How Did Basic Attention Token’s Price Fare Yesterday?
Basic Attention Token’s current price, at the time of this writing, is $0.1245 USD, up by approximately 1.8% from the day prior. The up day for Basic Attention Token yesterday was a reversal from the day before it, which puts its price at 37.57% below its 20 day moving average. Over the past two weeks, price has been in a down trend. Another data point we may find worthy of observation is that price for Basic Attention Token has increased 8 of the previous 14 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 184.4% greater than its 7 day average volume.
As for Basic Attention Token’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 $0.105436 and $0.293414. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
The currency’s market cap currently stands at $179 million US dollars.
Straight Off the Chain
NA transactions amongst holders of Basic Attention Token occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Basic Attention Token NA by NA. To understand loyalty or repeat usage amongst holders of Basic Attention Token, we can note that there were 1,333 wallets making a transaction yesterday, while 20,339 wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about 0.07.
Observing Basic Attention Token’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 92.36% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 4.38% 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 -0.19% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.05%. Basic Attention Token’s smart contract owns approximately 0.02% of its own total money supply. This amount hasn’t changed over the past week.
The Latest on Basic Attention Token and Social Media
In the past day, Basic Attention Token’s Reddit subscribers went up by 38, respectively. Traders interested in following Basic Attention Token has the biggest presence on Twitter, where it has 111,525 users engaged. Here is the Twitter page for Basic Attention Token.
Article by SixJupiter
