How Did Maker’s Price Fare Yesterday?
Maker’s current price, at the time of this writing, is $507.23 USD, down by approximately 0.54% from the day prior. Maker is currently in a down, and it should be noted that this is now the the 2nd straight day that price has been down. Moreover, Maker is now 3.91% below its 20 day moving average. 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 $469.0211 and $586.6759, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
Where to trade Maker (symbol: MKR): Gate, Yobit, DDEX, Ethfinex
The market capitalization of Maker, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $507 million.
Straight Off the Chain
Over the past 24 hours, 1,063 transfers have been added to the blockchain recording transactions 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 18. If we observe percentage growth in holders and transfers, we find that Maker ranks 11 out of the 35 Ethereum tokens we are tracking.
Observing Maker’s Richest Wallets
The top 1,000 Maker wallets hold over 98.48% 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 1.15% 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 -0.02%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.14%. As for the Maker’s smart contract itself, that owns 0.08% of the total money supply, an amount unchanged from the week prior.
How Active are the Software Developers?
Maker hasn’t had any activity on any of its GitHub repos since August 16, 2019 — 3 days prior. 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 0.57 per day, while the number of followers watching Maker’s repositories is growing by 1.23.
What’s Going on Social Media?
In terms of social media presence, Maker saw its Twitter followers and Reddit subscribers go up by 54 and 15 over the past 24 hours. Traders interested in following Maker has the biggest presence on Twitter, where it has 29,648 users engaged. Here is the Twitter page for Maker.
Where to Buy
You can trade Maker, listed under the symbol MKR, through the following exchanges: Gate, Yobit, DDEX, Ethfinex.
Article by SixJupiter
