Maker Price Update
Maker is up by approximately 1.12% from the previous day, with its price currently hovering around $606.05 USD. This marked the the 2nd straight day Maker has been up; it is still in an uptrend, and is currently 5.64% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. 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 $541.3388 and $606.0862, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
Where to trade Maker (symbol: MKR): Gate, Yobit, DDEX, Ethfinex
The currency’s market cap currently stands at $600 million US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, 1,197 transfers have been added to the blockchain recording transactions amongst holders of Maker. Regarding a tally of holders, Yesterday saw Maker’s wallet count jump by 32. If we observe percentage growth in holders and transfers, we find that Maker ranks 6 out of the 37 Ethereum tokens we are tracking.
Just How Rich are Maker’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 98.51% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.29% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0%. 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
The last activity date on Maker’s GitHub repository was August 02, 2019, or about 1 days ago. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Maker are growing by 2.07 and 2.53, respectively, over the past 30 days.
Maker’s Social Media Presence
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 32 and 11 over the past day for Maker. Traders interested in following Maker has the biggest presence on Twitter, where it has 29,016 users engaged. 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
