January 13, 2020: Basic Attention Token (BAT): Down 0.84%

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Basic Attention Token Price Update

Basic Attention Token is down by approximately 0.84% from the previous day, with its price currently hovering around $0.1886 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 unclear trend, and is currently 2.5% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $0.178335 and $0.189675. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.

Get your analysis of Basic Attention Token (BAT) here on CryptoCoin.news. And for daily analysis and recaps of the 5 major cryptocurrencies, visit CFDTrading.com.

The market capitalization of Basic Attention Token, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $270 million.

Daily Engagement Metrics Update

Yesterday saw 4,150 transfers amongst holders of Basic Attention Token. As for the number of holders, yesterday saw the number of wallets holding Basic Attention Token rise by 272. If we observe percentage growth in holders and transfers, we find that Basic Attention Token ranks 11 out of the 29 Ethereum tokens we are tracking.

Observing Basic Attention Token’s Richest Wallets

Of the coin’s total money supply, the richest 1,0000 wallets currently own 88.81%. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 4.2% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.1%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 1.18%. Basic Attention Token’s smart contract owns approximately 0.02% of its own total money supply. This amount hasn’t changed over the past week.

How Active are the Software Developers?

In terms of how active the software development team working on Basic Attention Token is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on January 10, 2020, or approximately 3 days before. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.33 per day, while the number of followers watching Basic Attention Token’s repositories is growing by 0.07.

The Latest on Basic Attention Token and Social Media

Traders interested in following Basic Attention Token has the biggest presence on Facebook, where it has NA users engaged.

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

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