Basic Attention Token(BAT) Price Prediction, Will BAT Price Hit $2 by 2021?
Basic Attention Token reached its highest peak in 2021 leaving behind all the previous predictions. BAT has been showing extreme rising tendencies and hence similar market sentiments are also framed in the current time frame.
With the huge growing adoption, the platform is attracting many new strong hands and hence retail traders have also jumped in. Therefore, if you think about investing in BAT but unsure till where the token will go, then this piece of writing will provide a clear speculation of the upcoming rally.
The article covers the history of the token with a complete technical analysis since its inception. Also the future price movements that can assist you to get a decent picture of the upcoming price rally.
Table of contents
|Cryptocurrency||Basic Attention Token|
|All Time High||$1.65 ( April 07, 2021)|
|All Time Low||$0.06621 ( July 16, 2017)|
What is Basic Attention Token (BAT)?
BAT is the native token of Brave web browser which is built on the Ethereum blockchain. Created by co-founder of Mozilla & Firefox, Brendan Eich, it is a blockchain-based system built to attract the media consumer’s attention using Brave web browser.
The BAT can be used as a means of exchange between users, advertisers, publishers, etc, which is specialized to obtain several other advertising services. The main objective of this blockchain system is to provide the users a platform with fewer ads according to their interest by maintaining their privacy.
BAT Price Prediction 2021
The BAT price by the Mid of 2021 is expected to trend in between $1.6 to $1.7. However, the price may trend within the similar range till the end of 2021. No doubt the price may attempt very hard to smash the target at $2, however, a big push is required to rally above these levels. At the higher end, the price may also hit above $1.8 close to $2.
BAT Price Prediction 2022
The initial couple of months of 2022 is expected to carry the previous year’s close by trading below $2 levels. However, by April 2022 the price is expected to surpass $2 and further it may experience a slight pull back close to $1.8 levels. The price is expected to trend within the same zone till the end of 2022. Moreover, with an extreme bullish momentum the price may regain their position above $2 too.
Price Prediction For Next 5 Yrs
The price is expected to trend within the $2 to $2.7 range for a long time, probably till mid of 2023 or by the start of 2024. However, by the start of 2025, the price is expected to surpass $3 and fluctuate within $3 to $3.6 till the end of 2025. However a strong bullish push may also rally the price above $4 and $5 at the higher end.
BAT Market Prediction
According to Ripple coin news the platform needs to continue the innovation to develop a broader BAT-led digital economy. The BAT price may skyrocket steadily through out 2021 to 2025 and surpass $10 by the end of 2025.
- Digital Coin Price
According to Digital Coin price, the price may reach $2.4 by the end of 2021 and breakout $4 by the end of 2023. In 2025, the price may experience a 400% rise and surpass $5.5.
According to Gov.Capital the price would manifest a steady uptrend. The price could grow and trend below $2 by the end of 2021. The price may range in between $2 and $3.5 throughout the year 2023 and 2024.However according to the platform, the price may surpass $4 with an extreme bullish rally by end of 2025
Our Price Prediction
Considering the previous price movements and the current price trend in 2021, the price is expected to rally steadily. The price by the end of 2021 may attempt hard to cross $2 and keep the bullish momentum intact. By the end of 2022 the price may trend within the similar levels by surpassing $3 would be a difficult task. In 2025 the price may rally above $4 and eventually try hard to smash the highest levels above $5 by the end of 2025.
Historical Price Sentiments
BAT intiated the trade in the mid of 2017 with a price around $0.16 and slashed within a month. However, it regain the previous levels and attained $0.2 in October and rallied high to attain $0.33 to mark the closing levels of the trade in 2017.
The price started the trade with the price $0.42 which peaked to $0.88 within a week. However, the price dumped miserably close to $0.1 by April and trended within the same range in between $0.1 to $0.2 till the end of 2018.
The BAT price maintained a more or less similar price trend through out the year with some minor fluctuations. The price reached the yearly highs at $0.45 in the mid- April and plunged back. However, the price closed the yearly trade below $0.2 at $0.18.
The price began 2020 trade with less than $0.2 and trended within the same range until it reached $0.41 by mid of August. Neverthless, the price plunged back and by the end of December the price traded around $0.2 levels.
The price initiated the fresh trade around $0.2 levels and surged high to reach $0.65 by the mid of February. However including pumps and dumps, the price successfully rallied above $1 by the mid of march. The price remained above the levels since then and hit ATH at $1.65 on April 09, 2021.
BAT, the native token of Brave browser, intends to attract the media customers and their attention. Intending to provide a platform with fewer ads, maintaining user privacy, BAT token is built on Ethereum blockchain
BAT token is expected to rally close to $2 by the end of 2021, however $2.2 to $2.5 may also be an achievable target.
Considering the price history, BAT prices showcases a decent rate of volatility and hence Coinpedia suggest the traders to do your own research before investing
The publishers and content creators get paid in BAT tokens on brave browsers and the users of the platform can use the tokens as utility to pay fees.
BAT tokens can be bought on most of the major cryptocurrency exchnages.