Basic Attention Token Price Update
Basic Attention Token is down by approximately 3.67% from the previous day, with its price currently hovering around $0.1731 USD. This marked the the 2nd day in a row Basic Attention Token has been down; it is still in a downtrend, and is currently 13.68% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Basic Attention Token suggest price may bounce between $0.170392 and $0.230658 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
Where to trade Basic Attention Token (symbol: BAT): Gate, Yobit, Binance, DDEX, Ethfinex
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 $230 million.
Unusual Developments
Yesterday, the metrics holders added and transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Straight Off the Chain
4,004 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 972. To provide context, we’d rank this token as 16 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Basic Attention Token’s Richest Wallets
The top 1,000 Basic Attention Token wallets hold over 87.61% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.31% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.1% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.06%. 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.
How Active are the Software Developers?
In terms of how active the software development team working on Basic Attention Token is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on August 20, 2019, or approximately 1 days before. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.37 per day, while the number of followers watching Basic Attention Token’s repositories is growing by 0.23.
What’s Going on Social Media?
Social media growth, in terms of Reddit subscribers, came in at up 29 over the past day for Basic Attention Token. If you are interested in following Basic Attention Token on social media, Twitter, where it has 105,195 following it, may be a good place to start. Here is the Twitter page for Basic Attention Token.
Where to Buy
You can trade Basic Attention Token, listed under the symbol BAT, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
