January 23, 2020: Basic Attention Token (BAT): Down 3.06%; 3rd Straight Down Day

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Basic Attention Token Price Update

Basic Attention Token’s current price, at the time of this writing, is $0.2124 USD, down by approximately 3.06% from the day prior. Basic Attention Token enters the day 4.19% above its 20 day moving average, but is experiencing its the 3rd straight day down. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Basic Attention Token imply the currency may oscillate between $0.173675 and $0.234025, based on how price has behaved in the two weeks prior. 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 currency’s market cap currently stands at $311 million US dollars.

Update on Transactions and Holders

3,276 transactions amongst holders of Basic Attention Token occurred yesterday. Regarding a tally of holders, Yesterday saw Basic Attention Token’s wallet count rise by 552. To provide context, we’d rank this token as 13 out of the 30 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

How are the Strong Holders of Basic Attention Token Faring?

In terms of wealth concentration, the richest 1,000 wallets own 88.93% of the coin’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 4.66% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0.04% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.01%. As for the Basic Attention Token’s smart contract itself, that owns 0.02% of the total money supply, an amount unchanged from the week prior.

Technical Development Status

Basic Attention Token hasn’t had any activity on any of its GitHub repos since January 21, 2020 — 2 days prior. 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 0.17 per day, while the number of followers watching Basic Attention Token’s repositories is growing by 0.1.

The Latest on Basic Attention Token and Social Media

Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 42 and 43 over the past day for Basic Attention Token. If you are interested in following Basic Attention Token on social media, Twitter, where it has 110,155 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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