Basic Attention Token (BAT) Surges By 7% Outperforming Other Altcoins

Basic Attention Token Reddit users are highly dedicated to the success of the network. They are often the first to report Basic Attention Token news. This morning, the price of BAT started spiking against the USD, BTC, ETH, and almost every other coin on CoinMarketCapital’s list. The solid gain of Basic Attention Token is remarkable and is another evidence that we are entering altcoin season. If you’re a digital asset investor who has interests in small market capital coins, this may be a good time to accumulate for BAT tokens.

Basic Attention Token News Today: Basic Attention Token Price Today

Ranked the 24th largest cryptocurrency per market capitalization, Basic Attention Token (BAT) has started gaining recognition in the cryptocurrency space. While the Coinbase listing effect initially helped the price surge higher against the USD, this surge can’t be credited to Coinbase alone. The rise in the price of BAT is remarkable because BTC is currently stuck in an ascending triangle unable to gather enough bullish momentum.

Bitcoin (BTC) Price Today – BTC / USD

Name Price24H (%)
Bitcoin (BTC)
$9,261.00
1.02%

The surge in the price of BAT shows that traders are bullish about the coin. According to CryptoPolls, many investors are confident that BAT is a promising token. At the time of writing, BAT was trading in green against the USD at $0.215023. This shows that it is higher by 6.58% against the USD and higher by 6.82% against BTC. The 24 hour trading volume is $19,960,270 and the market capitalization is $267,577,790.

One thing everyone needs to keep in mind is that price predictions in the cryptocurrency space are never set in stone. So, even if the prices of altcoins are outperforming Bitcoin, BTC can take the cryptocurrency market for a bearish dive any time soon. It’s also important to note that the price of Bitcoin will soon break above the said triangle. If it moves above the $4,000 to $4,100 range, it will move as high as $5,500 against the USD anytime soon.

What roles do the Basic Attention Token Reddit members play in the success of the network? What do you think is the reason behind the price surge of the BAT token? Share your thoughts in the comment section.

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