Maker: What’s the Latest Regarding its Price?
Maker’s current price, at the time of this writing, is $486.54 USD, down by approximately 4.61% from the day prior. Maker enters the day 6.38% below its 20 day moving average, and is experiencing its the 2nd consecutive day down. 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 $462.0979 and $577.2881, 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
As for Maker’s market cap, it is currently at about $514M US dollars.
Update on Transactions and Holders
Yesterday saw 1,152 transfers amongst holders of Maker. As for the number of holders, yesterday saw the number of wallets holding Maker rise by 17. If we observe percentage growth in holders and transfers, we find that Maker ranks 12 out of the 33 Ethereum tokens we are tracking.
Just How Rich are Maker’s Richest Holders?
The top 1,000 Maker wallets hold over 98.48% of the token’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 1.16% 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 -0.01% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.07%. Maker’s smart contract owns approximately 0.08% of its own total money supply. This amount hasn’t changed over the past week.
How Much Development is Occurring?
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, or approximately 1 days before. 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 0.5 per day, while the number of followers watching Maker’s repositories is growing by 1.23.
Maker’s Social Media Presence
In the past day, Maker’s Reddit subscribers went up by 14, respectively. If you are interested in following Maker on social media, Twitter, where it has 29,648 following it, may be a good place to start. 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
