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Basic Attention Token Price Prediction

Dominikas Pupkevicius
Dominikas Pupkevicius
Dominikas is a content and research writer with over 6 years of experience. He is passionate about blockchain technology and believes cryptocurrency is the future of humanity. Dominikas lives in the countryside with his 3 dogs and enjoys long walks.
February 16th, 2023

Basic Attention Token is a blockchain system that tracks consumers’ time and attention on websites via the Brave browser. The application is built on the Ethereum chain with the goal to distribute advertising money between publishers and readers. We believe the platform will become a staple in the decentralized browsing industry, which has led us to create this price prediction page.

Moreover, the coin has performed well historically reaching prices of $1.76 with a market cap of $2.64 billion. However, recently Basic Attention Token has fallen significantly to the $0.50 range, making it a great time to buy. Also, with 1.5 billion tokens in circulation, the coin doesn’t require a huge push for the coin to increase in price.

Basic Attention Token Price Analysis This Week

The price of BAT follows closely with how the crypto market is performing. As a result, the coin has lost most of its value in recent months due to various factors. Let’s take a look at some news sources regarding the price of Basic Attention Token this week.

Latest Basic Attention Token Price Predictions by Experts

Basic Attention Token has received a lot of positive attention from the community as the platform is privacy-focused and allows users to monetize their browsing time. Below are some price predictions from crypto experts.

  • Trading Beasts predicts that Basic Attention Token will receive a massive surge in the first quarter of 2022 due to the increasing user base. Short-term Trading Beasts believe the coin will be worth $0.97.

  • CoinSwitch has analyzed the platform and determined the token can reach over $1.00 by 2025.

  • Wallet Investor has researched the project extensively and strongly believes the coin will reach $3.58 by 2026.

  • Crypto Ground predicts that the Basic Attention Token price might reach $1.78 at the end of 2025.

Basic Attention Token Price Drop Prediction

My prediction is Basic Attention Token will fall in the short term due to how bearish the market is performing. New crypto laws and political news is suppressing the market since investors are diverting their funds into more secure assets. Therefore, we can see prices fall below $0.30 if the following trends continue.

Long-Term Basic Attention Token Forecast

Basic Attention Token has bullish forecasts long term because the platform is growing rapidly with over 50 million users. As the brave browser becomes more adopted for its unique features, the price will surge as users spend BAT tokens.

YearLowHigh
2022$0.34$2.02
2025$2.81$3.11
2030$7.45$8.21
2035$11.32$12.52
2040$15.33$17.67
2045$18.87$20.21
2050$24.76$28.64

Monthly Basic Attention Token Price Forecast for 2022/2023

Now let’s discuss the month-to-month forecast for Basic Attention Token. We believe the price will remain under $1.00 in the first 2 quarters of 2022. Afterward, if the market transitions to a bullish status we could see BAT reaching over $2.00.

USD/ETH
MonthLowHigh
January$1.23$1.11
February$0.65$0.85
March$0.43$0.89
April$0.84$1.06
May$0.98$1.18
June$0.82$1.11
July$0.89$1.15
August$1.12$1.32
September$1.22$1.37
October$1.36$1.52
November$1.44$1.68
December$1.74$2.02

What Impacts Basic Attention Token Price?

Several factors can swing the price of BAT. Here are the main reasons why Basic Attention Token can fluctuate in price:

Market Performance:

  • When the market is bullish BAT surges in price as the project gains more investments. Moreover, a great indicator if Basic Attention Token is going to increase in value is if Ethereum had a recent push.

Marketing:

  • A great marketing team can result in more investors using the Brave platform, increasing the value of BAT. So far the platform has done an outstanding job of gaining users, resulting in a following of over 50 million. Also, the platform needs to attract more brands to place ads on the platform, which are bought with BAT tokens.

News:

  • Positive and negative news can impact the price of BAT drastically. Often new laws regarding crypto result in huge falls as more taxes or restrictions are implemented.

Brave Browser User Base:

  • A healthy user base is required for the price to rise since more investors will trade the token. Thankfully, Brave amassed over 50 million users that all receive BAT tokens for seeing advertisements.

