How Did Basic Attention Token’s Price Fare Yesterday?
Basic Attention Token’s current price, at the time of this writing, is $0.1223 USD, down by approximately 1.53% from the day prior. Basic Attention Token enters the day 24.14% below its 20 day moving average, and is experiencing its the 2nd straight day down. Another data point we may find worthy of observation is that price for Basic Attention Token has increased 14 of the previous 30 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 376.31% 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 $0.103071 and $0.219369. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
The market capitalization of Basic Attention Token, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $177 million.
Straight Off the Chain
NA transactions amongst holders of Basic Attention Token occurred yesterday. Regarding a tally of holders, Yesterday saw Basic Attention Token’s wallet count NA by NA. To understand loyalty or repeat usage amongst holders of Basic Attention Token, we can note that there were 579 wallets making a transaction yesterday, while 20,107 wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about 0.03.
How are the Strong Holders of Basic Attention Token Faring?
In terms of wealth concentration, the richest 1,000 wallets own 92.12% of the coin’s total money supply. 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 4.03% of the currency’s total 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%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.19%. 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.
What’s Going on Social Media?
In terms of social media presence, Basic Attention Token saw its Twitter followers and Reddit subscribers go up by 29 and 32 over the past 24 hours. Traders interested in following Basic Attention Token has the biggest presence on Twitter, where it has 111,603 users engaged. You can follow Basic Attention Token on Twitter here.
Article by SixJupiter
