While most of the cryptocurrencies focused their attention on blockchain and DeFi, they focused their attention on data storage, handling, and transaction. There were hardly any market players who pivoted their attention to digital advertising, gaining momentum and the issues associated therewith.
Basic Attention Token (BAT): Origin & Objective
Basic Attention Token Overview
|Cryptocurrency||Basic Attention Token|
|Price Change 24h||+2.47%|
|Price Change 7d||+12.80%|
|Circulating Supply||1,488,718,839 BAT|
|All time high||$1.65|
|All time low||$0.06621|
|Basic Attention Token ROI||+241.6%|
Mission BAT already has more than 5.5 million active monthly users added to its browser BRAVE since its release. This phenomenal growth is a credit due to its creators.
Mission BAT: The Functionality
With the exponential growth in the digital advertising sector, it is tremendously crucial that there is an equilibrium attained among advertisers, publishers, and end-users. With the masses becoming more and more well-versed with social networking and tools associated with it, there is a burgeoning demand for ad-blocking software that runs on more than six hundred million smartphones and computers.
With a lot of money and time spent on viewers’ personal data, it has become a mammoth task to synchronize the entire functionality of networking and pruning the unnecessary. The following factors act as catalysts to boost demand for BAT :
- Advertisers pay tokens to publishers to bring their ads to users;
- Users earn BAT for viewing ads. Attention is monitored in the Brave browser using ML machine learning technology (personal data always remains on devices and is not used for personal gain);
- Advertisers get good returns as a result of increased levels of accuracy.
Basic Attention Token: The Community Well-Being
Contributing to the cause of Corporate Social Responsibility, BAT has given back to society. Not only has the platform gained significant popularity, but it has also entered into many partnerships with global brands like Amazon, Starbucks, Uber, and Apple, wherein the alliances have benefitted acceptance of coins on their websites.
Basic Attention Token: The Ups & Downs: The Gems & Crowns
The ICO launch proved immensely beneficial for the token. Trading at the price of just 17 cents, it took the buyers by surprise in a couple of days. The Market capitalization increased from $35 to $285 million as per previous Basic Attention Token price prediction. A sharp rise went into the correction phase, and within a month, the price dropped to 9 cents and capitalization to 90 million. Nearly similar trends and curves continued till 2017, and in December, the Basic Attention Token price shot up to 70 cents, and capitalization approached 700 million.
Followed by a price correction in 2018 summers, the sluggish phase continued for the currency, and the addition of BAT via Brave added a breakthrough. The beginning of 2019 was a blessing for this pedestal as the token was listed on popular Exchange. Apart from that, there were many freebies announced by the developers in the form of viewing ads for money. Raising the toast to historic 90 cents, the coin gained traction, taking capitalization to 900 million.
With the Pandemic taking a toll throughout 2020, it was no great news for BAT token. However, the preceding phase of Pandemic brought abundance galore for the coin giving it a constant bullish push.
Basic Attention Token: Let the Masters Lead the Way Forward
BAT price stays firm today around $1.35 with a market cap of $2,013,089,281 and a circulating supply of 1,492,816,441 BAT. The experts have very optimistic Basic Attention Token price predictions movement claiming it to have a brighter horizon ahead:
Trading Beasts predicts that it seems BAT coin will reflect massive surge. It might trade as high as $1.76 by the first quarter of 2021. Trading Beasts
By 2025, Basic Attention Token (BAT) might reach $0.658 and can even hit $1 mark. CoinSwitch
Being based on a logical algorithm, BAT has both short term rally as well as long term potential advantages. The price may reach 2.14 USD by the end of 2021. Digital Coin Price
Based on our forecasts, a long-term increase is expected, the price prognosis for 2026 is 3.587 US Dollars. With a 5-year investment, the revenue is expected to be around +151.54%.Wallet Investor
Crypto ground predicts that the Basic Attention Token price might reach $2.68 by the end of 2025 with almost 88% hike to the current price. Crypto Ground
BAT Price Predictions from year 2021 to 2025
The initial launch of ICO was well-timed for BAT. With the roaring traction that it gained, BAT continued to attract investors as much as raising their expectations. Now that digital media has become the backbone of world economies, undoubtedly BAT will enjoy pristine attention.
The stars look quite bright for BAT, and so the road ahead is a red-carpet-welcome for BAT in the years to come:
BAT Price Prediction 2021
As this 1 year is preceded by a revolutionary phase in online advertising, the prospects look quite bullish, taking the BAT token value to reach 2.50 USD for sure. This should be a good forecast attraction for traders and individual investors to pour their money into BAT kitty.
BAT Price Prediction 2022
The bulls will continue to ride the momentum, and with market sentiment becoming bright, investors can look forward to a brighter horizon this year, too, with BAT pegged at $3 by the end of 2022.
BAT Price Prediction 2023
Fluctuating between $3.50 and $4.3, BAT coin price may beat its own records, and results would reflect even in various industries linked to advertising and media. The global outlook towards cryptocurrencies would undergo a total transformation with the BAT future price shooting to $4.9 for sure end of 2023.
BAT Price Prediction 2024-2025
Over the next 4 to 5 years, the crypto world will develop and progress like anything. As far as the future of BAT coin is concerned, the currency might be a profitable investment, and per the market predictions, the price of the Basic Attention token might hit 7 USD by the end of 2025.
Frequently Asked Questions
Is Basic Attention Token (BAT) a good investment?
Indeed. Mainly because it targets the actual users using the token and more so as BAT shall be utilized to pass advantage to content creators and publishers through tips by loyal fans and internet users. Here, a salient feature is that users shall earn BAT for watching ads, a visual treat enjoyed by virtually all.
Is Basic Attention Token a viable product?
How can I invest directly in Basic Attention Token (BAT)?
All major exchanges give you the benefit of purchasing Basic Attention Token. You may also buy BAT earning through tips and watching adverts. A noted Exchange like Binance and the Ethereum blockchain technology are popular destinations. If you live in Europe, you can buy BAT at BitPanda too.
How do you get free Basic Attention Tokens?
Basic Attention Token shares 70% of their ad revenues with their users. Simply download the Brave browser, enable “Brave Ads” within the browser platform, and get notified about ads to earn free BAT while surfing the web. You can also earn BAT by claiming random token grants worth 25-40 BAT.