BAT picked up a lot of consideration in November 2018 when it was recorded on both Coinbase and Circle. The BAT cryptocurrency is acknowledged by some large content publishers, including Vice, Barron’s, The Guardian, Washington Post, and Vimeo.
BAT faces a tough competition from the other successful blockchain based stages like Steem, Tron etc. What isolates BAT from that pack is its immediate spotlight on computerized advertisement. Digital advertisement is an immense business, pegged at $209 billion in yearly incomes and outperforming TV promotion spending starting at 2017. Google and Facebook’s promotion stages alone record for 73 per cent of this spending.
The peak cost of BAT so far was $0.86445 on January 9, 2018. As of December 30th 2018, the circulating supply is 1,221,699,089 BAT (out of total supply of 1,500,000,000). The supply is settled, and BAT cannot be mined. BAT is created when a client sees an advertisement. The client gets a part of BAT proportionate to his or her commitment. The Brave program gets a part, and the rest of the part is paid to the content publisher facilitating the promotion.
BAT tokens are spendable for premium content on the BAT stage, alongside advertisement blocks on a Google AdSense-like stage. The Basic Attention Token ICO occurred in May 2017, raising $35 million (156,250 Ether) in 30 seconds. One billion BAT was sold in the ICO, 300 million was put aside for a User Growth Pool, and 200 million was made for the improvement group. BAT rewards from the UGP incorporate up to 5 BAT for every month for early adopters of the Brave Browser.
BAT can be purchased, sold, and exchanged on plenty of cryptocurrency trades, including Binance, Upbit, IDCM, Bittrex, CPDAX, and CoinBene. Over $13 million in BAT is exchanged every day and exchanging sets incorporate BTC, ETH, USDT, and fiat monetary standards like USD. Since BAT is an ERC-20 token, it’s bolstered by any ERC20-good wallets, including the Nano Ledger S and MyEtherWallet.
BAT is currently trading at $ 157,373,187USD at price $0.127951 with a circulating supply of 1,229,949,089. At a weekly scale, it has been trading at the rate of 2.70% in the green. The following diagram is from TradingView. The Stochastic RSI of the past hour indicates a fall and a gradual rise in selling. According to the MSCD line, nothing is certain, however, there is a chance of buying signal after the crossover.
BAT has every one of the makings of the following thing in cryptocurrency: micropayments, an inherent stage, certifiable use cases, and appropriation on each of the three sides of its commercial centre. Investors expect a lot from this cryptocurrency.