Maker: What’s the Latest Regarding its Price?
At the time of this writing, Maker has a price of $490.75 USD, which puts it up by approximately 2.39% from yesterday. The up day for Maker yesterday was a reversal from the day before it, which puts its price at 8.91% above its 20 day moving average. Over the past two weeks, price has been in an up 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 $404.4161 and $496.7959, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
Get your analysis of Maker (MKR) here on CryptoCoin.news. And for daily analysis and recaps of the 5 major cryptocurrencies, visit CFDTrading.com.
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 $474 million.
Daily Engagement Metrics Update
Yesterday we did not see any transfers amongst holders of Maker. Regarding a tally of holders, Yesterday saw Maker’s wallet count fall by 0. If we observe percentage growth in holders and transfers, we find that Maker ranks 16 out of the 30 Ethereum tokens we are tracking.
Observing Maker’s Richest Wallets
The top 1,000 Maker wallets hold over 98.25% 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 1.38% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.02%. Maker’s smart contract owns approximately 0.08% of its own total money supply. This amount hasn’t changed over the past week.
How Much Development is Occurring?
Maker hasn’t had any activity on any of its GitHub repos since January 10, 2020 — 2 days prior. Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by 0.6 per day on average, while the number of watchers has grown by 0.67.
Maker’s Social Media Presence
In terms of social media presence, Maker saw its Twitter followers and Reddit subscribers go up by 89 and 13 over the past 24 hours. Traders interested in following Maker has the biggest presence on Twitter, where it has 35,996 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
