Basic Attention Token: What’s the Latest Regarding its Price?
At the time of this writing, Basic Attention Token has a price of $0.1449 USD, which puts it up by approximately 0.91% from yesterday. This marked the the 4th straight day Basic Attention Token has been up; it is still in a unclear trend, and is currently 7.4% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. To help contextualize yesterday’s price move, we can observe that price has rallied 18 of the past 30 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 283.3% 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 $0.118598 and $0.151242. Price’s current proximity to the top of the range may make shorting 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 $209 million.
Straight Off the Chain
Over the past 24 hours, 1,986 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 increase by 266. To understand loyalty or repeat usage amongst holders of Basic Attention Token, we can note that there were 567 wallets making a transaction yesterday, while 19,296 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.
Just How Rich are Basic Attention Token’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 91.97% of the money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.86% 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 -0.06%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.17%. 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.
The Latest on Basic Attention Token and Social Media
Traders interested in following Basic Attention Token has the biggest presence on Twitter, where it has 114,127 users engaged. You can follow Basic Attention Token on Twitter here.
Article by SixJupiter
