March 29, 2020: Basic Attention Token (BAT): Down 2.38%; 3rd Straight Down Day
March 29, 2020: Basic Attention Token (BAT): Down 2.38%; 3rd Straight Down Day

By Tokenhell.com | Tokenhell | 30 Mar 2020


How Did Basic Attention Token’s Price Fare Yesterday?

At the time of this writing, Basic Attention Token has a price of $0.1352 USD, which puts it down by approximately 2.38% from yesterday. Basic Attention Token is currently in an up, and it should be noted that this is now the the 3rd straight day that price has been down. Moreover, Basic Attention Token is now 2.8% below its 20 day moving average. From another vantage point, note that price has gone up 1 of the past 5 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 144.48% greater than its 7 day average volume.

As for 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 $0.114068 and $0.164122. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.

Also Read: $45,000 worth of BTC Has Been Stolen By a Network of Fake Bitcoin QR Code Generators This Month

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The currency’s market cap currently stands at $195 million US dollars.

Update on Transactions and Holders

Over the past 24 hours, 1,098 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 97. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at 0.03, with 593 wallets making a transfer this past day and 20,248 wallets having made a transfer in the past month.

Also Read: Bitcoin Price Falls Below $6,000 on Declining Trading Volume

Just How Rich are Basic Attention Token’s Richest Holders?

In terms of wealth concentration, the richest 1,000 wallets own 92% of the coin’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 3.86% 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 -0.1% 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.

The Latest on Basic Attention Token and Social Media

In the past day, Basic Attention Token’s Twitter followers and Reddit subscribers went up by 66 and 23, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring.

Also Read: Does Bitcoin Price Follow a ‘4-Year Cycle’?

 


Tokenhell.com
Tokenhell.com

Tokehell is a Google News Approved Blockchain & Crypto News Agency Where You Can Discover News About Cryptocoins, Technical analysis, Blockchain Events, Coin Prices Marketcap And Detailed Reviews on ICOs, IEOs. STOs.


Tokenhell
Tokenhell

Tokehell is a Google News Approved Blockchain & Crypto News Agency Where You Can Discover News About Cryptocoins, Technical analysis, Blockchain Events, Coin Prices Marketcap And Detailed Reviews on ICOs, IEOs. STOs.

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