Basic Attention Token Price Update
At the time of this writing, Basic Attention Token has a price of $0.167 USD, which puts it up by approximately 3.73% from yesterday. This marked the the 9th consecutive day Basic Attention Token has been up; it is still in a unclear trend, and is currently 16.47% 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 10 of the past 14 days. Another data point we may find worthy of observation is that price for Basic Attention Token has increased 10 of the previous 14 days.
In terms of an expected trading range, the Bollinger bands on Basic Attention Token suggest price may bounce between $0.124939 and $0.161841 based on its momentum and volatility over the past 14 days. 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 $242M US dollars.
Straight Off the Chain
Over the past 24 hours, 7,187 transfers have been added to the blockchain recording transactions 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 2219. To understand loyalty or repeat usage amongst holders of Basic Attention Token, we can note that there were 1,337 wallets making a transaction yesterday, while 18,636 wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about 0.07.
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 91.78% 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 3.9% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.15%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.04%. 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
If you are interested in following Basic Attention Token on social media, Twitter, where it has 114,592 following it, may be a good place to start. You can follow Basic Attention Token on Twitter here.
Article by SixJupiter
