January 8, 2020: Basic Attention Token (BAT): Up 1.62%; Surprising Moves In Holders Added

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How Did Basic Attention Token’s Price Fare Yesterday?

Basic Attention Token is up by approximately 1.62% from the previous day, with its price currently hovering around $0.1944 USD. Basic Attention Token enters the day 8.93% above its 20 day moving average, and is experiencing its the 2nd straight day up. 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 $0.154157 and $0.202763, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.

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The currency’s market cap currently stands at $271 million US dollars.

Unusual Developments

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

Update on Transactions and Holders

7,416 transactions amongst holders of Basic Attention Token occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Basic Attention Token jump by 1711. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Basic Attention Token ranked 2 out of the 32 Ethereum tokens we’re tracking.

How are the Strong Holders of Basic Attention Token Faring?

The top 1,000 Basic Attention Token wallets hold over 88.91% of the token’s total money supply. 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 3.01% 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 -0.02%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.15%. The underlying smart contract itself for Basic Attention Token owns 0.02% of the total money supply; over the past week, this amount has not changed.

How Much Development is Occurring?

Basic Attention Token hasn’t had any activity on any of its GitHub repos since January 05, 2020 — 3 days prior. Over the past 30 days, we’ve seen open issues across Basic Attention Token’s GitHub repositories grow by 0.07 per day on average, while the number of watchers has grown by 0.03.

What’s Going on Social Media?

In terms of social media presence, Basic Attention Token saw its Twitter followers and Reddit subscribers go up by 97 and 106 over the past 24 hours. If you are interested in following Basic Attention Token on social media, Twitter, where it has 109,677 following it, may be a good place to start. Here is the Twitter page for Basic Attention Token.

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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