Maker: What’s the Latest Regarding its Price?
At the time of this writing, Maker has a price of $468.3 USD, which puts it down by approximately 3.6% from yesterday. This marked the the 2nd consecutive day Maker has been down; it is still in a unclear trend, and is currently 5.85% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $457.6671 and $537.0899 based on its momentum and volatility over the past 14 days. 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 $470 million US dollars.
Straight Off the Chain
Yesterday saw 386 transfers amongst holders of Maker. Regarding a tally of holders, Yesterday saw Maker’s wallet count increase by 7. To provide context, we’d rank this token as 15 out of the 30 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Maker Faring?
In terms of wealth concentration, the richest 1,000 wallets own 98.48% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.14% 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 -0.01%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.02%. 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 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 04, 2019 (today). Over the past 30 days, we’ve seen open issues across Maker’s GitHub repositories grow by -0.07 per day on average, while the number of watchers has grown by -0.33.
The Latest on Maker and Social Media
Social media growth, in terms of Reddit subscribers, came in at up 9 over the past day for Maker. 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
