How Did Maker’s Price Fare Yesterday?
At the time of this writing, Maker has a price of $580.6 USD, which puts it down by approximately 4.2% from yesterday. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 1.36% 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 $542.1367 and $603.5383, 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 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 $591 million.
Straight Off the Chain
Yesterday saw 1,354 transfers amongst holders of Maker. In terms of estimating the number of holders, over the past day the total number of wallets holding Maker has gone up by approximately 28. If we observe percentage growth in holders and transfers, we find that Maker ranks 9 out of the 36 Ethereum tokens we are tracking.
Observing Maker’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 98.5%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.33% 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%. 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 Active are the Software Developers?
Maker hasn’t had any activity on any of its GitHub repos since August 03, 2019 — 1 days prior. Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by 2.1 per day on average, while the number of watchers has grown by 2.57.
Maker’s Social Media Presence
Traders interested in following Maker has the biggest presence on Twitter, where it has 29,016 users engaged. Here is the Twitter page for Maker.
Where to Buy
You can trade Maker, listed under the symbol MKR, through the following exchanges: Gate, Yobit, DDEX, Ethfinex.
Article by SixJupiter
