How Did Maker’s Price Fare Yesterday?
At the time of this writing, Maker has a price of $471.49 USD, which puts it down by approximately 1.64% from yesterday. Maker is currently in an up, but it should be noted that this is now the the 4th straight day that price has been down. Moreover, Maker is now 0.03% above its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $405.9348 and $536.7582 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.
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The currency’s market cap currently stands at $481 million US dollars.
What Anamolies Occurred Since Yesterday?
Since yesterday, Maker saw anomalous behavior in holders added and transfers added. It may be worth looking into the causes of this a bit more.
Straight Off the Chain
Over the past 24 hours, 2,476 transfers have been added to the blockchain recording transactions 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 35. If we observe percentage growth in holders and transfers, we find that Maker ranks 10 out of the 34 Ethereum tokens we are tracking.
Observing Maker’s Richest Wallets
The top 1,000 Maker wallets hold over 98.41% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.98% 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 -0.01%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.07%. Maker’s smart contract owns approximately 0.08% of its own total money supply. This amount hasn’t changed over the past week.
How Active are the Software Developers?
The last activity date on Maker’s GitHub repository was October 17, 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 -0.17 per day, while the number of followers watching Maker’s repositories is growing by 0.23.
What’s Going on Social Media?
In the past day, Maker’s Reddit subscribers went up by 6, respectively. Traders interested in following Maker has the biggest presence on Twitter, where it has 31,804 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
