How Did Maker’s Price Fare Yesterday?
Maker’s current price, at the time of this writing, is $588.24 USD, down by approximately 0.46% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 13.73% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $451.9186 and $582.5724 based on its momentum and volatility over the past 14 days. 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 $555 million US dollars.
Daily Engagement Metrics Update
780 transactions amongst holders of Maker occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Maker has gone up by approximately 21. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Maker ranked 17 out of the 36 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 98.37%. 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. Exchange ownership grew by -0.06% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.02% over that time period. 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 Much Development is Occurring?
The last activity date on Maker’s GitHub repository was November 06, 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 0.93 per day, while the number of followers watching Maker’s repositories is growing by 0.37.
Maker’s Social Media Presence
In the past day, Maker’s Twitter followers and Reddit subscribers went up by 40 and 21, respectively. If you are interested in following Maker on social media, Twitter, where it has 32,672 following it, may be a good place to start. 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
