Maker: What’s the Latest Regarding its Price?
Maker’s current price, at the time of this writing, is $428.27 USD, up by approximately 0.68% from the day prior. This marked the the 2nd straight day Maker has been up; it is still in a downtrend, and is currently 4% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $411.5425 and $480.6545 based on its momentum and volatility over the past 14 days. 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.
As for Maker’s market cap, it is currently at about $436M US dollars.
Update on Transactions and Holders
Yesterday saw 2,265 transfers amongst holders of Maker. As for the number of holders, yesterday saw the number of wallets holding Maker increase by 0. If we observe percentage growth in holders and transfers, we find that Maker ranks 30 out of the 32 Ethereum tokens we are tracking.
How are the Strong Holders of Maker Faring?
In terms of wealth concentration, the richest 1,000 wallets own 98.26% of the coin’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 1.41% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.08%. 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
Maker hasn’t had any activity on any of its GitHub repos since January 05, 2020 — 1 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Maker are growing by -0.07 and 0.83, respectively, over the past 30 days.
What’s Going on Social Media?
In the past day, Maker’s Twitter followers and Reddit subscribers went up by 143 and 11, respectively. 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
