Maker Price Update
Maker is up by approximately 0.32% from the previous day, with its price currently hovering around $656.36 USD. Maker enters the day 14.81% above its 20 day moving average, and is experiencing its the 2nd consecutive day up. 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 $447.3081 and $696.1019. 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 $652 million.
Update on Transactions and Holders
Over the past 24 hours, 701 transfers have been added to the blockchain recording transactions amongst holders of Maker. As for the number of holders, yesterday saw the number of wallets holding Maker rise by 35. If we observe percentage growth in holders and transfers, we find that Maker ranks 12 out of the 36 Ethereum tokens we are tracking.
Just How Rich are Maker’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 98.33%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.92% 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 -0.05%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed 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 Much Development is Occurring?
The last activity date on Maker’s GitHub repository was November 12, 2019, or about 1 days ago. Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by 1.17 per day on average, while the number of watchers has grown by 0.53.
The Latest on Maker and Social Media
In the past day, Maker’s Twitter followers and Reddit subscribers went up by 45 and 9, respectively. Traders interested in following Maker has the biggest presence on Twitter, where it has 32,998 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
