For the last two days, most cryptocurrencies on CoinMarketCap have been trading in red against the USD. Bitcoin briefly lost the resistance at $5000 but quickly regained it. This morning, Basic Attention Token started recovering against the USD along with a few altcoins. This eventually started rubbing off on the entire market. Keep in mind that there have been a lot of positive Basic Attention Token news in recent time. In fact, according the The Basic Attention Token price analysis on CryptoNewz, the BAT surged by 50% within 15 days. This is just the beginning. Things are looking up for the price of Basic Attention Token.
Basic Attention Token News – What Is Basic Attention Token?
Basic Attention Token is an Ethereum backed token that was created to serve as a payment settlement platform. It is the native token of Brave Browser, a decentralized browser that is also based on the Ethereum blockchain. One of the reasons why the Brave Browser has attracted a lot of attention on recent time is that it provides 100% anonymous services to users and protects their privacy completely. In this digital age, privacy is a luxury.
The Brave browser recently launched an ad viewing incentive program. With this program, users of the Brave Browser get paid in BAT for viewing ads and they can make more than $70 annually. This was done in a bid to promote the adoption of the Brave Browser and the Basic Attention Token. For a relatively new project, the Basic Attention Token has done well. Coinmarketcap states that the return on investment for BAT is about 78.11%. Within a 15-day period, the price of the Basic Attention Token was up by 50%. This was due to a combination of factors like the general positive sentiment in the market and the positive Basic Attention Token News. With that kind of increase, it would not be a surprise to see the Basic Attention Token trading higher by 100% by the end of the month.
Basic Attention Token News – Current Price of Basic Attention Token
At the time of writing, the price of the Basic Attention Token was $0.283595. This means that it is up by 5.40% against the USD, up by 4.76% against BTC and up by 4.95% against ETH. The trading volume over a 24 hour period is $30,195,421 and the market capitalization is $354,271,211. It is outperforming Bitcoin, and Ethereum.
Bitcoin (BTC) Price Today – BTC / USD
| Name | Price | 24H % |
|---|---|---|
 | $0.00 | -0.15% |
The price of Bitcoin is, just now, migrating from red to green. It is trading at $5,086.88. This shows that it is up by 0.70% against the USD. The trading volume over a 24 hour period is $14,235,338,014 and the market capitalization is $89,742,229,203. Ethereum is also being outperformed by BAT. At the time of writing, it was trading at $165.01. This means that it is up by 0.41% against the USD and down by 0.26% against BTC. The trading volume over a 24 hour period is $6,447,380,783 while the market capitalization is $17,430,345,412.
What do you think about the Basic Attention Token News Today? Is the Basic Attention Token Price Prediction 2019 going to take place? Share your thoughts in the comment section.
Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.
