Price Action
Over the past week, Basic Attention Token saw its price go up by 3.55%. It is above its 20 day moving average by 2.4%, so it’s fairly close. Basic Attention Token’s bullish momentum, if assessed by its distance from its 20 day moving average, is roughly middle-of-the-pack relative to the cryptos we’re tracking. Now when considering volatility, Basic Attention Token is more prone to sizable price moves than 21% of coins in our index, so it’s notably less volatile than the other cryptocurrencies we’re monitoring. Based on volatility over the past three weeks, we can expect Basic Attention Token to experience a price range in US dollars between 0.2916361 and $0.3577539.
Where to trade Basic Attention Token (symbol: BAT): Gate, Yobit, Binance, DDEX, Ethfinex
Volume Update
In the span of the preceding 7 days, Basic Attention Token’s daily volume, in terms of its own unit of currency, has fluctuated between 124,090.7 and 20,461,174. Looking back over past 21 days, the trend in volume does not have a clear direction, while the price trend is clearly down. The past 7 days saw Basic Attention Token’s trading turnover — meaning the percentage of its available supply that was traded — come in at 0.26%. Its trading turnover percentage is higher than about 14.71% of the coins we’re tracking, so it’s well below average; this coin may be hard to get into and out of, and thus is suitable only for those interested in holding and exiting slowly and patiently.
Engagement Update
Basic Attention Token saw the number of wallets holding its coin go from 160,755 to 163,982 over the past week — a change of 2.01%. As for overall transactions, they increased from 1,108,821 to 1,132,169 — an increase of 2.11%. Basic Attention Token’s combined growth rate — meaning the sum of its growth rate in holders and transactions — is 4.12% which puts it ahead of 69.70% of the coins in our index. One interpretation of this may be that the coin’s engagement is growing at an above average rate.
Technology Development Status
At the moment, Basic Attention Token has 30 repositories open to the public on GitHub, with the oldest one now being 2.72 years young. Its most recent public update was within the past week which is not bad, as the coin is still being updated routinely. Basic Attention Token’s public repos now have 243 which is about average compared to other similar coins; that’s more than approximately 58 % of coins in its index. The coin has 110 total outstanding issues across all 30 of its public repositories on GitHub. Relative to the number of watchers it has, though, its open issues count is quite poor, and may potentially indicate some concern that the software is at risk of not being updated fast enough. Our hypothesis that the open issue/watcher ratio may be of some value in assessing the healthiness of a coin’s software development process, and for Basic Attention Token, this ratio was better than a mere 12 % of the similar coins we track in our index.
Basic Attention Token News and Commentary
Over the past week, we found one link about Basic Attention Token that we thought was particularly interesting. If possible we included a brief excerpt from the article — be sure to click through for the entire piece.
What Is The Basic Attention Token (BAT) – ALTCOIN MAGAZINE
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
