March 17, 2020: Basic Attention Token (BAT): Up 6.09%

0
61
May 11, 2020: Basic Attention Token (bat): Down 3.78%; 3rd Straight Down Day
May 11, 2020: Basic Attention Token (bat): Down 3.78%; 3rd Straight Down Day

Basic Attention Token Price Update

Basic Attention Token’s current price, at the time of this writing, is $0.1185 USD, up by approximately 6.09% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 37.03% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. Another data point we may find worthy of observation is that price for Basic Attention Token has increased 5 of the previous 10 days. Another data point we may find worthy of observation is that price for Basic Attention Token has increased 5 of the previous 10 days.

In terms of an expected trading range, the Bollinger bands on Basic Attention Token suggest price may bounce between $0.085656 and $0.290724 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

March 17, 2020: Basic Attention Token (bat): Up 6.09%

As for Basic Attention Token’s market cap, it is currently at about $170M US dollars.

Daily Engagement Metrics Update

NA 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 NA by approximately NA. To understand loyalty or repeat usage amongst holders of Basic Attention Token, we can note that there were 823 wallets making a transaction yesterday, while 19,882 wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about 0.04.

How are the Strong Holders of Basic Attention Token Faring?

And in regards to wealth distribution, note that the top 1,000 Basic Attention Token wallets hold over 92.39% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 4.14% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.05% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.2%. 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.

What’s Going on Social Media?

In the past day, Basic Attention Token’s Reddit subscribers went up by 39, respectively. Traders interested in following Basic Attention Token has the biggest presence on Twitter, where it has 111,533 users engaged. Use this link to follow Basic Attention Token on Twitter. March 17, 2020: Basic Attention Token (bat): Up 6.09%

Article by SixJupiter