Maker Price Update
Maker is up by approximately 4.01% from the previous day, with its price currently hovering around $545.9 USD. Maker is currently in an up, and it should be noted that this is now the the 2nd consecutive day that price has been up. Moreover, Maker is now 8.22% above its 20 day moving average. 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 $446.7243 and $562.1547, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
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The currency’s market cap currently stands at $536 million US dollars.
Update on Transactions and Holders
Over the past 24 hours, 536 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 15. If we observe percentage growth in holders and transfers, we find that Maker ranks 14 out of the 35 Ethereum tokens we are tracking.
How are the Strong Holders of Maker Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 98.38%. 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 0.9% 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 -0.01% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown 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?
The last activity date on Maker’s GitHub repository was November 04, 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 0.67 per day, while the number of followers watching Maker’s repositories is growing by 0.4.
Maker’s Social Media Presence
In the past day, Maker’s Twitter followers and Reddit subscribers went up by 178 and 38, respectively. Traders interested in following Maker has the biggest presence on Twitter, where it has 32,632 users engaged. 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
