How Did Maker’s Price Fare Yesterday?
At the time of this writing, Maker has a price of $481.19 USD, which puts it down by approximately 2.05% from yesterday. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 6.77% above its 20 day moving average, and is currently in an up trend over the past 14 days. 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 $405.6557 and $495.7403, 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.
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The currency’s market cap currently stands at $465 million US dollars.
Update on Transactions and Holders
Yesterday saw 1,418 transfers amongst holders of Maker. In terms of estimating the number of holders, over the past day the total number of wallets holding Maker has gone up by approximately 25. If we observe percentage growth in holders and transfers, we find that Maker ranks 12 out of the 32 Ethereum tokens we are tracking.
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. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.37% of the currency’s money supply. Exchange ownership grew by -0.04% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.01% over that time period. Maker’s smart contract owns approximately 0.08% of its own total money supply. This amount hasn’t changed over the past week.
Technical Development Status
Maker hasn’t had any activity on any of its GitHub repos since January 08, 2020 — 1 days prior. Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by 0.43 per day on average, while the number of watchers has grown by 0.7.
What’s Going on Social Media?
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Maker on Twitter here.
Where to Buy
You can trade Maker, listed under the symbol MKR, through the following exchanges: Gate, Yobit, DDEX, Ethfinex.
Article by SixJupiter
