April 6, 2020: Basic Attention Token (BAT): Up 4.7%; 8th Straight Up Day

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

Basic Attention Token is up by approximately 4.7% from the previous day, with its price currently hovering around $0.1538 USD. Basic Attention Token is currently in a unclear , and it should be noted that this is now the the 8th straight day that price has been up. Moreover, Basic Attention Token is now 9.34% above its 20 day moving average. From another vantage point, note that price has gone up 8 of the past 10 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 485.9% greater than its 7 day average volume.

Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Basic Attention Token imply the currency may oscillate between $0.127871 and $0.153459, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.

As for Basic Attention Token’s market cap, it is currently at about $222M US dollars.

Update on Transactions and Holders

Yesterday saw 2,405 transfers amongst holders of Basic Attention Token. As for the number of holders, yesterday saw the number of wallets holding Basic Attention Token jump by 504. In terms of recurring usage, we can note that 18,234 wallets have sent or received coins in the past month, while 542 have in the past day.

How are the Strong Holders of Basic Attention Token Faring?

In terms of wealth concentration, the richest 1,000 wallets own 91.83% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.88% of the currency’s money supply. Exchange ownership grew by 0.12% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.09% 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.

What’s Going on Social Media?

In terms of social media presence, Basic Attention Token saw its Twitter followers and Reddit subscribers go up by 129 and 25 over the past 24 hours. Traders interested in following Basic Attention Token has the biggest presence on Twitter, where it has 114,592 users engaged. Here is the Twitter page for Basic Attention Token.

Article by SixJupiter

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