Maker Price Update
Maker is up by approximately 4.23% from the previous day, with its price currently hovering around $511.72 USD. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 7.7% below its 20 day moving average, and is currently in a unclear trend over the past 14 days. 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 $494.7069 and $614.1691. 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 $485 million.
Daily Engagement Metrics Update
Yesterday saw 2,557 transfers amongst holders of Maker. Regarding a tally of holders, Yesterday saw Maker’s wallet count jump by 92. To provide context, we’d rank this token as 11 out of the 36 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Maker’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 98.29% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.11% of the currency’s 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%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.21%. The underlying smart contract itself for Maker owns 0.08% of the total money supply; over the past week, this amount has not changed.
How Active are the Software Developers?
The last activity date on Maker’s GitHub repository was December 04, 2019, or about 1 days ago. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Maker are growing by 0.37 and 1.13, respectively, over the past 30 days.
Maker’s Social Media Presence
In the past day, Maker’s Twitter followers and Reddit subscribers went up by 46 and 17, respectively. If you are interested in following Maker on social media, Twitter, where it has 34,078 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
