Maker: What’s the Latest Regarding its Price?
Maker’s current price, at the time of this writing, is $272.47 USD, down by approximately 0.07% from the day prior. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 27.67% below its 20 day moving average, and is currently in a down trend over the past 14 days. Another data point we may find worthy of observation is that price for Maker has increased 15 of the previous 30 days. And in terms of volume, yesterday’s price move ocurred on volume that was 55.38% 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 $144.8158 and $608.5882. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
The currency’s market cap currently stands at $220 million US dollars.
Update on Transactions and Holders
NA transactions amongst holders of Maker occurred yesterday. 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 understand loyalty or repeat usage amongst holders of Maker, we can note that there were 117 wallets making a transaction yesterday, while 2,670 wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about 0.04.
How are the Strong Holders of Maker Faring?
In terms of wealth concentration, the richest 1,000 wallets own 97.97% of the coin’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 1.84% 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 0.47% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.18%. As for the Maker’s smart contract itself, that owns 0.08% of the total money supply, an amount unchanged from the week prior.
The Latest on Maker and Social Media
In the past day, Maker’s Twitter followers and Reddit subscribers went up by 154 and 52, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Maker.
Article by SixJupiter
