April 27, 2020: Basic Attention Token (BAT): Down 2.06%

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Basic Attention Token: What’s the Latest Regarding its Price?

Basic Attention Token’s current price, at the time of this writing, is $0.1807 USD, down by approximately 2.06% from the day prior. 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 8.07% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. From another vantage point, note that price has gone up 10 of the past 14 days. And in terms of volume, yesterday’s price move ocurred on volume that was 400.03% 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 $0.148602 and $0.185818. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling 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 $264 million.

Update on Transactions and Holders

Over the past 24 hours, 2,098 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 jump by 392. In terms of recurring usage, we can note that 18,620 wallets have sent or received coins in the past month, while 761 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 90.5% of the money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.29% of the currency’s money supply. Exchange ownership grew by -0.27% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.24% over that time period. As for the Basic Attention Token’s smart contract itself, that owns 0.02% of the total money supply, an amount unchanged from the week prior.

What’s Going on Social Media?

If you are interested in following Basic Attention Token on social media, Twitter, where it has 115,557 following it, may be a good place to start. You can follow Basic Attention Token on Twitter here.

Article by SixJupiter

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