Maker: What’s the Latest Regarding its Price?
At the time of this writing, Maker has a price of $436.13 USD, which puts it down by approximately 2.39% from yesterday. Maker is currently in a down, and it should be noted that this is now the the 4th consecutive day that price has been down. Moreover, Maker is now 20.09% below its 20 day moving average. 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 $427.0586 and $664.4844. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
Where to trade Maker (symbol: MKR): Gate, Yobit, DDEX, Ethfinex
As for Maker’s market cap, it is currently at about $449M US dollars.
Straight Off the Chain
1,744 transactions amongst holders of Maker occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Maker rise by 10. If we observe percentage growth in holders and transfers, we find that Maker ranks 9 out of the 35 Ethereum tokens we are tracking.
How are the Strong Holders of Maker Faring?
In terms of wealth concentration, the richest 1,000 wallets own 98.48% of the coin’s total 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 1.21% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.02% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown 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.
Technical Development Status
In terms of how active the software development team working on Maker is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on August 15, 2019 (today). To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.9 per day, while the number of followers watching Maker’s repositories is growing by 2.87.
What’s Going on Social Media?
Social media growth, in terms of Reddit subscribers, came in at up 7 over the past day for Maker. Traders interested in following Maker has the biggest presence on Twitter, where it has 29,421 users engaged. You can follow Maker on Twitter here.
Where to Buy
You can trade Maker, listed under the symbol MKR, through the following exchanges: Gate, Yobit, DDEX, Ethfinex.
Article by SixJupiter
