Maker: What’s the Latest Regarding its Price?
Maker’s current price, at the time of this writing, is $525.93 USD, down by approximately 0.49% from the day prior. Maker enters the day 5% above its 20 day moving average, but is experiencing its the 2nd consecutive day down. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $449.8702 and $551.9018 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 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 $515 million.
Unusual Developments
The following metrics showed unusual change over the past 24 hours for Maker: holders added. Further investigation may be warranted.
Daily Engagement Metrics Update
Yesterday saw 1,436 transfers amongst holders of Maker. Regarding a tally of holders, Yesterday saw Maker’s wallet count increase by 38. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Maker ranked 2 out of the 34 Ethereum tokens we’re tracking.
Observing Maker’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 98.38% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.93% of the currency’s money supply. Exchange ownership grew by -0.01% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period. 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 Active are the Software Developers?
In terms of how active the software development team working on Maker is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on October 30, 2019, or approximately 1 days before. 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 0.63 per day, while the number of followers watching Maker’s repositories is growing by 0.33.
What’s Going on Social Media?
In the past day, Maker’s Twitter followers and Reddit subscribers went up by 60 and 7, respectively. If you are interested in following Maker on social media, Twitter, where it has 32,454 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
