Basic Attention Token Price Analysis – BAT/USD Surges 11.34%

All morning, the markets looked incredibly bullish, it’s really commendable to see all cryptocurrencies step up swiftly after a disastrous start of the week. However, it seems the crypto market has become a lot more strong in recent months. As nearly all of those losses have got better without any real problems.

The Basic Attention Token (BAT) rise continuously surprising investors and traders with its greater potential to become one of the best cryptocurrency to invest in this year.

At the time of writing, BAT is currently trading at $0.292730 with a market cap of $365,742,223 and a circulating supply of 1,249,416,783 BAT, it is the 24th largest cryptocurrency in the world.

However, there is rise in BTC and ETH value, but the percentage is less when compared to the USD gains.

The main objective of BAT is to modernise the way customers interact with their companies. According to Coinmarketcap, the return on investment from BAT is approx. 78%. Within 15 days, the price of BAT surged up by 50%.

Basically, BAT is an Ethereum based token that is created for serving as a payment settlement platform. It is the native token of Brave Browser, which is also a decentralized browser on the Ethereum Blockchain. The reason behind Brave Browser’s immense reputation is that it provides 100% anonymous services to users. Hence, completely provides security to their privacy.

Roger Williams, a crypto enthusiast sees the merit of BAT as a whole. This is because it can be a powerful tool for both marketers and publishers alike. Even though right now the ecosystem is still small, things seem to be progressing where Basic Attention Token is concerned.

Overall, looking at the current market trend, it is a bit unclear what will happen over the coming hours. Right now everything looks bullish, one would expect this trend to resume for a little while. However, if the previous months are an indicator, there is always a chance the market will reverse course when people least expect it.

What is your opinion on the sudden increase in Basic Attention Token? Share your thoughts on our Twitter and Facebook pages.

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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