April 20, 2020: Basic Attention Token (BAT): Up 1.15%


Basic Attention Token Price Update

At the time of this writing, Basic Attention Token has a price of $0.1671 USD, which puts it up by approximately 1.15% from yesterday. The up day for Basic Attention Token yesterday was a reversal from the day before it, which puts its price at 4.84% above its 20 day moving average. Over the past two weeks, price has been in a unclear trend. To help contextualize yesterday’s price move, we can observe that price has rallied 8 of the past 14 days. And in terms of volume, yesterday’s price move ocurred on volume that was 229.57% 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 $0.150367 and $0.168403. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.

The currency’s market cap currently stands at $244 million US dollars.

Update on Transactions and Holders

Yesterday saw 2,414 transfers amongst holders of Basic Attention Token. 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 382. In terms of recurring usage, we can note that 17,928 wallets have sent or received coins in the past month, while 641 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 90.74% 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 3.56% of the currency’s money supply. Exchange ownership grew by -0.22% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.08% over that time period. 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

In terms of social media presence, Basic Attention Token saw its Reddit subscribers go up by 33 over the past 24 hours. Traders interested in following Basic Attention Token has the biggest presence on Twitter, where it has 115,290 users engaged. Use this link to follow Basic Attention Token on Twitter.

Article by SixJupiter

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