How Did Maker’s Price Fare Yesterday?
Maker is down by approximately 3.29% from the previous day, with its price currently hovering around $464.33 USD. Maker is currently in a unclear , and it should be noted that this is now the the 3rd consecutive day that price has been down. Moreover, Maker is now 3.55% below its 20 day moving average. 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 $436.157 and $526.716. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
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The currency’s market cap currently stands at $467 million US dollars.
Straight Off the Chain
1,682 transactions amongst holders of Maker occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Maker increase by 18. If we observe percentage growth in holders and transfers, we find that Maker ranks 13 out of the 30 Ethereum tokens we are tracking.
How are the Strong Holders of Maker Faring?
The top 1,000 Maker wallets hold over 98.14% 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 2.06% 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 -0.08% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.68%. The underlying smart contract itself for Maker owns 0.08% of the total money supply; over the past week, this amount has not changed.
Technical Development Status
The last activity date on Maker’s GitHub repository was January 20, 2020, 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 0.13 and 0.93, respectively, over the past 30 days.
The Latest on Maker and Social Media
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 74 and 27 over the past day for Maker. Traders interested in following Maker has the biggest presence on Twitter, where it has 36,464 users engaged. 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
