December 3, 2019: Maker (MKR): Up 1.53%; Price Crosses 20 Day Average; 2nd Straight Up Day

.

How Did Maker’s Price Fare Yesterday?

Maker is up by approximately 1.53% from the previous day, with its price currently hovering around $576.09 USD. Maker enters the day 1.46% above its 20 day moving average, and is experiencing its the 2nd consecutive day up. Maker’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $501.3254 and $634.2656. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.

Trade Maker (MKR) and over 500 other cryptos across ten different exchanges — all from one app. Try Quadency.

The currency’s market cap currently stands at $518 million US dollars.

Daily Engagement Metrics Update

2,150 transactions amongst holders of Maker occurred yesterday. Regarding a tally of holders, Yesterday saw Maker’s wallet count rise by 27. If we observe percentage growth in holders and transfers, we find that Maker ranks 10 out of the 34 Ethereum tokens we are tracking.

How are the Strong Holders of Maker Faring?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 98.32%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.05% 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 0.03% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.14%. As for the Maker’s smart contract itself, that owns 0.08% of the total money supply, an amount unchanged from the week prior.

Technical Development Status

The last activity date on Maker’s GitHub repository occurred on today, December 03, 2019. Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by 0.4 per day on average, while the number of watchers has grown by 1.1.

The Latest on Maker and Social Media

In the past day, Maker’s Twitter followers and Reddit subscribers went up by 81 and 22, respectively. 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

Stay up to date on crypto news!

Sign up for our newsletter for all the hottest crypto stories, ICO reviews, and insights from leading experts of the crypto world - four times a week.

You have been signed up!