Price Action
Since last week, Basic Attention Token’s price went up by 8.81%. It is below its 20 day moving average by 5.74%, so it’s slightly away. 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 45% of coins in our index, so it’s volatilty is about what you’d expect for a cryptocurrency in our index. Looking ahead, if the upcoming week mirrors the volatility of three past three weeks, the price range for Basic Attention Token in US dollars is expected to be between $0.2020419 and $0.3324581.
Where to trade Basic Attention Token (symbol: BAT): Gate, Yobit, Binance, DDEX, Ethfinex
Volume Update
Over the past week, Basic Attention Token saw its daily volume range between 2,868,924 and 29,638,545 units of its own currency. Over the past three weeks, both price and volume have been declining. Basic Attention Token experienced a turnover rate of about 1.11% over the past week, which means that is the percent of its available money supply that is traded daily. Its turnover rate is more than approximately 50% of the cryptocurrencies in our index, so it’s middle-of-the-pack; investors/traders may thus wish to consider their liquidity requirements to make sure the coin matches their needs and their expected trading volume.
Engagement Update
Basic Attention Token saw the number of wallets holding its coin go from 170,915 to 173,001 over the past week — a change of 1.22%. And in regards to cumulative transactions logged on the blockchain, they went from 1,170,028 to 1,184,604, which amounts to a change of 1.25%. This translates to a combined engagement growth rate of 2.47% for Basic Attention Token — which is higher than 87.19% of the cryptocurrencies we’re reporting on. One interpretation of this may be that the coin may be on track to getting and sustaining actual usage.
Technology Development Status
At the moment, Basic Attention Token has 30 repositories open to the public on GitHub, with the oldest one now being 2.78 years young. The last recorded update to its public repositories was within the past week which is not bad, as the coin is still being updated routinely. Basic Attention Token’s public repositories collectively have a total of 246 watchers, which is about average compared to other similar coins; that’s more than approximately 43 % of coins in its index. The coin has 120 outstanding issues in the backlog awaiting to be addressed by the core development team. Its number of watchers, when viewed against 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 8 % of the similar coins we track in our index.
Basic Attention Token News and Commentary
The top theme being discussed about Basic Attention Token in the past week is listed below. Where available, we included a snippet of the article that we thought might be interesting.
Basic Attention Token: Brave Ads now available on Brave Android browser and Partnersh
Excerpt:
Users can earn BAT rewards for consenting to viewing ads in the Brave browser, while at the same time earning TFUEL for relaying video on the Theta Network.
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
