How Did Basic Attention Token’s Price Fare Yesterday?
At the time of this writing, Basic Attention Token has a price of $0.1706 USD, which puts it down by approximately 14.31% from yesterday. This marked the the 2nd day in a row Basic Attention Token has been down; it is still in a downtrend, and is currently 23.66% 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 2 of the past 5 days. And in terms of volume, yesterday’s price move ocurred on volume that was 5.08% greater than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on Basic Attention Token suggest price may bounce between $0.18437 and $0.26258 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
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 $246 million.
Straight Off the Chain
NA transactions amongst holders of Basic Attention Token occurred yesterday. Regarding a tally of holders, Yesterday saw Basic Attention Token’s wallet count NA by NA. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at 0.04, with 979 wallets making a transfer this past day and 21,765 wallets having made a transfer in the past month.
Observing Basic Attention Token’s Richest Wallets
And in regards to wealth distribution, note that the top 1,000 Basic Attention Token wallets hold over 92.45% 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 4.08% of the currency’s money supply. Exchange ownership grew by -0.14% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.1% over that time period. 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.
What’s Going on Social Media?
In the past day, Basic Attention Token’s Twitter followers and Reddit subscribers went up by 94 and 104, respectively. If you are interested in following Basic Attention Token on social media, Twitter, where it has 111,459 following it, may be a good place to start. You can follow Basic Attention Token on Twitter here.
Article by SixJupiter
