How Did Maker’s Price Fare Yesterday?
Maker is up by approximately 0.77% from the previous day, with its price currently hovering around $454.1 USD. This marked the the 3rd day in a row Maker has been up; it is still in a downtrend, and is currently 4.93% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Maker imply the currency may oscillate between $425.5037 and $529.8263, based on how price has behaved in the two weeks prior. 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 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 $475 million.
Update on Transactions and Holders
No transactions amongst holders of Maker occurred yesterday. Regarding a tally of holders, Yesterday saw Maker’s wallet count drop by 0. If we observe percentage growth in holders and transfers, we find that Maker ranks 14 out of the 31 Ethereum tokens we are tracking.
How are the Strong Holders of Maker Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 98.47%. 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 1.16% 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 -0.02% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.03%. 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?
Maker has been active recently on its GitHub repos, with its most recent code updates occurring today, September 09, 2019. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Maker are growing by -0.2 and -0.37, respectively, over the past 30 days.
What’s Going on Social Media?
In the past day, Maker’s Reddit subscribers went up by 2, 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
