October 9, 2019: Basic Attention Token (BAT): Down 2.8%; Unusual Moves In Transfers Added

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

Basic Attention Token’s current price, at the time of this writing, is $0.205 USD, down by approximately 2.8% from the day prior. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 11.47% above its 20 day moving average, and is currently in an up trend over the past 14 days. 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 $0.148167 and $0.219633, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.

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The currency’s market cap currently stands at $284 million US dollars.

Basic Attention Token’s Surprises of the Day

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

Straight Off the Chain

Over the past 24 hours, 3,041 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 340. To provide context, we’d rank this token as 11 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Observing Basic Attention Token’s Richest Wallets

Of the coin’s total money supply, the richest 1,0000 wallets currently own 86.9%. 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 3.13% 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 -0.01% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.1%. As for the Basic Attention Token’s smart contract itself, that owns 0.02% of the total money supply, an amount unchanged from the week prior.

How Much Development is Occurring?

Basic Attention Token hasn’t had any activity on any of its GitHub repos since October 04, 2019 — 5 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 0.03 and 0.13, respectively, over the past 30 days.

Basic Attention Token’s Social Media Presence

Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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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