Maker: What’s the Latest Regarding its Price?
Maker is down by approximately 3.73% from the previous day, with its price currently hovering around $554.6 USD. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 1.54% below its 20 day moving average, and is currently in a unclear trend over the past 14 days. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $498.9412 and $627.5518 based on its momentum and volatility over the past 14 days. 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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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 $532 million.
Daily Engagement Metrics Update
Yesterday saw 2,575 transfers amongst holders of Maker. As for the number of holders, yesterday saw the number of wallets holding Maker rise by 67. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Maker ranked 11 out of the 35 Ethereum tokens we’re tracking.
Just How Rich are Maker’s Richest Holders?
The top 1,000 Maker wallets hold over 98.32% of the token’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 1.08% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0.03%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.18%. The underlying smart contract itself for Maker owns 0.08% of the total money supply; over the past week, this amount has not changed.
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 04, 2019 (today). Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by 0.47 per day on average, while the number of watchers has grown by 1.17.
Maker’s Social Media Presence
Traders interested in following Maker has the biggest presence on Twitter, where it has 34,032 users engaged. 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
