Price Action
Over the past week, Basic Attention Token saw its price go down by -0.14%. It is above its 20 day moving average by 1.14%, which is quite close. Basic Attention Token’s bullish momentum, if assessed by 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 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 0.3066637 and $0.4099963.
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 4,407,875 and 49,277,249. Looking back over past 21 days, the trend in volume,like the trend in price, is choppy and does not reveal a clear direction. The past 7 days saw Basic Attention Token’s trading turnover — meaning the percentage of its available supply that was traded — come in at 1.92%. This turnover rate is higher than approximately 46.46% 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
The number of wallets holding Basic Attention Token went from 138,018 to 142,395 in the past week, marking a change of 3.17%. As for overall transactions, they increased from 990,465 to 0 — an increase of -100.00%. This translates to a combined engagement growth rate of -96.83% for Basic Attention Token — which is higher than 0.00% of the cryptocurrencies we’re reporting on. This could indicate that the coin’s usage is not growing much at all.
Technology Development Status
Basic Attention Token currently has 30 public repositories on GitHub, with the oldest one now 2.62 years young. Its last public update to any of its repositories 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 223 which is below average relative to its peers; that’s more than only 28 % of the 100 similar coins in our index. The coin has 104 outstanding issues in the backlog awaiting to be addressed by the core development team. 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 8 % of the similar coins we track in our index.
Basic Attention Token News and Commentary
The top 2 themes being discussed about Basic Attention Token in the past week are listed below. If available, we added an excerpt from the article to help give a taste of what it is about.
Basic Attention Token: Partner AMA with CEO & Co-Founder of TAP
Recap of Lin Dai’s AMA on 5/20/19 – TAP by Hooch
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
