How Did Maker’s Price Fare Yesterday?
Maker is down by approximately 0.26% from the previous day, with its price currently hovering around $505.9 USD. Maker is currently in a unclear , and it should be noted that this is now the the 3rd day in a row that price has been down. Moreover, Maker is now 3.43% below its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $461.9094 and $585.8256 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
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 $520 million.
Straight Off the Chain
702 transactions amongst holders of Maker occurred yesterday. Regarding a tally of holders, Yesterday saw Maker’s wallet count increase by 17. To provide context, we’d rank this token as 12 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Maker Faring?
The top 1,000 Maker wallets hold over 98.48% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.16% of the currency’s money supply. Exchange ownership grew by -0.08% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.02% 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.
How Active are the Software Developers?
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 20, 2019 (today). Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by 0.6 per day on average, while the number of watchers has grown by 1.2.
The Latest on Maker and Social Media
In terms of social media presence, Maker saw its Reddit subscribers go up by 14 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
