Maker: What’s the Latest Regarding its Price?
Maker is up by approximately 1.54% from the previous day, with its price currently hovering around $669.09 USD. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 20.56% above its 20 day moving average, and is currently in an up trend over the past 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 $428.0144 and $681.9696, 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 $665 million.
Update on Transactions and Holders
Yesterday saw 1,261 transfers 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 up by approximately 27. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Maker ranked 14 out of the 36 Ethereum tokens we’re tracking.
Just How Rich are Maker’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 98.34% of the coin’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 0.88% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.04% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.02%. Maker’s smart contract owns approximately 0.08% of its own total money supply. This amount hasn’t changed over the past week.
How Active are the Software Developers?
The last activity date on Maker’s GitHub repository occurred on today, November 11, 2019. Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by 0.8 per day on average, while the number of watchers has grown by 0.5.
Maker’s Social Media Presence
In terms of social media presence, Maker saw its Twitter followers and Reddit subscribers go up by 236 and 44 over the past 24 hours. Traders interested in following Maker has the biggest presence on Twitter, where it has 32,908 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
