How Did Maker’s Price Fare Yesterday?
Maker’s current price, at the time of this writing, is $461.04 USD, down by approximately 1.44% from the day prior. The down day for Maker yesterday was a reversal from the day before it, which puts its price at 2.99% above its 20 day moving average. Over the past two weeks, price has been in a unclear 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 $419.6482 and $475.6328, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.
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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 $460 million.
Daily Engagement Metrics Update
Yesterday saw 1,705 transfers amongst holders of Maker. As for the number of holders, yesterday saw the number of wallets holding Maker rise by 52. To provide context, we’d rank this token as 13 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Maker’s Richest Holders?
The top 1,000 Maker wallets hold over 98.25% 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 1.36% of the currency’s 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%. Maker’s smart contract owns approximately 0.08% of its own total money supply. This amount hasn’t changed over the past week.
How Active are the Software Developers?
Maker hasn’t had any activity on any of its GitHub repos since January 06, 2020 — 1 days prior. 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 -0.07 per day, while the number of followers watching Maker’s repositories is growing by 0.8.
Maker’s Social Media Presence
In terms of social media presence, Maker saw its Twitter followers and Reddit subscribers go up by 115 and 25 over the past 24 hours. Traders interested in following Maker has the biggest presence on Twitter, where it has 35,768 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
