Maker: What’s the Latest Regarding its Price?
Maker is down by approximately 3.1% from the previous day, with its price currently hovering around $510.26 USD. This marked the the 5th straight day Maker has been down; it is still in a downtrend, and is currently 15.87% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. 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 $503.8868 and $709.1382. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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The currency’s market cap currently stands at $524 million US dollars.
Straight Off the Chain
Yesterday saw 2,313 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 94. If we observe percentage growth in holders and transfers, we find that Maker ranks 3 out of the 34 Ethereum tokens we are tracking.
Observing Maker’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 98.31% 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 0.91% 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% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.06%. 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?
The last activity date on Maker’s GitHub repository occurred on today, November 22, 2019. 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 0.87 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 57 and 12, respectively. If you are interested in following Maker on social media, Twitter, where it has 33,571 following it, may be a good place to start. You can follow Maker on Twitter here.
Where to Buy
You can trade Maker, listed under the symbol MKR, through the following exchanges: Gate, Yobit, DDEX, Ethfinex.
Article by SixJupiter
