April 15, 2020: Basic Attention Token (BAT): Down 2.11%

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How Did Basic Attention Token’s Price Fare Yesterday?

Basic Attention Token is down by approximately 2.11% from the previous day, with its price currently hovering around $0.1625 USD. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 6.51% above its 20 day moving average, and is currently in an up trend over the past 14 days. Another data point we may find worthy of observation is that price for Basic Attention Token has increased 9 of the previous 14 days. And in terms of volume, yesterday’s price move ocurred on volume that was 220.54% 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 $0.134899 and $0.170241. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.

As for Basic Attention Token’s market cap, it is currently at about $237M US dollars.

Daily Engagement Metrics Update

1,916 transactions amongst holders of Basic Attention Token occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Basic Attention Token has gone up by approximately 363. In terms of recurring usage, we can note that 18,268 wallets have sent or received coins in the past month, while 666 have in the past day.

Just How Rich are Basic Attention Token’s Richest Holders?

In terms of wealth concentration, the richest 1,000 wallets own 90.81% of the coin’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 3.76% 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 -0.11%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.13%. 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

Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 81 and 36 over the past day for Basic Attention Token. Traders interested in following Basic Attention Token has the biggest presence on Twitter, where it has 115,118 users engaged. Here is the Twitter page for Basic Attention Token.

Article by SixJupiter

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