As for now, it seems that the BAT coin has slowed down its growth, but how long will it last? And what is more important is how fat the coin can go in the foreseeable future once the whole cryptocurrency market is on its rise again?
To see how high BAT price can go, we’ve gathered several the most ambitious Basic Attention Token price predictions:
Focused on straightforward & honest reporting on the cryptocurrency market YouTube channel BeInCrypto claims the BAT coin prices in 2020 may even surpass $1.00 USD. The channel believes Brave browser and its native coin BAT will continue their growth throughout the whole of 2020.
“More conservative estimates see BAT achieving relatively stable prices are around $0.35,” the channel summed up.
The popular crypto exchange platform Changelly forecasts that in 2020, the BAT coin price may surge up to $0.3 USD. The service states that in 2020, the BAT coin has all chances to “gain great popularity.”
The cryptocurrency-forecast focused website calculates that the Basic Attention Token can reach $0.2118726 just at the beginning of 2020. The maximum level is expected to be the $0.27 mark, while the minimum one is set at the $0.18 mark.
A cryptocurrency exchange aggregator platform CoinSwitch convinced that the BAT token is just at the beginning of its path. The coin is reportedly new and still has “many more miles to go and never sleep.” CoinSwitch predicts the BAT coin to hit the $0.52 mark by the end of 2020.
In general, the Basic Attention Token is one of the few cases where blockchain technology and cryptocurrency both have real use cases in everyday life. The advertising market is not just big, it is tremendously large and is one of the leading in the global economy. In 2018, the UK digital ads market worth surpassed over the £13B mark. The BAT coin has every chance to enter the top five most used cryptocurrencies in the next few years, but the project team should not slow down and stop at the achieved results. The coin is able for hodling and is exchangeable in Atomic Wallet.
What is Basic Attention Token (BAT)?
Basic Attention Token (BAT) is a decentralized exchange deployed on the Ethereum blockchain network. The project wants to solve the issue of fraud in e-advertising. The coin itself is used to evaluate user activity within the platform.
Advertisers pay the BAT coin to website publishers for the attention of users.
The Basic Attention Token ecosystem includes Brave, an open-source, privacy-oriented browser designed to ban trackers or any malware.
The beginning of 2019 turned out to be a success for all BAT holders as the coin succeeded to gain x4 just within two months from $0,10 USD (0,000030 BTC) up to $0,46 USD (0,000088 BTC).
However, since then, the coin has been gradually moving down as the bear market was able to strengthen its position against the bulls.
At press time, the BAT coin is equal to $0,15 USD (0,000023 BTC).
The Basic Attention Token can be both kept and traded in Atomic Wallet, a secure decentralized cryptocurrency wallet for Bitcoin, Ethereum, Ripple, and over the other 500 tokens.
Basic Attention Token Blockchain
As was mentioned above, the project is based on the Ethereum network so there’s nothing special to pay attention to. However, that’s can’t be said about the use of the BAT coin. The asset is mainly used to drive revenue in the Chromium-based Brave browser.
The browser’s users can ban or view ads and earn for that action BAT coins. Having that sort of tool, advertisers receive higher returns on investment thanks to improved targeting campaigns.
The browser’s advertising network shares approximately 70 percent of revenue with its users in BAT tokens.
Basic Attention Token (BAT) Price Chart
The BAT token is perhaps the brightest example of how volatile cryptocurrencies can be. So far, the coin succeded to reach sky heights and deep drops six times just within a year after the cryptocurrency winter.
Tha all-time-high is fixed at the $0,89 mark, while the bottom line is set at the $0,086 mark before the crypto hype.
It is worth emphasizing that the coin has never dropped to its lowest mark after the crypto winter, which evidences a high level of community support and liquidity.
How to buy Basic Attention Token (BAT)
Currently, the BAT coin is not supported for direct purchase via a Simplex payment processor, however, anyone can buy Bitcoin (BTC) or Ethereum (ETH) with a credit card and then exchange these cryptos to BAT at any cryptocurrency exchange where the asset is listed. In order to do so, you need to download the app and pass verification (photo ID is obligatory to confirm your identity).