How Did Maker’s Price Fare Yesterday?
Maker is up by approximately 10.6% from the previous day, with its price currently hovering around $236.89 USD. This marked the the 3rd straight day Maker has been up; it is still in a downtrend, and is currently 43.42% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. Another data point we may find worthy of observation is that price for Maker has increased 4 of the previous 10 days. Another data point we may find worthy of observation is that price for Maker has increased 4 of the previous 10 days.
In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $90.69383 and $746.5992 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
The currency’s market cap currently stands at $218 million US dollars.
Daily Engagement Metrics Update
Yesterday saw NA 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 NA by approximately NA. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at 0.07, with 200 wallets making a transfer this past day and 2,719 wallets having made a transfer in the past month.
How are the Strong Holders of Maker Faring?
As for wealth distribution, the richest 1,000 wallets currently own 98.01% of the money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.8% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.37% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.3%. Maker’s smart contract owns approximately 0.08% of its own total money supply. This amount hasn’t changed over the past week.
The Latest on Maker and Social Media
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.
Article by SixJupiter
