Maker: What’s the Latest Regarding its Price?
Maker’s current price, at the time of this writing, is $304.65 USD, up by approximately 12.55% from the day prior. This marked the the 4th straight day Maker has been up; it is still in a downtrend, and is currently 25.3% 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 7 of the previous 14 days. And in terms of volume, yesterday’s price move ocurred on volume that was 42.3% less than its 7 day average volume.
As for 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 $111.05 and $704.609. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
As for Maker’s market cap, it is currently at about $218M US dollars.
Straight Off the Chain
Over the past 24 hours, NA transfers have been added to the blockchain recording transactions 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. In terms of recurring usage, we can note that 2,751 wallets have sent or received coins in the past month, while 222 have in the past day.
How are the Strong Holders of Maker Faring?
And in regards to wealth distribution, note that the top 1,000 Maker wallets hold over 98.01% 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 1.86% 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 -0.22%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.33%. As for the Maker’s smart contract itself, that owns 0.08% of the total money supply, an amount unchanged from the week prior.
What’s Going on Social Media?
In terms of social media presence, Maker saw its Twitter followers and Reddit subscribers go up by 73 and 62 over the past 24 hours. If you are interested in following Maker on social media, Twitter, where it has 40,164 following it, may be a good place to start. Here is the Twitter page for Maker.
Article by SixJupiter
