Basic Attention Token Price BAT Price Index, Live Chart and USD Converter

Market cap is calculated by multiplying the asset’s circulating supply with its current price. The percent change in trading volume for this asset compared to 24 hours ago. Market cap is measured by multiplying token price with the circulating supply of BAT tokens (1.5 Billion tokens are tradable on the market today).

This feature might not be available to all bat coin value, as it could depend on which country you live in. Please note that if you plan to store your BAT in an Ethereum wallet you control, you will also need some ETH to pay for transactions. The Brave browser features built-in ad-blocking functionality, but users can choose to opt-in to view advertisements in exchange for BAT tokens. Advertisers who wish to advertise through Brave must purchase ads with BAT tokens. You can buy BAT tokens on major exchanges like Binance or Changelly, exchange other cryptocurrencies for it, or get very small amounts of it for free by using the Brave Browser. Before you buy BAT cryptocurrency, consider if it fits into your portfolio.

Basic Attention Token: Origin & Future Price Prediction 2023 – 2030

The utility token was integrated into the browser and launched officially on May 31, 2017; it managed to raise $35 million. In its 2017 ICO, a total of 1 billion BAT tokens were sold to investors, whereas the remaining 200 million tokens were locked in a development pool, and 300 million BAT was reserved for the user growth pool . As of November 2020, both the development pool and UGP pool addresses are nearly empty. Basic Attention Token has a maximum total supply of 1.5 billion tokens. This cannot be increased without switching to a new token smart contract.

CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or duration of CoinDesk content in all its forms. Unlike most other cryptocurrencies that gradually release new tokens into circulation over time, all 1.5 billion BAT tokens were created during its launch. One billion BAT tokens were sold in an initial coin offering that sold out in under 30 seconds and raised $35 million . If you would like to know where to buy Basic Attention Token at the current rate, the top cryptocurrency exchanges for trading in Basic Attention Token stock are currently Binance, OKX, Deepcoin, Bybit, and BTCEX. It runs on Ethereum and is integrated natively through a custom and popular web browser known as Brave.

Who Are the Founders of Basic Attention Token?

However, the more people that use the 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. The live price of Basic Attention Token varies from moment to moment as it’s dictated by the balance of buyers and sellers across all exchanges, which is in constant flux. 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. As of April 2021, Brave has 29 million monthly active users and 1 million verified creators.

Keep in mind that throughout this https://www.beaxy.com/, we saw 500 million crypto tokens reserved by Brave Software. In 2017, Brave completed an ICO for BAT, which raised $35 million in 30 seconds through selling 1 million crypto tokens. He also created the JavaScript programming language and is even the co-founder of a highly popular internet browser known as Firefox, so he has had experience on the market.

Live Basic Attention Token Chart in EUR

Based on their predictions, the estimated average BAT price will be around $2.57. It might drop to a minimum of $2.48, but it still might reach $2.94 throughout 2028. Unfortunately, we do not provide our users with precise technical analysis. However, we’ve got an aggregated opinion from those who already have WAVES done the analytical part on the TradingView website.

Digital advertising is a market that is only ever going to continue to develop, so a cryptocurrency that is so tightly connected to it has a high chance of doing well in the future. Brave integrated with the Solana blockchain in early November 2021, giving the platform’s users access to a wide range of decentralized applications running atop Solana blockchain. As a part of the collaboration, Solana committed to promoting BAT adoption amongst its userbase. However, BAT coin reserved its all-time high for 2021’s second crypto rally, in November that year, when it broke past multiple resistance levels to record an ATH of $1.92 on Nov. 28, 2021.

The credit for this also goes in part to the announcement of Brave Wallet on Nov. 16, 2021. BAT price has, however, lost a fair bit of ground since then, MATIC and receded below $0.3 in Q2, 2022, amid broader bearish market conditions. Basic Attention Token is the #97 largest cryptocurrency by market cap as of March 03, 2023, with a market cap of $402,956,754 USD. 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.

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. Built on top of the Ethereum blockchain, Basic Attention Token is a utility token used by digital marketers to pay for ads on the Brave browser, a privacy-focused competitor of Google’s Chrome and Mozilla’s Firefox. Unlike many web browsers, Brave blocks ads and tracking by default; however, users who wish to see ads can choose to join a program that pays them in BAT for viewing them. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources.

Why is the price of BAT different on different cryptocurrency exchanges?

BAT is a popular token that is traded on most liquid and popular exchanges such as Binance, Coinbase Pro, Kraken, and more. The primary use case for the Basic Attention Token is as a payment token for running advertising campaigns through Brave Ads. As of November 2020, advertisers must commit to a minimum ad spend of $2,500 per month to be able to launch their campaign, but a self-serve platform with potentially lower limits is currently in the pipeline. This experience is delivered through the Brave Browser, where users can watch privacy-preserving adverts and receive BAT rewards for doing so. On the other hand, advertisers can deliver targeted ads to maximize engagement and cut down losses due to ad fraud and abuse.

Basic Attention Token essentially attempts to remove any distrust and create an advertising platform that is beneficial to everyone. The basic attention token price is also reliant on this demand and supply which shapes the crypto market. Basic Attention Token’s price history can be analyzed with many of the same techniques as stock market analysis. Technical analysis involves looking at the charts to make sense of previous price movements. With BAT, as with many other tradable assets, large price swings are often accompanied by spikes in trading volume as a large number of users buy or sell their coins on exchanges.

Another notable thing to mention here is that they do not give up any of their data privacy rights. Basic Attention Token crypto can also be defined as this blockchain-based system that tracks media consumer time and attention on websites through the usage of the Brave web browser. 1.5 billion BAT tokens (worth US $35 million) changed hands, proving that there was a huge market for browsing the internet and advertising in new ways. The Brave Browser has a built-in cryptocurrency wallet that securely stores your BAT.

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.

Several countries have adopted cryptocurrency into their legal systems, considering these assets as property or currency. Cryptocurrency use can range from severely limited to completely open markets depending on the country. You can check the legality of crypto by country or territory here. 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.

• Since BAT is an ERC-20 token it can be stored in all ERC-20 compatible wallets.
• As of November 2020, both the development pool and UGP pool addresses are nearly empty.
• Its surge at the end of 2017 which continued into the start of 2018 wasn’t unique – the entire crypto market pumped around this time.
• Totals for Gold and Silver holdings including the ratio percent of gold versus silver will be calculated.