Maker Price Update
Maker’s current price, at the time of this writing, is $445.02 USD, up by approximately 0.42% 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 a down trend, and is currently 7.96% 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 $411.4914 and $555.5446. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
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The currency’s market cap currently stands at $459 million US dollars.
Maker’s Surprises of the Day
The following metrics showed unusual change over the past 24 hours for Maker: holders added. Further investigation may be warranted.
Update on Transactions and Holders
Over the past 24 hours, 1,102 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 38. If we observe percentage growth in holders and transfers, we find that Maker ranks 13 out of the 32 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 98.44%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.23% 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 -0.02%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.04%. As for the Maker’s smart contract itself, that owns 0.08% of the total money supply, an amount unchanged from the week prior.
Technical Development Status
Maker hasn’t had any activity on any of its GitHub repos since October 03, 2019 — 1 days prior. 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 -0.2 per day, while the number of followers watching Maker’s repositories is growing by 0.33.
What’s Going on Social Media?
In terms of social media presence, Maker saw its Twitter followers and Reddit subscribers go up by 92 and 6 over the past 24 hours. If you are interested in following Maker on social media, Twitter, where it has 31,335 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
