Basic Attention Token Price Update
At the time of this writing, Basic Attention Token has a price of $0.166 USD, which puts it up by approximately 3.36% from yesterday. The up day for Basic Attention Token yesterday was a reversal from the day before it, which puts its price at 14.86% above its 20 day moving average. Over the past two weeks, price has been in an up trend. Another data point we may find worthy of observation is that price for Basic Attention Token has increased 9 of the previous 10 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 497.04% greater than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on Basic Attention Token suggest price may bounce between $0.124866 and $0.164194 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
As for Basic Attention Token’s market cap, it is currently at about $243M US dollars.
Straight Off the Chain
Over the past 24 hours, 3,561 transfers have been added to the blockchain recording transactions amongst holders of Basic Attention Token. As for the number of holders, yesterday saw the number of wallets holding Basic Attention Token rise by 658. To understand loyalty or repeat usage amongst holders of Basic Attention Token, we can note that there were 945 wallets making a transaction yesterday, while 18,869 wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about 0.05.
Just How Rich are Basic Attention Token’s Richest Holders?
And in regards to wealth distribution, note that the top 1,000 Basic Attention Token wallets hold over 91.02% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.89% of the currency’s money supply. Exchange ownership grew by 0.07% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.13% over that time period. Basic Attention Token’s smart contract owns approximately 0.02% of its own total money supply. This amount hasn’t changed over the past week.
What’s Going on Social Media?
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
