January 20, 2020: Maker (MKR): Down 6.24%

By January 20, 2020Ethereum
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Maker: What’s the Latest Regarding its Price?

At the time of this writing, Maker has a price of $485.89 USD, which puts it down by approximately 6.24% from yesterday. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 0.9% above its 20 day moving average, and is currently in an up trend over the past 14 days. In terms of an expected trading range, the Bollinger bands on Maker suggest price may bounce between $433.7315 and $529.3445 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.

Get your analysis of Maker (MKR) here on CryptoCoin.news. And for daily analysis and recaps of the 5 major cryptocurrencies, visit CFDTrading.com.

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 $488 million.

Daily Engagement Metrics Update

Yesterday saw 804 transfers amongst holders of Maker. Regarding a tally of holders, Yesterday saw Maker’s wallet count rise by 18. If we observe percentage growth in holders and transfers, we find that Maker ranks 13 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 98.17%. 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 2.06% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.07% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.69%. 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?

The last activity date on Maker’s GitHub repository was January 19, 2020, or about 1 days ago. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Maker are growing by 0.13 and 0.87, respectively, over the past 30 days.

Maker’s Social Media Presence

If you are interested in following Maker on social media, Twitter, where it has 36,390 following it, may be a good place to start. 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

At the time of this writing, Maker has a price of $485.89 USD, which puts it down by approximately 6.24% from yesterday. […]

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