April 11, 2020: Basic Attention Token (BAT): Up 0.56%

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Basic Attention Token: What’s the Latest Regarding its Price?

Basic Attention Token’s current price, at the time of this writing, is $0.163 USD, up by approximately 0.56% 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 8.91% above its 20 day moving average. Over the past two weeks, price has been in an up trend. Another data point we may find worthy of observation is that price for Basic Attention Token has increased 3 of the previous 5 days. And in terms of volume, yesterday’s price move ocurred on volume that was 282.6% greater than its 7 day average volume.

In terms of an expected trading range, the Bollinger bands on Basic Attention Token suggest price may bounce between $0.125521 and $0.173799 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.

As for Basic Attention Token’s market cap, it is currently at about $238M US dollars.

Straight Off the Chain

Over the past 24 hours, 3,794 transfers have been added to the blockchain recording transactions amongst holders of Basic Attention Token. Regarding a tally of holders, Yesterday saw Basic Attention Token’s wallet count rise by 364. In terms of recurring usage, we can note that 18,926 wallets have sent or received coins in the past month, while 1,004 have in the past day.

How are the Strong Holders of Basic Attention Token Faring?

And in regards to wealth distribution, note that the top 1,000 Basic Attention Token wallets hold over 90.84% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.94% 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 -0.17% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.08%. 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

Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 101 and 44 over the past day for Basic Attention Token. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Basic Attention Token.

Article by SixJupiter

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