How Did Basic Attention Token’s Price Fare Yesterday?
Basic Attention Token is up by approximately 9.11% from the previous day, with its price currently hovering around $0.1306 USD. This marked the the 3rd day in a row Basic Attention Token has been up; it is still in a downtrend, and is currently 26.98% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. To help contextualize yesterday’s price move, we can observe that price has rallied 15 of the past 30 days. And in terms of volume, yesterday’s price move ocurred on volume that was 224.93% 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 $0.084104 and $0.273626. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
The currency’s market cap currently stands at $186 million US dollars.
Straight Off the Chain
Over the past 24 hours, NA transfers have been added to the blockchain recording transactions amongst holders of Basic Attention Token. In terms of estimating the number of holders, over the past day the total number of wallets holding Basic Attention Token has gone NA by approximately NA. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at 0.04, with 693 wallets making a transfer this past day and 19,576 wallets having made a transfer in the past month.
Just How Rich are Basic Attention Token’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 92.36% of the money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 4.08% 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 -0.09%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.01%. The underlying smart contract itself for Basic Attention Token owns 0.02% of the total money supply; over the past week, this amount has not changed.
Basic Attention Token’s Social Media Presence
In terms of social media presence, Basic Attention Token saw its Twitter followers and Reddit subscribers go up by 13 and 20 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Basic Attention Token on Twitter here.
Article by SixJupiter
