September 18, 2019: Basic Attention Token (BAT): Up 2.76%; Unusual Moves In Holders Added And Transfers Added

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Basic Attention Token Price Update

Basic Attention Token is up by approximately 2.76% from the previous day, with its price currently hovering around $0.19 USD. Basic Attention Token enters the day 8.12% above its 20 day moving average, and is experiencing its the 3rd straight day up. 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 $0.163267 and $0.188183. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.

Where to trade Basic Attention Token (symbol: BAT): Gate, Yobit, Binance, DDEX, Ethfinex

As for Basic Attention Token’s market cap, it is currently at about $248M US dollars.

Unusual Developments

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

Update on Transactions and Holders

3,503 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 0. If we observe percentage growth in holders and transfers, we find that Basic Attention Token ranks 12 out of the 50 Ethereum tokens we are tracking.

How are the Strong Holders of Basic Attention Token Faring?

In terms of wealth concentration, the richest 1,000 wallets own 87.08% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.28% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.13%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.22%. 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.

Technical Development Status

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 September 17, 2019, or approximately 1 days before. 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 per day, while the number of followers watching Basic Attention Token’s repositories is growing by 0.1.

The Latest on Basic Attention Token and Social Media

Social media growth, in terms of Reddit subscribers, came in at up 29 over the past day for Basic Attention Token. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Use this link to follow Basic Attention Token on Twitter.

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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