How Did Maker’s Price Fare Yesterday?
At the time of this writing, Maker has a price of $526.76 USD, which puts it down by approximately 0.41% from yesterday. This marked the the 2nd day in a row Maker has been down; it is still in an uptrend, and is currently 7.51% above 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 $422.6518 and $557.3002. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
Where to trade Maker (symbol: MKR): Gate, Yobit, DDEX, Ethfinex
The currency’s market cap currently stands at $498 million US dollars.
What Anamolies Occurred Since Yesterday?
Yesterday, the metrics transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Update on Transactions and Holders
Yesterday saw 1,591 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 up by approximately 26. If we observe percentage growth in holders and transfers, we find that Maker ranks 16 out of the 30 Ethereum tokens we are tracking.
How are the Strong Holders of Maker Faring?
The top 1,000 Maker wallets hold over 98.45% of the token’s total money supply. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 1.26% 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%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.1%. The underlying smart contract itself for Maker owns 0.08% of the total money supply; over the past week, this amount has not changed.
Technical Development Status
The last activity date on Maker’s GitHub repository occurred on today, September 23, 2019. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Maker are growing by 0.03 and -0.97, respectively, over the past 30 days.
Maker’s Social Media Presence
Traders interested in following Maker has the biggest presence on Twitter, where it has 30,952 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