Upcoming Basic Attention Token Events

The Brave browser continues to improve its platform by implementing new features that provide convenience. Recently, they announced Brave Talk which lets users schedule calls with one click similar to Google Calendar. Moreover, Brave is integrating rewards for Android users in Japan. This will attract more investors to Brave as they can monetize their time while browsing on smartphones.

Basic Attention Token Historical Price Changes

Historically, Basic Attention Token has performed well during bull runs since the coin follows Ethereum closely. Also, during the past few years, the Brave platform has gained a lot of users which correlates to the price increases.

YearHighLowClose
2017$0.42$0.07$0.37
2018$0.95$0.12$0.13
2019$0.44$0.10$0.19
2020$0.40$0.11$0.20
2021$1.76$0.19$1.16
2022$1.36$0.58N/A

Basic Attention Token Price Prediction Chart

Basic Attention Token Vs Ethereum Price Prediction

Compared to Ethereum, Basic Attention Token has performed subpar since it has a much smaller market cap. Both coins have different fundamentals and unique goals within the crypto space. Ethereum is a smart contract coin that lets users build dApps on the blockchain, while Basic Attention Token is used as a payment method for buying and viewing advertisements.

Live Price Chart of Basic Attention Token: USD

FAQs

What will Basic Attention Token be worth in 2022?

Basic Attention Token can potentially reach $2.02 by December 2022. However, the price increase would require many aspects going smooth like a bullish market, increased marketing budget, and more Brave users.

Will Basic Attention Token price go up / go down?

Basic Attention Token is expected to reduce in value during the first two quarters of 2022. Afterward, the coin is expected to go up during the next half of the year.

How high can Basic Attention Token prices go in 2022?

Based on technical analysis, Basic Attention Token can reach prices of $2.02. This would require perfect market conditions and the platform gaining a surge in users.

Can Basic Attention Token reach $10?

It’s unlikely that Basic Attention Token will reach $10 in the short term due to the current crypto market state. However, long-term the token is expected to reach prices much higher than $10 as it’s quickly gaining a large user base.

Who owns the most Basic Attention Token?

The wallet that contains the most Basic Attention Tokens is owned by Brendan Eich. He is the founder of Mozilla, Firefox, and Brave. His focus was to create a decentralized platform that specializes in privacy for its users.

Is Basic Attention Token a good investment?

Basic Attention Token is a brilliant investment because the project has great fundamentals and a working platform. The creator Brendan Eich has an amazing track record of producing privacy-focused applications that are used by millions. Moreover, the coin performs great during bull runs, making it a somewhat secure investment.

Is Basic Attention Token a safe investment?

The token has an amazing team and huge community that adds trustworthiness to the platform. Therefore, most investors would say BAT is safe to buy and hold long term. However, remember that no coin is 100% safe and each investment requires extensive research before committing.

Will Basic Attention Token overtake Bitcoin?

It’s highly unlikely that Basic Attention Token will overtake Bitcoin as it has a much smaller market cap. Bitcoin is the first cryptocurrency made and often referred to as digital gold. Therefore, most institutional investors buy into BTC rather than BAT as it’s a less risky asset.

Should I buy Basic Attention Token now?

Yes, the price of BAT has fallen significantly, making it a perfect time to buy. However, this would be a long-term hold as investors will need to wait for the next bull run to make huge gains with this token.

What are the best resources for Basic Attention Token price prediction?
What is Basic Attention Token?

The Basic Attention Token is a cryptocurrency that is distributed to Brave users for viewing advertisements. Users can set the number of ads they want to see per hour, which decreases or increases the BAT rewards.

Best Brokers to Buy Basic Attention Token

Basic Attention Token is available on most brokers as it has gained widespread adoption amongst the crypto community. Below are our top picks for the best cryptocurrency brokers that offer BAT coins.

Basic Attention Token Price Predictions

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Contributors

Dominikas Pupkevicius
Writer
Dominikas is a content and research writer with over 6 years of experience. He is passionate about blockchain technology and believes cryptocurrency is the future of humanity. Dominikas lives in the countryside with his 3 dogs and enjoys long walks.