Maker Price Update
Maker’s current price, at the time of this writing, is $476.22 USD, down by approximately 0.36% from the day prior. The down day for Maker yesterday was a reversal from the day before it, which puts its price at 0.26% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $429.829 and $525.059 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
Where to trade Maker (symbol: MKR): Gate, Yobit, DDEX, Ethfinex
The currency’s market cap currently stands at $469 million US dollars.
Update on Transactions and Holders
Yesterday saw 729 transfers amongst holders of Maker. As for the number of holders, yesterday saw the number of wallets holding Maker increase by 24. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Maker ranked 16 out of the 33 Ethereum tokens we’re tracking.
Observing Maker’s Richest Wallets
The top 1,000 Maker wallets hold over 98.46% of the token’s total money supply. 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 1.15% 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 -0.01%. 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 September 14, 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 -0.6.
Maker’s Social Media Presence
In the past day, Maker’s Twitter followers and Reddit subscribers went up by 24 and 9, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
