May 1, 2020: Basic Attention Token (BAT): Up 5.08%


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

Basic Attention Token is up by approximately 5.08% from the previous day, with its price currently hovering around $0.1924 USD. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 12.03% above its 20 day moving average, and is currently in an up trend over the past 14 days. To help contextualize yesterday’s price move, we can observe that price has rallied 21 of the past 30 days. Another data point we may find worthy of observation is that price for Basic Attention Token has increased 21 of the previous 30 days.

In terms of an expected trading range, the Bollinger bands on Basic Attention Token suggest price may bounce between $0.147949 and $0.195521 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 $281 million.

Update on Transactions and Holders

2,998 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 rise by 324. In terms of recurring usage, we can note that 19,748 wallets have sent or received coins in the past month, while 996 have in the past day.

Just How Rich are Basic Attention Token’s Richest Holders?

As for wealth distribution, the richest 1,000 wallets currently own 90.51% of the 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 3.34% 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 -0.07% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.23%. 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.

The Latest on Basic Attention Token and Social Media

In terms of social media presence, Basic Attention Token saw its Twitter followers and Reddit subscribers go up by 64 and 97 over the past 24 hours. Traders interested in following Basic Attention Token has the biggest presence on Twitter, where it has 115,800 users engaged. Here is the Twitter page for Basic Attention Token.

Article by SixJupiter

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