December 17, 2019: Maker (MKR): Down 1.32%; 4th Consecutive Down Day

May 11, 2020: Maker (mkr): Down 3.19%; 2nd Consecutive Down Day
May 11, 2020: Maker (mkr): Down 3.19%; 2nd Consecutive Down Day
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How Did Maker’s Price Fare Yesterday?

At the time of this writing, Maker has a price of $454.33 USD, which puts it down by approximately 1.32% from yesterday. This marked the the 4th day in a row Maker has been down; it is still in a downtrend, and is currently 11.39% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $465.1907 and $560.2313 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.

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December 17, 2019: Maker (mkr): Down 1.32%; 4th Consecutive Down Day

The currency’s market cap currently stands at $455 million US dollars.

Update on Transactions and Holders

1,550 transactions amongst holders of Maker occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Maker has gone up by approximately 38. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Maker ranked 1.5 out of the 32 Ethereum tokens we’re tracking.

Just How Rich are Maker’s Richest Holders?

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 1.1% 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 0.04%. Maker’s smart contract owns approximately 0.08% of its own total money supply. This amount hasn’t changed over the past week.

Technical Development Status

The last activity date on Maker’s GitHub repository occurred on today, December 17, 2019. Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by -0.03 per day on average, while the number of watchers has grown by 1.37.

What’s Going on Social Media?

In terms of social media presence, Maker saw its Twitter followers and Reddit subscribers go up by 35 and 5 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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. December 17, 2019: Maker (mkr): Down 1.32%; 4th Consecutive Down Day

Article by SixJupiter