fbpx
Price Analysis

Basic Attention Token (BAT) Predictions: BAT’s Long Term Push In Value Is Credited To Listing On Multiple Exchanges

Basic Attention Token (BAT) is a digital currency platform based on blockchain technology with special attention to digital marketing. The vision of BAT is to do away with the inefficiency, fraud, and opaqueness in the digital marketing field. It is an open-sourced and decentralized crypto coin based on Ethereum Platform. It has its own privacy focussed browser – Brave.  It tracks and blocks malware.

Current Statistics-

BAT

  • Basic Attention Token (BAT) is the 23rd largest crypto coin.
  • The ROI (Return on Investment) stands at 108.85%.
  • The total circulation capacities of BAT stands at 1,260,498,401 BAT.
  • The current market cap on 06th May at 01:59 UTC is 443,915,613 USD.
  • The value of each coin stands at 0.352175 USD and 0.00006191 BTC.
  • The 24h volume at the same UTC is 36,287,233 USD.

Comparison-

The value of each BAT token has been traded around a stable price at 0.13 USD throughout the year. The value did not show any abrupt changes in its growth pattern until March last week. The peak of the value was reached at 0.45 USD on April 21st.  Soon after that, the value is now on a downtrend. The market cap of BAT on 06th April was 384,209,552 USD and the value of each coin was 0.307708 USD. The current market cap is 15.5 % higher than the market cap of last month and the value of each coin has inflated by 14.45 %.

The 24 hours value has also shown 4 major variations. The range was 0.34 USD to 0.37 USD. The next 24 hours value is not predicted to have many variations.

Prediction-

Basic Attention Token (BAT) has now been listed on two major crypto exchanges – Crex24 and BiteBTC. This has surely moved its goodwill in the market. This news has worked positively for the BAT token. We predict the price of each token to reach as high as 0.45 USD by the end of next month. There it should find 1st resistance. The other two resistance level should be 0.50 USD and 0.55 USD. On the longer term, the outlook is bullish as well. By the end of 2019, the value shall breach the 1 USD target, and by the end of 2020, our prediction goes with 4 USD looking at the potential tie-ups and deals.

Conclusion-

As the price will have an inconsistent path, we advise the speculators and short term investors to stay out of the market. The long term investors should aim a profit of 3 times the investment by 2020.

Ads
Tags

Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

Leave a Reply

Your email address will not be published. Required fields are marked *

Event Information
Event Information
Back to top button
Close