Maker Price Update
Maker’s current price, at the time of this writing, is $496.19 USD, down by approximately 2.04% from the day prior. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 5.74% below its 20 day moving average, and is currently in a unclear trend over the past 14 days. 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 $477.9459 and $574.8841, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
Trade Maker (MKR) and over 500 other cryptos across ten different exchanges — all from one app. Try Quadency.
As for Maker’s market cap, it is currently at about $495M US dollars.
Daily Engagement Metrics Update
842 transactions amongst holders of Maker occurred yesterday. Regarding a tally of holders, Yesterday saw Maker’s wallet count rise by 38. If we observe percentage growth in holders and transfers, we find that Maker ranks 11 out of the 34 Ethereum tokens we are tracking.
How are the Strong Holders of Maker Faring?
The top 1,000 Maker wallets hold over 98.29% of the token’s total money supply. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 1.11% 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 -0.02% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.06%. 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?
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 07, 2019, or approximately 2 days before. Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by 0.07 per day on average, while the number of watchers has grown by 1.13.
Maker’s Social Media Presence
In the past day, Maker’s Twitter followers went up by 41, respectively. If you are interested in following Maker on social media, Twitter, where it has 34,221 following it, may be a good place to start. 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
