While you don’t need Brave to trade BAT, the power of the token is unleashed if you’re using Brave.“Īs CNBC reported, “U.S. BAT is also used to purchase ad space and tip content creators within Brave. Brave blocks third-party ads and trackers by default and also has native integration with Tor. “ BAT’s reward feature is only available on the privacy-centric Brave Web browser. BAT is a way to monetize attention in what is sometimes referred to as ‘the attention economy.’ Users watch ads and get paid accordingly, while creators get rewarded for how much user attention they capture. “ BAT is an ERC-20 token that seeks to reward both users and advertisers. Advertising space can also be purchased with BAT… The token is distributed to users based on their online activity and to creators according to how well they capture user attention. “ BAT seeks to reward Web users and content creators based on attention. “ Designed by one of the Web’s top minds, Brendan Eich, creator of Javascript and co-founder of, the Ethereum-based Basic Attention Token tackles one of the Web’s biggest problems: advertising. Here is how Binance Academy describes it: That altcoin is Basic Attention Token ($BAT). Investing in or trading crypto assets comes with a risk of financial loss.On Friday (November 26), despite the crypto markets experiencing corrections due to renewed concerns over Covid-19 variants, one altcoin seems immune to the disease that has 93 out of the top 100 cryptoassets currently suffering losses. The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not establish the financial, investment, or other advice.
Resistance Level: $0.45 and $0.50 Disclaimer
BAT investors can expect any directional change as soon as RSI enters overbought territory. RSI is at 59 and is heading towards the overbought territory. Technical indicators suggest the uptrend momentum of BAT coin. For the time being, volume change can be seen below average and needs to grow for BAT to sustain at the verge of horizontal range-bound area. However, bears may interrupt the uptrend momentum of BAT coin due to the ongoing bear market. BAT bulls are currently trying to sustain at the upper trendline and BAT is trading with strong bullish momentum over the daily price chart. Conclusionīasic Attention Token price has recovered from the lower level of the consolidation phase and is preparing for its breakout. The MACD line is ahead of the signal line after a positive crossover. MACD exhibits the bullish momentum of BAT coin. Relative Strength Index showcases the strong uptrend momentum of BAT coin. The tone looks prepared to register its breakout as it has recovered above 20 and 50 EMA. Volume to market cap ratio is 0.2148.īAT coin price has been trading with strong uptrend momentum over the daily price chart. This shows that buyers are indulging themselves to let BAT sustain at the verge of the consolidation phase. Trading volume has increased by 23% in the intraday trading session. However, BAT now manages to gather support and is now preparing for its breakout as BTC, the traditional cryptocurrency, has also risen from its own ashes.īasic Attention Token price is presently CMP at $0.43 and has gained 11.71% of its market capitalization in the last 24-hour period.
The troken at first fell from the same consolidation phase as BTC slumped below $25000 and then BAT faltered to gain uptrend momentum over the daily price chart.
The pair of BAT/BTC is at 0.00002058 BTC with an intraday gain of 9.62%.īasic Attention Token price has recovered from the lower level of the consolidation phase and is preparing for its breakout.The crypto asset has recovered above 20 and 50 EMA while preparing for 100 and 200-days Daily Moving Average.Basic Attention Token price manages to get support from the $0.35, that is the lower level of the consolidation phase.
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