Basic Attention Token Price Live BAT Value Chart & Market Cap 2023

She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena. Treasury yields are putting pressure on global financial markets and possibly dragging cryptocurrency prices lower. BAT or basic attention token price is nothing close to be growing. BAT token has a very active community behind it and an actually applicable use case.

The reason for this is that the higher the view rate, the greater the indication that the marketer has effectively targeted their audience. Naturally, the reward for integrity in targeting among marketers is expected to result in even greater effort being devoted to audience targeting. BAT users on the Brave browser are also rewarded for specific services and premium content options bat current price . Market cap is calculated by multiplying the asset’s circulating supply with its current price. If you have done your research and decided to invest in BAT, you should consider your financial situation. If you’re new to cryptocurrency, it might be wise to start with a small investment until you get some experience with handling crypto assets and the market’s volatility.

To check Basic Attention Token’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page.

How to buy Basic Attention Token?

Earn up to $1,000 when you fund a new account, and earn up to $100 in Bitcoinwith your first qualifying crypto trade . Adding Basic Attention to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. You can copy BAT’s contract address and import it manually, or if you’ve installed MetaMask’s chrome extension, add BAT to MetaMask with one click on CoinGecko. Digital advertising will be disrupted in years to come as more and more internet consumers become more aware of protecting their privacy.

Bith the BAT coin and the Brabe browser were developed by Brendan Eich – a founder of Mozilla project. As a part of the internet browser ecosystem, the token is used as a tool for the enhancement of digital advertising and “attention-based services”. The Basic Attention Token utilizes the work with the user mental engagement to provide efficient information delivery.

As long as the crypto industry continues to gain popularity and the crypto market continues to grow, BAT has a high chance to reach new heights in the future. BAT has been steadily rising since the end of July 2021, and many investors now have their eyes on this cryptocurrency. BAT had a price spike in April 2021, when the whole market was on the rise. That’s when the Basic Attention Token price reached its current ATH of $1.65.

Basic Attention Token Price Prediction 2024

It’s impossible to make price predictions with any kind of certainty as a whole host of different factors can affect BAT’s future value. WAVES However, the more people that use the Brave Browser in future, the more advertisers there will be buying BAT. So it stands to reason that BAT’s price will increase with Brave adoption. BAT’s price at any given time is decided by the balance of supply and demand on exchanges.

It doesn’t have much explosion potential, both according to investors and judging by its price history so far, but it can provide good returns in the long run. It also has a relatively high market cap of over 1 billion USD. The experts in the field of cryptocurrency have analyzed the prices of Basic Attention Token and their fluctuations during the previous years.

Historical Price Sentiments 2017 – 2021

There is also the possibility that BAT could be implemented with other web browsers, which could further expand its reach. Basic Attention Token is designed to act as a digital asset that is exchanged between advertisers, publishers and users. At the moment, BAT’s utility is almost completely tied to the Brave browser, but the token could also be used with other browsers and applications in the future. Basic Attention Token is an Ethereum-based ERC-20 token designed to facilitate value transfers in digital advertising. The BAT token is supported by the Brave web browser, which uses the token to reward users for viewing advertisements as part of an opt-in program. The number of advertisers taking part in the BAT ecosystem will most likely be correlated with the number of Brave Browser users, as advertisers will go where there is a large audience.

It is assumed that in 2026, the minimum BAT price might drop to $1.02, while its maximum can reach $1.25. The Basic Attention Token price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. This metric can be used as a predictive indicator of the asset’s future market capitalization. From bat current price a technological standpoint, Basic Attention Token doesn’t really have any special properties as it is simply a token using the ERC-20 standard that exists on the Ethereum blockchain. Basic Attention Token’s current circulating supply is 1.50B BAT out of max supply of 1.50B BAT. The current yearly supply inflation rate is 0.20% meaning 3.06M BAT were created in the last year.

Basic Attention Token Markets

Fundamental analysis, on the other hand, looks at the finances and activities of a company, as well as the state of the wider market and economy. The speed at which the BAT ICO sold out would appear to be a good sign for its fundamentals. However, only 130 people took part, which could make BAT less decentralized than other coins.

• However, we’ve got an aggregated opinion from those who already have done the analytical part on the TradingView website.
• The exchange will take a small fee for facilitating the transactions.
• In terms of price, Basic Attention Token has an outstanding potential to reach new heights.
• BAT, the native token of Brave browser, it intends to attract the media customers and their attention.
• According to the latest data gathered, the current price of Basic Attention Token is $0.24 and BAT is currently ranked #100 in the entire crypto ecosystem.

