Basic Attention Token: What’s the Latest Regarding its Price?
Basic Attention Token is up by approximately 0.5% from the previous day, with its price currently hovering around $0.1597 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 5.22% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. Another data point we may find worthy of observation is that price for Basic Attention Token has increased 2 of the previous 5 days. And in terms of volume, yesterday’s price move ocurred on volume that was 162.88% greater than its 7 day average volume.
Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Basic Attention Token imply the currency may oscillate between $0.133297 and $0.170263, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
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 $232 million.
Update on Transactions and Holders
Over the past 24 hours, 2,266 transfers have been added to the blockchain recording transactions amongst holders of Basic Attention Token. As for the number of holders, yesterday saw the number of wallets holding Basic Attention Token rise by 704. To understand loyalty or repeat usage amongst holders of Basic Attention Token, we can note that there were 676 wallets making a transaction yesterday, while 18,186 wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about 0.04.
Just How Rich are Basic Attention Token’s Richest Holders?
And in regards to wealth distribution, note that the top 1,000 Basic Attention Token wallets hold over 90.81% of the token’s total money supply. 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 3.99% 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 -0.11% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.12%. 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.
Basic Attention Token’s Social Media Presence
In the past day, Basic Attention Token’s Reddit subscribers went up by 27, respectively. If you are interested in following Basic Attention Token on social media, Twitter, where it has 115,037 following it, may be a good place to start. You can follow Basic Attention Token on Twitter here.
Article by SixJupiter
