How Did Maker’s Price Fare Yesterday?
Maker’s current price, at the time of this writing, is $502.85 USD, up by approximately 3.38% from the day prior. The up day for Maker yesterday was a reversal from the day before it, which puts its price at 1.76% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $467.5277 and $556.2403 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 $500 million.
Straight Off the Chain
606 transactions amongst holders of Maker occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Maker has gone up by approximately 15. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Maker ranked 11 out of the 32 Ethereum tokens we’re tracking.
Just How Rich are Maker’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 98.47% of the coin’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 1.17% 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 -0.01%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.01%. 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 Much Development is Occurring?
Maker has been active recently on its GitHub repos, with its most recent code updates occurring today, August 23, 2019. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Maker are growing by 0.37 and 1.33, respectively, over the past 30 days.
The Latest on Maker and Social Media
In the past day, Maker’s Twitter followers and Reddit subscribers went up by 29 and 5, respectively. If you are interested in following Maker on social media, Twitter, where it has 29,760 following it, may be a good place to start. Use this link to follow Maker on Twitter.
Where to Buy
You can trade Maker, listed under the symbol MKR, through the following exchanges: Gate, Yobit, DDEX, Ethfinex.
Article by SixJupiter
