Maker Price Update
Maker’s current price, at the time of this writing, is $472.39 USD, up by approximately 0.07% from the day prior. The up day for Maker yesterday was a reversal from the day before it, which puts its price at 4.09% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. Maker’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $457.6667 and $527.4103. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of 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 $464 million.
Update on Transactions and Holders
No transactions amongst holders of Maker occurred yesterday. Regarding a tally of holders, Yesterday saw Maker’s wallet count decline by 0. To provide context, we’d rank this token as 17 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Maker’s Richest Wallets
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 1.13% 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 -0.05%. The underlying smart contract itself for Maker owns 0.08% of the total money supply; over the past week, this amount has not changed.
How Active are the Software Developers?
Maker has been active recently on its GitHub repos, with its most recent code updates occurring today, August 30, 2019. Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by 0.3 per day on average, while the number of watchers has grown by -0.27.
What’s Going on Social Media?
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 62 and 27 over the past day for Maker. 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
