Price Action
Since last week, Basic Attention Token’s price went down by -6.53%. It is below its 20 day moving average by 0.42%, which is quite 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. In terms of volatility, Basic Attention Token exhibits greater price volatility than approximately 27% 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 0.2741644 and $0.3472556.
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 3,069,464 and 79,057,647 units of its own currency. Looking back over past 21 days, the trend in volume does not have a clear direction, while the price trend is clearly down. Over the past week, Basic Attention Token saw its trading turnover — which we define as average daily trading volume divided by circulating supply — register at 2.05%. This turnover rate is higher than approximately 54.9% of the cryptocurrencies we monitor, which means 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 162,911 to 166,109 over the past week — a change of 1.96%. As for overall transactions, they increased from 1,122,601 to 1,145,127 — an increase of 2.01%. The combined engagement growth rate (growth rate in holders plus growth rate in transfers) of Basic Attention Token is thus at 3.97% which, relatively speaking, is ahead of 61.76% of the cryptocurrencies we’re tracking. 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 2.74 years young. Its most recent public update was more than a week ago which is potentially concerning; more than a week without an update may suggest development is too slow. Basic Attention Token’s public repositories collectively have a total of 243 watchers, which is about average compared to other similar coins; that’s more than approximately 43 % of coins in its index. The coin has 115 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 12 % of the similar coins we track in our index.
Basic Attention Token News and Commentary
Over the past week, we found 2 links about Basic Attention Token that we found especially interesting. If available, we added an excerpt from the article to help give a taste of what it is about.
Fix podcasting’s problems… on the same model as Brave b
Basic Attention Token: New Ad-blocker Engine, A two-way wallet and mobile password sy
Snippet:
It’s not about BAT, though Brave is supporting it….There was a need for improvement because Brave Shields are an important part of the browser and they protect users’ privacy from trackers and ads by handling every web request that is needed to load a website.
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
