday saw 765 transfers amongst holders of Maker. As for the number of holders, yesterday saw the number of wallets holding Maker rise by 23. In terms of recurring usage, we can note that 2,075 wallets have sent or received coins in the past month, while 140 have in the past day.
Just How Rich are Maker’s Richest Holders?
And in regards to wealth distribution, note that the top 1,000 Maker wallets hold over 97.81% of the token’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 1.89% 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 0.09%. The underlying smart contract itself for Maker owns 0.08% of the total money supply; over the past week, this amount has not changed.
Maker’s Social Media Presence
Traders interested in following Maker has the biggest presence on Twitter, where it has 42,051 users engaged. Use this link to follow Maker on Twitter.
Article by SixJupiter
