Maker Price Update
At the time of this writing, Maker has a price of $461.68 USD, which puts it down by approximately 4.05% from yesterday. Maker enters the day 2.92% above its 20 day moving average, but is experiencing its the 2nd straight day down. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $409.1029 and $488.0511 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.
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The currency’s market cap currently stands at $458 million US dollars.
Daily Engagement Metrics Update
Yesterday saw 594 transfers amongst holders of Maker. As for the number of holders, yesterday saw the number of wallets holding Maker decline by 0. To provide context, we’d rank this token as 13 out of the 30 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 98.25% of the coin’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 1.38% of the currency’s money supply. Exchange ownership grew by 0.02% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period. 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
Maker has been active recently on its GitHub repos, with its most recent code updates occurring today, January 10, 2020. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.57 per day, while the number of followers watching Maker’s repositories is growing by 0.77.
The Latest on Maker and Social Media
In terms of social media presence, Maker saw its Twitter followers and Reddit subscribers go up by 139 and 21 over the past 24 hours. Traders interested in following Maker has the biggest presence on Twitter, where it has 35,907 users engaged. 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
