November 18, 2019: Basic Attention Token (BAT): Down 1.79%; Surprising Moves In Holders Added

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
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How Did Basic Attention Token’s Price Fare Yesterday?

Basic Attention Token’s current price, at the time of this writing, is $0.2696 USD, down by approximately 1.79% 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 an up trend, and is currently 8.91% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. Basic Attention Token’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $0.225942 and $0.269158. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.

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January 21, 2020: Basic Attention Token (bat): Down 0.85%

As for Basic Attention Token’s market cap, it is currently at about $375M US dollars.

What Anamolies Occurred Since Yesterday?

Since yesterday, Basic Attention Token saw anomalous behavior in holders added. It may be worth looking into the causes of this a bit more.

Update on Transactions and Holders

Over the past 24 hours, 8,401 transfers have been added to the blockchain recording transactions amongst holders of Basic Attention Token. As for the number of holders, yesterday saw the number of wallets holding Basic Attention Token rise by 1661. To provide context, we’d rank this token as 8 out of the 35 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Observing Basic Attention Token’s Richest Wallets

The top 1,000 Basic Attention Token wallets hold over 87.5% 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 3.16% 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 -0.11% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.24%. 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.

How Active are the Software Developers?

In terms of how active the software development team working on Basic Attention Token is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on November 18, 2019 (today). To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.17 per day, while the number of followers watching Basic Attention Token’s repositories is growing by 0.07.

What’s Going on Social Media?

In the past day, Basic Attention Token’s Twitter followers and Reddit subscribers went up by 237 and 209, respectively. Traders interested in following Basic Attention Token has the biggest presence on Twitter, where it has 108,191 users engaged. Here is the Twitter page for Basic Attention Token.

Where to Buy

You can trade Basic Attention Token, listed under the symbol BAT, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex. January 21, 2020: Basic Attention Token (bat): Down 0.85%

Article by SixJupiter