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An essential element of the BAT ecosystem is Brave, an open-source, privacy-centered browser that blocks ads and trackers by default. If a user wants to earn BAT, they can change their settings to make ads viewable. Advertisers buy ads with BAT tokens, which are then dispersed to publishers and browser users . Basic Attention Token is an Ethereum-based ERC-20 token designed to facilitate value transfers in digital advertising. The BAT token is supported by the Brave web browser, which uses the token to reward users for viewing advertisements as part of an opt-in program. Basic Attention Token’s price is based purely on trading as there is no standard global BAT price, so no one knows what it is “supposed” to cost.

The first couple of weeks in February saw Basic Attention Token double in price and the gains continued in March until BAT reached its all-time high of $1.45 on March 17th, 2021. This was followed by a swift retracement to $0.90 before the bullish trajectory was resumed at the end of March. By April , BAT was back up to $1.30, representing year-to-date gains of over 620%. The surge continued into 2018, and in the first eight days of January, BAT rallied 165% to peak at $1.09.

December 2023: Basic Attention Token Price Forecast

Its average cost is expected at around $3.26 during the year. CryptoRank provides crowdsourced and professionally curated research, price analysis, and crypto market-moving news to help market players make more informed trading decisions. If you’re looking for a set of practical and insightful crypto market information and data, we have the analytics tools to suit your business needs.

When someone turns Brave Ads on, their browser begins learning their preferences to show occasional relevant ads. Brave Rewards uses an anonymous contribution system so no one can see what websites each user chooses to support. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. Deposit crypto to our exchange and trade with deep liquidity and low fees. In the last 24 hours.BAT has a circulating supply of 1.48 B BAT and a max supply of 1.5 B BAT. In its 2017 ICO, a total of 1 billion BAT tokens were sold to investors, whereas the remaining 200 million tokens were locked in a development pool, and 300 million BAT was reserved for the user growth pool .

Is Basic Attention Token a good investment?

A swift pullback of over two-thirds followed in the next ten days, and by March, prices had dipped to below $0.20. BAT made some further attempts to rally in 2018 but each had less momentum than the last. The overall trajectory for the year was downward and BAT was worth $0.13 at the end of 2018 – an almost 90% fall from its January peak. BAT has had an interesting price history since its launch in 2017 and if you want to know why then you’re in the right place. We’ve compiled everything you need in order to get a better understanding of BAT price and the factors that influence it.