Maker: What’s the Latest Regarding its Price?
At the time of this writing, Maker has a price of $327.14 USD, which puts it up by approximately 1.43% from yesterday. The up day for Maker yesterday was a reversal from the day before it, which puts its price at 8.97% above 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 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 $272.1913 and $328.2397. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
The currency’s market cap currently stands at $333 million US dollars.
Straight Off the Chain
380 transactions amongst holders of Maker occurred yesterday. Regarding a tally of holders, Yesterday saw Maker’s wallet count rise by 28. To understand loyalty or repeat usage amongst holders of Maker, we can note that there were 140 wallets making a transaction yesterday, while 2,954 wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about 0.05.
How are the Strong Holders of Maker Faring?
In terms of wealth concentration, the richest 1,000 wallets own 97.79% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.83% 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 -0.06%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.1%. 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
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 92 and 39 over the past day for Maker. If you are interested in following Maker on social media, Twitter, where it has 41,325 following it, may be a good place to start. Here is the Twitter page for Maker.
Article by SixJupiter
