May 6, 2020: Basic Attention Token (BAT): Up 1.08%

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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 $0.188 USD, which puts it up by approximately 1.08% 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 5.55% above its 20 day moving average, and is currently in an up trend over the past 14 days. Another data point we may find worthy of observation is that price for Basic Attention Token has increased 18 of the previous 30 days. Another data point we may find worthy of observation is that price for Basic Attention Token has increased 18 of the previous 30 days.

In terms of an expected trading range, the Bollinger bands on Basic Attention Token suggest price may bounce between $0.165115 and $0.191115 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.

As for Basic Attention Token’s market cap, it is currently at about $278M US dollars.

Straight Off the Chain

Yesterday saw 2,393 transfers amongst holders of Basic Attention Token. As for the number of holders, yesterday saw the number of wallets holding Basic Attention Token rise by 619. 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 906 wallets making a transfer this past day and 20,757 wallets having made a transfer in the past month.

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 90.46% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.38% 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 0.06% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.11%. 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.

Basic Attention Token’s Social Media Presence

In terms of social media presence, Basic Attention Token saw its Twitter followers and Reddit subscribers go up by 220 and 92 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Basic Attention Token.

Article by SixJupiter

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