Maker: What’s the Latest Regarding its Price?
At the time of this writing, Maker has a price of $298.21 USD, which puts it down by approximately 4.21% 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 3.75% above its 20 day moving average, and is currently in an up trend over the past 14 days. To help contextualize yesterday’s price move, we can observe that price has rallied 9 of the past 14 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 58.39% less than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $206.2893 and $368.5737 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
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 $302 million.
Straight Off the Chain
316 transactions amongst holders of Maker occurred yesterday. Regarding a tally of holders, Yesterday saw Maker’s wallet count increase by 8. In terms of recurring usage, we can note that 2,830 wallets have sent or received coins in the past month, while 130 have in the past day.
Observing Maker’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 97.78% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.74% 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 1.11%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.08%. As for the Maker’s smart contract itself, that owns 0.08% of the total money supply, an amount unchanged from the week prior.
Maker’s Social Media Presence
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
