January 15, 2020: Basic Attention Token (BAT): Up 12.49%; Unusual Moves In Price

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How Did Basic Attention Token’s Price Fare Yesterday?

Basic Attention Token is up by approximately 12.49% from the previous day, with its price currently hovering around $0.2171 USD. This marked the the 2nd day in a row Basic Attention Token has been up; it is still in a unclear trend, and is currently 15.38% 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 $0.171772 and $0.204548. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of 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 $301 million.

Basic Attention Token’s Surprises of the Day

The following metrics showed unusual change over the past 24 hours for Basic Attention Token: price. Further investigation may be warranted.

Daily Engagement Metrics Update

3,821 transactions amongst holders of Basic Attention Token occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Basic Attention Token has gone up by approximately 506. 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.

How are the Strong Holders of Basic Attention Token Faring?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 88.92%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 4.92% 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 0.07%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.75%. 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?

Basic Attention Token hasn’t had any activity on any of its GitHub repos since January 13, 2020 — 2 days prior. Over the past 30 days, we’ve seen open issues across Basic Attention Token’s GitHub repositories grow by 0.43 per day on average, while the number of watchers has grown by 0.07.

What’s Going on Social Media?

In terms of social media presence, Basic Attention Token saw its Reddit subscribers go up by 39 over the past 24 hours. If you are interested in following Basic Attention Token on social media, Twitter, where it has 109,839 following it, may be a good place to start. You can follow Basic Attention Token on Twitter here.

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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