Last Updated on 30 October 2023 by CryptoTips.eu
Basic Attention Token Price
Read everything about the Basic Attention Token Price.
Follow the Basic Attention Token price in euro
In the above given widget you can see live updates of the Basic Attention Token price. All the current values that are displayed in the widget are for the last 24 hours, because crypto trading never stops. Even at nights and weekends when traditional markets close their trading. The current BAT value can be seen at the top of the chart.
Further you can check how Basic Attention Token price has performed over the week (7D), a month (30D), since the start of this year (shown by year to date), and since its inception (ALL) You can see these options on the top of the widget in one row. The live exchange rates and feesare also displayed at the bottom of the chart.
BAT price in euros and dollars
In the following widget, you can get more information about the prices during the last week and month. Further we also provide you the current market capitalization and highest and lowest prices of BAT.
If you want to switch between euros and dollars, you have to click on EUR and USD.
Important note: There can be a possible difference between prices displayed at the top widget and this widget. This is due to the price data being supplied by two different suppliers.
The history of Basic Attention Token’s price
Basic Token Attention is a cryptocurrency token created on the top of Ethereum platform specially for Brave browser. It aims to provide the more suitable way to reward customers for their attention and publishers for their content. Moreover, it also gives the better solution to check a return on investment for advertisers. The project was established by the co-founder of Mozilla and Firefox along with the founder of JavaScript in March 2017. The Brave platform used BAT as a currency as well as to enhance the efficiency of digital advertising. Just after the one month of its launch, the project raised $35 in 30 minutes. After the successful ICO, the token appeared on the markets and traded at 17 cents. The price showed a positive trend and increased its market capitalization from $35 to $285 million.
After sharp rise, the Basic Attention Token price started to go down to 9 cents and the capitalization to 90 million within the month. The price showed symmetrical ups and downs throughout the year. In the starting months of 2018, the price went into a correction phase and saw its all-time high value of $0.9595 in January, but in summer the price ultimately turned into a downward trend.
However, in December the Basic Attention Token price started to rise due to some positive news about the cryptocurrency. Firstly, Basic Attention Token was added on Coinbase and secondly the development team of BAT announced the most-awaited payment for viewing ads. This big news raised the price up to 90 cents.
In 2019, all the cryptocurrency market was under the bearish pressure, so BAT also faced hard times and experienced a strong downtrend of the BAT vlaue. In August 2019, BAT was listed on Kraken, this news affected the price in a positive way. If we check the daily chart we can see that the trading of BAT was a little quiet in May 2020. In June the price started to decline in first two weeks
Since its lisitng, the BAT coin has been very popular. In 2017, BAT coin announced its partnership with top-3 NYC media company to create a revenue stream for its users.
In August, Uphold signed a new partnership with Basic Attention Token, to support BAT on its platform. In 2018, YouTube stars became partners of Brave Browser to advance Brave and the BAT platform. Moreover, in March 2019, Basic Attention Token joined hands with Amazon, Starbucks and with Apple Partner TAP Network. On 29 December, BAT teamed up with Access79 to offer BAT and Brave users limited edition BAT rings and BAT dog tag necklaces.
Recently in 2020, Brave collaborated with Binance to let you trade crypto assets from your browser. According to the current report of Flipside Crypto BAT became the most used ERC-20 token in the Decentralized fFinance sector from 19 June to July. The crypto market might appear slightly blunt after the recent crisis but its primal technology remains valid and most promising.
Basic Attention Token historical prices
The table below shows the historical price of Basic Attention Token for the last week.
How is the Basic Attention Token price established?
The Basic Attention Token price determination is based on the relationship of supply and demand. It means if more buyers want to buy Basic Attention Token while the supply of the token is limited, than price will increase. On the contrary, if the number of the sellers is greater than the buyers then the price will drop.
Moreover, if the token gets negative publicity then price also goes down. Besides public sentiments, level of token utility, scams, and mass adoption also influence the price. Cryptocurrencies are new in the market, so many people fall victim to the anxiety around the cryptocurrency-bubble. Social media can also play a role in price determination.
Basic Attention Token price prediction
It is a fact that no one can predict the future. So we can’t give you advice based on the future price of Basic Attention Token. The Crypto market shows a bullish trend so it is very challenging to predict which cryptocurrency will survive and which will not. But if you see the past trend of Basic Attention Token price, the coin is striving continuously to achieve a good image by announcing partnerships, new features and policies.
The Brave browser was in 2020 very negative in the news. A researcher found out that the browser was auto completing links into referral links. The CEO of Brave, Brendan Eich, told the community that it was a mistake. Another researcher found out that there were multiple auto completes with affiliate links hard coded in the code. And that it can’t be a mistake. This must harm the reputation of Brave, especially because their vision is that the user should not be the product.
What do you need to take into account with the Basic Attention Token price?
You need to know that prices show high volatility in the crypto market and can make high peaks and deep lows very fast. Moreover, it is not a defensive investment product, so never spend more money than you are willing to lose. It always remains a risky investment, so make sure you are investing at the right time.
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