The browser uses BAT tokens to incentivize users to click on ads. The future of Basic Attention Token is highly dependent on the overall performance of the crypto industry. When it comes to investing in BAT, you need to make sure that you are using the right strategy. This type of investment is not suited for those with an asymmetric risk profile.

Basic Attention Token’s price is based purely on trading as there is no standard global BAT price, so no one knows what it is “supposed” to cost. The trading volume and liquidity is different for each exchange and those differences are what affect the price. For more information on digital asset risk see FINRA, SEC, and CFPB public advisories.

In order to launch an ad campaign on the Brave browser, advertisers must commit to spending at least $2,500 per month . This must be paid in BAT, so advertisers become a major source of BAT demand – and the more advertisers that join the BAT ecosystem, the more BAT is likely to be worth on the open market. BAT’s huge single-day drop in March 2020 came as economies and borders were closing down around the world in response to the COVID-19 pandemic. The effect of this was felt by the whole cryptocurrency sector and the entire stock market, which experienced the biggest single-day crash since 1987. After bottoming out at $0.10 in February 2019, Basic Attention Token made two and a half months of steady gains before peaking at $0.50 in April. The rest of the year, however, was spent mostly in decline and BAT ended 2019 at a price of $0.18.

The price of BAT could ascend towards its potential high of $1.2921. Trade anytime, anywhere with BuyUcoin Cryptocurrency Trading App. Brave’s anonymous accounting lets advertisers know their ads’ effectiveness without violating privacy.

The BAT price is expected to reach a maximum level of $0.39 at the end of 2023. In five years, Basic Attention Token will have a minimum price of $1.78 and a maximum price of $1.46 per BAT. Since Basic Attention Token is traded on a supply-and-demand basis, its value fluctuates drastically.

Advertisers use it to pay rewards to users for viewing ads and to publishers for creating quality content that attracts attention, measured in dwell time. For publishers who want access to their BAT tips, they must first be verified. By signing up as a verified Brave publisher, content creators can obtain their tokens and even exchange them to a currency of their choice. At the time of this writing, there are over 28,000 verified Brave publishers which include The Guardian, Archive.org, the Washington Post, SourceForge, Nomics.com, and many others. One very unique feature of BAT is that it incentivizes digital marketers when their digital campaigns attract enough views.

The average price of Basic Attention Token might go to $0.34 by the end of this year. If we estimate the five-year plan, it is estimated that the coin will easily reach the $1.50 mark. This rate blends the Supply or Borrow APY with the COMP Distribution APY based on the current price of COMP. Over the last day, Basic Attention Token has had 0% transparent volume and has been trading on 766 active markets with its highest volume trading pairs being . Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources.

This text is informative in nature and should not be considered an investment recommendation. It does not express the personal opinion of the author or service. Any investment or trading is risky, and past returns are not a guarantee of future returns. Many different factors have https://www.beaxy.com/ played a role in determining the price of BAT, including its capped supply, demand from advertisers, and trends in the rest of the crypto market and wider economy. Its current valuation is derived from the balance of supply and demand in the markets and constantly changes.

Basic Attention Token ICO was launched in March’ 2017 and the project spell-bounding raised a capital of $35 million in just 30 seconds of the pre-sale period. On a basic level, BAT works just like any other ERC-20 token on the Ethereum blockchain. The unique thing about BAT is the infrastructure built around it, particularly the Brave web browser. BAT holders can then use the tokens to tip websites and content creators that they visit frequently, or they can just hold and transact with the token as they please. At the time of writing, the Brave browser has more than 25 million monthly active users and over 1 million verified creators that accept BAT.

This makes BAT a scarce asset like Bitcoin and so any increase in demand for BAT should drive up its price. On April 9, 2021, BAT price hit an all-time high of $1.65 after Grayscale Investments announced the launch of its new Basic Attention Token Trust. Between May and June, however, prices tanked by more than 70% as news of the China crackdown and concerns of Bitcoin’s energy consumption plagued the markets.

BAT was founded in 2015 by Brian Bondy and Brendan Eich, co-founder of the Mozilla Firefox browser and creator of the popular programming language Javascript. Crunchbase counts Fundamental Labs, ICONIUM, Genesis One Capital, All Blue Capital, Henok Tekle and Alexis Berthoud as key investors in BAT. Ads served up by Brave are from trusted partners, and a user’s browsing history or preferences are never made available publicly. Cryptoassets are highly volatile and unregulated in some EU countries and the UK.