March 26, 2020: Basic Attention Token (BAT): Up 1.41%; Price Crosses 20 Day Average

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Basic Attention Token: What’s the Latest Regarding its Price?

At the time of this writing, Basic Attention Token has a price of $0.1508 USD, which puts it up by approximately 1.41% from yesterday. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 1.11% above its 20 day moving average, and is currently in an up trend over the past 14 days. From another vantage point, note that price has gone up 3 of the past 5 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 369.96% 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 $0.123771 and $0.174529 based on its momentum and volatility over the past 14 days. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.

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 $218 million.

Update on Transactions and Holders

Over the past 24 hours, NA transfers have been added to the blockchain recording transactions amongst holders of Basic Attention Token. 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. In terms of recurring usage, we can note that 20,255 wallets have sent or received coins in the past month, while 855 have in the past day.

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 92.06% 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 4.02% 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 -0.04%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.05%. 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 Twitter followers and Reddit subscribers went up by 923 and 39, respectively. If you are interested in following Basic Attention Token on social media, Twitter, where it has 112,849 following it, may be a good place to start. Use this link to follow Basic Attention Token on Twitter.

Article by SixJupiter

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