Maker Price Update
At the time of this writing, Maker has a price of $535.9 USD, which puts it up by approximately 1.9% from yesterday. The up day for Maker yesterday was a reversal from the day before it, which puts its price at 6.75% above its 20 day moving average. Over the past two weeks, price has been in an up trend. 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 $450.76 and $553.269, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
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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 $523 million.
Straight Off the Chain
Over the past 24 hours, no transfers have been added to the blockchain recording transactions amongst holders of Maker. Regarding a tally of holders, Yesterday saw Maker’s wallet count fall by 0. If we observe percentage growth in holders and transfers, we find that Maker ranks 36 out of the 36 Ethereum tokens we are tracking.
How are the Strong Holders of Maker Faring?
The top 1,000 Maker wallets hold over 98.38% of the token’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 0.91% 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 -0.01%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.03%. As for the Maker’s smart contract itself, that owns 0.08% of the total money supply, an amount unchanged from the week prior.
How Active are the Software Developers?
In terms of how active the software development team working on Maker is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on October 31, 2019, or approximately 1 days before. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Maker are growing by 0.57 and 0.37, respectively, over the past 30 days.
Maker’s Social Media Presence
In terms of social media presence, Maker saw its Reddit subscribers go up by 7 over the past 24 hours. Traders interested in following Maker has the biggest presence on Twitter, where it has 32,454 users engaged. Use this link to follow Maker on Twitter.
Where to Buy
You can trade Maker, listed under the symbol MKR, through the following exchanges: Gate, Yobit, DDEX, Ethfinex.
Article by SixJupiter
