How Did Maker’s Price Fare Yesterday?
Maker’s current price, at the time of this writing, is $468.47 USD, down by approximately 1.7% from the day prior. Maker enters the day 4.68% below its 20 day moving average, and is experiencing its the 2nd day in a row down. 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 $454.2464 and $528.7076. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
Where to trade Maker (symbol: MKR): Gate, Yobit, DDEX, Ethfinex
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 $460 million.
Straight Off the Chain
Yesterday we did not see any transfers 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 down by approximately 0. To provide context, we’d rank this token as 16 out of the 30 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Maker’s Richest Holders?
The top 1,000 Maker wallets hold over 98.48% 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 1.13% of the currency’s total 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 -0.04%. 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 September 02, 2019 (today). Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Maker are growing by 0.23 and -0.3, respectively, over the past 30 days.
The Latest on Maker and Social Media
In the past day, Maker’s Twitter followers and Reddit subscribers went up by 34 and 7, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
