Basic Attention Token: What’s the Latest Regarding its Price?
Basic Attention Token is down by approximately 0.09% from the previous day, with its price currently hovering around $0.2198 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 17.32% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. From another vantage point, note that price has gone up 16 of the past 30 days. Another data point we may find worthy of observation is that price for Basic Attention Token has increased 16 of the previous 30 days.
As for Basic Attention Token’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $0.220734 and $0.310956. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
The currency’s market cap currently stands at $312 million US dollars.
Update on Transactions and Holders
Over the past 24 hours, 2,508 transfers have been added to the blockchain recording transactions amongst holders of Basic Attention Token. Regarding a tally of holders, Yesterday saw Basic Attention Token’s wallet count rise by 189. To understand loyalty or repeat usage amongst holders of Basic Attention Token, we can note that there were 846 wallets making a transaction yesterday, while 23,346 wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about 0.04.
Just How Rich are Basic Attention Token’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 93.08% of the money supply.
The Latest on Basic Attention Token and Social Media
In terms of social media presence, Basic Attention Token saw its Twitter followers and Reddit subscribers go up by 7 and 50 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Basic Attention Token.
Article by SixJupiter
