How Did Maker’s Price Fare Yesterday?
At the time of this writing, Maker has a price of $491.17 USD, which puts it down by approximately 0.61% from yesterday. Maker is currently in a down, and it should be noted that this is now the the 2nd day in a row that price has been down. Moreover, Maker is now 5.23% below its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $469.1023 and $567.4007 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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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 $484 million.
Straight Off the Chain
Yesterday saw 1,109 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 32. To provide context, we’d rank this token as 1.5 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 98.3% of the token’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 1.07% of the currency’s money supply. Exchange ownership grew by -0.04% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.01% over that time period. Maker’s smart contract owns approximately 0.08% of its own total money supply. This amount hasn’t changed over the past week.
How Active are the Software Developers?
The last activity date on Maker’s GitHub repository was December 11, 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 -0.57 and 1.2, respectively, over the past 30 days.
Maker’s Social Media Presence
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
