Price Analysis

Basic Attention Token (BAT) Price Analysis: BAT’s Brave Browser is Getting Tremendous Attention, Good Times Ahead

  • BAT’s Brave browser is the major factor for a bullish trend of price in the future.
  • The 2019 target price should be 1 USD.

Basic Attention Token has quite a large number of developments in the market. The privacy-centered web browser, Brave, has recently completed its 2 million mark on android devices. As the popularity of the browser is rising, the CEO of BAT coin confirmed that over 1300 advertisers are waiting to get a slot on the browser for showing an ad. BAT officially declared that there are 126,045 publishers currently on the browser out of which there are 96,000 YouTubers, 21,000 websites and 8,000 Twitch publishers. These developments have surely a positive sign on the goodwill of the coin. We predict the BAT coin price to reach as high as 1 USD by the end of this year. We should now analyze the current figures of BAT to appreciate the growth pattern.

Current BAT Price Statistics

BAT Price Chart

BAT Price chart

  • Basic Attention Token (BAT) is the 24th largest coin in the global crypto market.
  • The ROI (Return on Investment) stands at 118.89%.
  • The total numbers of BAT coins in current circulation stand at 1,261,906,549 BAT.
  • The current market cap as on 17th May at 02:34 UTC stands at 470,040,110 USD.
  • The value of each BAT coin stands at 0.372484 USD and 0.00004783 BTC.
  • The 24h volume at the same UTC stands at 53,628,563 USD.

Comparison

At the starting of the year, BAT coin price was 0.12 USD, and it maintained a gradual pace over the last 4 months. The major up-trending movement started in the last week of March, and at the onset of April, the whole market gained in consonance with the global market. The highest point of the BAT coin was at 0.465255 USD on 21st April. The market cap on 17th April was 418,662,977 USD, and the value of each BAT coin was 0.335087 USD and 0.00006422 BTC. The current market cap and the value of BAT in USD are respectively 12.27% and 11.16% more than the figures for last month.

Basic Attention Token Price Prediction

Looking at the current developments, we predict the growth path of BAT coin to be bullish. The resistance point will be there at 0.50 USD and 0.55 USD. By the end of 2019, the value should be at 1 USD mark. The 2020 prediction target should be set at a minimum of 5 USD.

Conclusion

Buying fresh BAT coins is advisable now. Holding for a long term will give at least 10 times the current value.

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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.
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