Price Action
Since last week, Basic Attention Token’s price went down by -3.51%. It is below its 20 day moving average by 5.04%, so it’s somewhat away. Basic Attention Token’s bullish momentum, based on its distance from its 20 day moving average, is pretty far negative compared to the other coins we’re covering, and thus may be due for a correction upwards or some kind of a period of low volatility. In terms of volatility, Basic Attention Token exhibits greater price volatility than approximately 9% of coins in our index, so this coin might not move much — something traders and investors will certainly want to keep in mind. Based on volatility over the past three weeks, we can expect Basic Attention Token to experience a price range in US dollars between 0.3160694 and $0.3726506.
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 2,386,954 and 35,931,706 units of its own currency. In the three weeks prior, both price and volume have been declining. 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 1.41%. Its trading turnover percentage is higher than about 42.27% of the coins we’re tracking, 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
The number of wallets holding Basic Attention Token went from 146,605 to 151,237 in the past week, marking a change of 3.16%. As for overall transactions, they increased from 1,046,929 to 1,068,982 — an increase of 2.11%. The combined engagement growth rate (growth rate in holders plus growth rate in transfers) of Basic Attention Token is thus at 5.27% which, relatively speaking, is ahead of 74.29% 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
Basic Attention Token currently has 30 public repositories on GitHub, with the oldest one now 2.66 years young. Its most recent public update was within the past day, which is pretty good, as it suggests the coin is still under active and rapid technical development. Basic Attention Token’s public repositories collectively have a total of 241 watchers, which is below average relative to its peers; that’s more than only 40 % of the 100 similar coins in our index. The coin has 114 total outstanding issues across all 30 of its public repositories on GitHub. In comparison 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 9 % of the similar coins we track in our index.
Basic Attention Token News and Commentary
We found 2 links over the past week about Basic Attention Token that we thought were especially worth sharing. If possible we included a brief excerpt from the article — be sure to click through for the entire piece.
My first Brave Browser Payout — BAT tokens receive
Why did I switched to Brave Browser over Chrome ? – Ciceer Ghimirey
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
