Maker Price Update
Maker is up by approximately 3.7% from the previous day, with its price currently hovering around $485.78 USD. The up day for Maker yesterday was a reversal from the day before it, which puts its price at 1.25% below its 20 day moving average. Over the past two weeks, price has been in a down trend. 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 $456.0076 and $527.8944. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
Where to trade Maker (symbol: MKR): Gate, Yobit, DDEX, Ethfinex
The currency’s market cap currently stands at $468 million US dollars.
Straight Off the Chain
865 transactions amongst holders of Maker occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Maker has gone up by approximately 35. To provide context, we’d rank this token as 11 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?
In terms of wealth concentration, the richest 1,000 wallets own 98.48% of the coin’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 1.14% of the currency’s money supply. Exchange ownership grew by -0.03% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.01% over that time period. 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
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 03, 2019 (today). Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by 0.13 per day on average, while the number of watchers has grown 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 58 and 8 over the past 24 hours. Traders interested in following Maker has the biggest presence on Twitter, where it has 30,179 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
