April 30, 2020: Basic Attention Token (BAT): Down 4.65%

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Basic Attention Token Price Update

Basic Attention Token’s current price, at the time of this writing, is $0.1845 USD, down by approximately 4.65% from the day prior. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 8.33% 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 21 of the previous 30 days. Another data point we may find worthy of observation is that price for Basic Attention Token has increased 21 of the previous 30 days.

In terms of an expected trading range, the Bollinger bands on Basic Attention Token suggest price may bounce between $0.147849 and $0.192791 based on its momentum and volatility over the past 14 days. 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 $269 million.

Straight Off the Chain

3,346 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 511. In terms of recurring usage, we can note that 19,397 wallets have sent or received coins in the past month, while 962 have in the past day.

Observing Basic Attention Token’s Richest Wallets

And in regards to wealth distribution, note that the top 1,000 Basic Attention Token wallets hold over 90.47% of the token’s total 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 3.32% 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 -0.2% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.21%. 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.

Basic Attention Token’s Social Media Presence

Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Basic Attention Token on Twitter here.

Article by SixJupiter

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