Basic Attention Token (BAT) Spikes Becoming The Largest Gainer Among The Top 35 Coins
Basic Attention Token Spikes Becoming The Largest Gainer Among the Top 35
Basic Attention Token (BAT) continues to grow in a very competitive market. The digital currency has grown almost 10 percent in 24 hours and it became the best performing digital asset among the top 35. Although Bitcoin (BTC) remains stable, BAT performs very positively.
BAT Moves Up Amig Stable Market
The beginning of the current week was not the best for digital assets that dropped around 10% since the peak reached a few weeks ago. Nonetheless, digital assets are recovering and trying to remain in the bull trend that started earlier in April.
Basic Attention Token, the digital currency used b the Brave web browser, has registered a price increase of almost 10 percent in the last 24 hours, according to CoinMarketCap. BAT has also experienced a price increase in terms of BTC and ETH. However, it is worth mentioning that the bear trend could continue in the future since trading volumes have dropped in the last days.
According to Roger Williams, a recognized trader in the crypto market, mentioned that BAT is a token in which marketer and publisher benefit from the business.
Although the digital currency seems to be increasing in price, there are many events that could help it in the future behave even better than now and reach new highs. Brave will allow users to earn BAT tokens for the ads they see and how they engage with them.
The Brave browser continues to grow and there is a lot of hidden potential behind it. Thus, it could eventually become one of the rivals to Google Chrome and Firefox. If that happens, the Giants will also have to adapt their strategies and become more user-friendly and less data-consuming. Meanwhile, the BAT virtual currency could become important for users that will start using it.
Currently, Basic Attention Token is the 24th largest digital asset in the market. Each BAT can be purchased for $0.333 and it has a market capitalization of $416 million.