How Did Maker’s Price Fare Yesterday?
Maker’s current price, at the time of this writing, is $574.53 USD, up by approximately 0.25% from the day prior. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 5.83% below its 20 day moving average, and is currently in a unclear 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 $545.4297 and $674.7073, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying 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 $571 million.
Daily Engagement Metrics Update
Yesterday saw 1,844 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 10. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Maker ranked 4 out of the 35 Ethereum tokens we’re tracking.
Just How Rich are Maker’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 98.31%. 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 0.9% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.01% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.03%. The underlying smart contract itself for Maker owns 0.08% of the total money supply; over the past week, this amount has not changed.
How Much Development is Occurring?
The last activity date on Maker’s GitHub repository was November 20, 2019, or about 1 days ago. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.9 per day, while the number of followers watching Maker’s repositories is growing by 0.7.
What’s Going on Social Media?
In the past day, Maker’s Twitter followers and Reddit subscribers went up by 292 and 51, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
