Maker: What’s the Latest Regarding its Price?
At the time of this writing, Maker has a price of $432.27 USD, which puts it up by approximately 0.57% from yesterday. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 10.3% below its 20 day moving average, and is currently in a down trend over the past 14 days. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $417.3752 and $546.4038 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 $430 million.
Daily Engagement Metrics Update
Yesterday we did not see any transfers amongst holders of Maker. As for the number of holders, yesterday saw the number of wallets holding Maker decline by 0. If we observe percentage growth in holders and transfers, we find that Maker ranks 30 out of the 33 Ethereum tokens we are tracking.
Observing Maker’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 98.26%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.22% of the currency’s money supply. Exchange ownership grew by 0.11% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.02% 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.
Technical Development Status
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 24, 2019, or approximately 2 days before. Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by -0.3 per day on average, while the number of watchers has grown by 0.93.
The Latest on Maker and Social Media
In terms of social media presence, Maker saw its Twitter followers and Reddit subscribers go up by 280 and 18 over the past 24 hours. Traders interested in following Maker has the biggest presence on Twitter, where it has 35,288 users engaged. 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
