How Did Maker’s Price Fare Yesterday?
At the time of this writing, Maker has a price of $461.23 USD, which puts it down by approximately 3.78% from yesterday. The down day for Maker yesterday was a reversal from the day before it, which puts its price at 7.51% below its 20 day moving average. Over the past two weeks, price has been in a down trend. 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 $444.503 and $552.881, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
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As for Maker’s market cap, it is currently at about $454M US dollars.
Update on Transactions and Holders
Over the past 24 hours, 2,588 transfers have been added to the blockchain recording transactions amongst holders of Maker. Regarding a tally of holders, Yesterday saw Maker’s wallet count rise by 46. If we observe percentage growth in holders and transfers, we find that Maker ranks 11 out of the 30 Ethereum tokens we are tracking.
Observing Maker’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 98.29% of the coin’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. Exchange ownership grew by 0.03% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.01% over that time period. 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 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 December 19, 2019, or approximately 1 days before. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Maker are growing by 0 and 1.2, respectively, over the past 30 days.
The Latest on Maker and Social Media
In terms of social media presence, Maker saw its Twitter followers and Reddit subscribers go up by 40 and 11 over the past 24 hours. If you are interested in following Maker on social media, Twitter, where it has 34,784 following it, may be a good place to start. 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
