Maker: What’s the Latest Regarding its Price?
Maker is down by approximately 1.07% from the previous day, with its price currently hovering around $346.91 USD. Maker enters the day 4.39% above its 20 day moving average, but is experiencing its the 2nd straight day down. Another data point we may find worthy of observation is that price for Maker has increased 8 of the previous 14 days. Another data point we may find worthy of observation is that price for Maker has increased 8 of the previous 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 $315.3571 and $349.2539, 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.
The currency’s market cap currently stands at $343 million US dollars.
Straight Off the Chain
Yesterday saw 955 transfers amongst holders of Maker. Regarding a tally of holders, Yesterday saw Maker’s wallet count increase by 16. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at 0.06, with 115 wallets making a transfer this past day and 2,033 wallets having made a transfer in the past month.
Just How Rich are Maker’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 97.8% of the 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 1.79% 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 0.02%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.07%. 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
If you are interested in following Maker on social media, Facebook, where it has NA following it, may be a good place to start.
Article by SixJupiter
