October 7, 2019: Basic Attention Token (BAT): Up 4.8%; Unusual Moves In Transfers Added

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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 $0.1944 USD, which puts it up by approximately 4.8% from yesterday. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 6.47% 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 $0.154351 and $0.210819. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.

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The currency’s market cap currently stands at $252 million US dollars.

What Anamolies Occurred Since Yesterday?

The following metrics showed unusual change over the past 24 hours for Basic Attention Token: transfers added. Further investigation may be warranted.

Update on Transactions and Holders

Over the past 24 hours, 5,647 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 up by approximately 316. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Basic Attention Token ranked 14 out of the 32 Ethereum tokens we’re tracking.

Observing Basic Attention Token’s Richest Wallets

Of the coin’s total money supply, the richest 1,0000 wallets currently own 86.9%. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 3% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.04% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.21%. The underlying smart contract itself for Basic Attention Token owns 0.02% of the total money supply; over the past week, this amount has not changed.

How Much Development is Occurring?

Basic Attention Token hasn’t had any activity on any of its GitHub repos since October 04, 2019 — 3 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Basic Attention Token are growing by -0.07 and 0.13, respectively, over the past 30 days.

What’s Going on Social Media?

In the past day, Basic Attention Token’s Twitter followers and Reddit subscribers went up by 112 and 41, respectively. If you are interested in following Basic Attention Token on social media, Twitter, where it has 106,154 following it, may be a good place to start. You can follow Basic Attention Token on Twitter here.

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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