October 2, 2019: Basic Attention Token (BAT): Down 2.7%; 2nd Straight Down Day


How Did Basic Attention Token’s Price Fare Yesterday?

At the time of this writing, Basic Attention Token has a price of $0.1656 USD, which puts it down by approximately 2.7% from yesterday. This marked the the 2nd straight day Basic Attention Token has been down; it is still in a downtrend, and is currently 7.32% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Basic Attention Token imply the currency may oscillate between $0.146948 and $0.210392, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.

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The currency’s market cap currently stands at $221 million US dollars.

Straight Off the Chain

1,145 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 up by approximately 206. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Basic Attention Token ranked 18 out of the 32 Ethereum tokens we’re tracking.

How are the Strong Holders of Basic Attention Token Faring?

In terms of wealth concentration, the richest 1,000 wallets own 86.91% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.23% of the currency’s money supply. Exchange ownership grew by 0.04% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.01% over that time period. 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 October 01, 2019, or approximately 1 days before. Over the past 30 days, we’ve seen open issues across Basic Attention Token’s GitHub repositories grow by 0.03 per day on average, while the number of watchers has grown by 0.1.

Basic Attention Token’s Social Media Presence

In the past day, Basic Attention Token’s Twitter followers and Reddit subscribers went up by 20 and 26, respectively. Traders interested in following Basic Attention Token has the biggest presence on Twitter, where it has 106,025 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.

Article by SixJupiter

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