How Did Maker’s Price Fare Yesterday?
At the time of this writing, Maker has a price of $513.86 USD, which puts it up by approximately 0.42% from yesterday. The up day for Maker yesterday was a reversal from the day before it, which puts its price at 6.93% below its 20 day moving average. Over the past two weeks, price has been in a unclear 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 $494.8907 and $609.3193, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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 $485 million US dollars.
Daily Engagement Metrics Update
Yesterday saw 1,095 transfers amongst holders of Maker. In terms of estimating the number of holders, over the past day the total number of wallets holding Maker has gone up by approximately 37. To provide context, we’d rank this token as 8 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Maker Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 98.29%. 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 1.12% of the currency’s total money supply. Exchange ownership grew by 0.2% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.01% over that time period. 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 occurred on today, December 06, 2019. Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by 0.27 per day on average, while the number of watchers has grown by 1.17.
What’s Going on Social Media?
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 33 and 14 over the past day for Maker. 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
