Maker Price Update
Maker is up by approximately 3.59% from the previous day, with its price currently hovering around $601.44 USD. The up day for Maker yesterday was a reversal from the day before it, which puts its price at 3.81% above 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 $549.1667 and $609.5263 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make shorting 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 $584 million.
Daily Engagement Metrics Update
Over the past 24 hours, 1,418 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 0. To provide context, we’d rank this token as 8 out of the 36 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
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. Exchange ownership grew by 0.02% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.02% over that time period. 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 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 04, 2019, or approximately 1 days before. Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by 2.3 per day on average, while the number of watchers has grown by 2.57.
The Latest on Maker and Social Media
In terms of social media presence, Maker saw its Twitter followers and Reddit subscribers go up by 106 and 30 over the past 24 hours. If you are interested in following Maker on social media, Twitter, where it has 29,122 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
