April 17, 2020: Basic Attention Token (BAT): Up 1.45%; 2nd Consecutive Up Day


How Did Basic Attention Token’s Price Fare Yesterday?

Basic Attention Token is up by approximately 1.45% from the previous day, with its price currently hovering around $0.1678 USD. Basic Attention Token is currently in an up, and it should be noted that this is now the the 2nd straight day that price has been up. Moreover, Basic Attention Token is now 8.29% above its 20 day moving average. To help contextualize yesterday’s price move, we can observe that price has rallied 6 of the past 10 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 293.08% 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 $0.14048 and $0.16944. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.

As for Basic Attention Token’s market cap, it is currently at about $244M US dollars.

Update on Transactions and Holders

2,469 transactions amongst holders of Basic Attention Token occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Basic Attention Token increase by 437. In terms of recurring usage, we can note that 18,323 wallets have sent or received coins in the past month, while 718 have in the past day.

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

As for wealth distribution, the richest 1,000 wallets currently own 90.8% of the 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 3.61% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.24%. 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

Social media growth, in terms of Reddit subscribers, came in at up 52 over the past day for Basic Attention Token. If you are interested in following Basic Attention Token on social media, Twitter, where it has 115,190 following it, may be a good place to start. Here is the Twitter page for Basic Attention Token.

Article by SixJupiter

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