Basic Attention Token (BAT) is the token that powers a blockchain-based digital advertising platform. The platform was designed to give fair rewards to users in return for their attention while offering advertisers higher ad profit.
BAT has been steadily rising since the end of July 2021, and many investors now have their eyes on this cryptocurrency. BAT had a price spike in April 2021, when the whole market was on the rise. That’s when the Basic Attention Token price reached its current ATH of $1.65.
Is BAT token a good long-term investment? Well, the answer depends on how you plan to invest in it: for example, are you going to use it as a risky asset in a diversified portfolio? If so, then it can indeed be a good addition. Although price predictions for this token are pretty tame, it does have the potential to spike. We would definitely advise against having it as your only investment, however.
As always, we have to remind you that it is near impossible to make a 100% accurate long-term price prediction, especially for assets as volatile as cryptocurrencies. Although we can make some educated guesses, they may not be accurate. Because of that, please do your own research before investing in any cryptocurrency. This BAT price prediction article is neither financial nor investment advice.
Basic Attention Token Overview and How Does BAT Work?
*as of 10/09/2021
BAT – the Functionality
BAT is a utility token and is exchanged between advertisers, publishers, and users that operate on its platform. It aims to solve the issues both users and advertisers are facing by making ads lucrative for users to see. This way, users have an incentive to look at ads and advertisers are not as threatened by AdBlock or ad blindness. Publishers and content creators also see an increase in profit as a result.
Users that click on ads in Brave Browser get rewarded BAT tokens for their attention all while maintaining their privacy.
Brave Browser is the world’s first global private ad platform. It has over 30M active monthly users and 10M daily ones. The browser uses BAT tokens to incentivize users to click on ads.
Brave Browser has anonymous accounting, meaning advertisers can easily see their full statistics and find out the effectiveness of their ads without violating the privacy of their users.
Basic Attention Token Technical Analysis
Unfortunately, we do not provide our users with precise technical analysis. However, we’ve got an aggregated opinion from those who already have done the analytical part on the TradingView website. Check it out.
Basic Attention Token Price Prediction Long Term
Most experts are predicting that Basic Attention Token will have steady growth and has the potential to reach a price of up to $5 by 2030. As long as the crypto industry continues to gain popularity and the crypto market continues to grow, BAT has a high chance to reach new heights in the future.
It is interesting to note that the majority of experts are not expecting astronomical rises or falls – just a slow and steady climb upwards. Of course, since this is the crypto industry we’re talking about, crashes and moonings are bound to happen. They are near impossible to predict for the long term, however, so if you’re looking to exploit extreme price movements to make a lot of profit, short-term investment and trading might be a better fit for you.
BAT Price Prediction 2021
Although we’re already in the final stretch of 2021, crypto prices may still change dramatically. BAT is in a really good position right now: its price is currently slowly crawling upwards after a major drop in June.
Wallet Investor’s BAT price prediction is that the token will finally be able to re-take $0.90 by the end of December this year, but will otherwise stay in the $0.7-0.8 range this autumn. There are also more optimistic predictions, however: some experts expect it to go up to $1.3 this year.
BAT Price Prediction 2022
Experts are mostly united in their opinion on the price that BAT may reach in 2022 – it is not expected to rise further than $1.5, but also to not go lower than $1.2. We think it is quite possible that this token may drop below $1 in 2022, as the crypto market is extremely unpredictable, and not even industry giants like Ethereum or Bitcoin are safe from the volatility.
However, it is possible that BAT will indeed go up to $1.5 next year.
BAT Price Prediction 2023
There are predictions that BAT price will rise as high as $1.9 in 2023, but we think that a maximum of $1.6 is more realistic.
Basic Attention Token Price Prediction 2025
Most experts expect BAT to go up to $2.8 in 2025. Some are less optimistic, and think that $2.2 will be the max BAT will go. For example, investors over at Crypto Ground predict a peak of $2.68 for BAT in 2025.
Basic Attention Token Price Prediction 2030
Predicting prices so far in the future is very risky, so it is hard to make a reliable BAT price prediction for 2030. If all continues to go well for both the crypto market and BAT, then Basic Attention Token has a chance to rise up to $5.
Basic Attention Token Price Prediction 2040
Making a Basic Attention Token price prediction for 2040 is naturally even harder than for 2030. BAT price may go up to $10, or drop down to $0.001. Only time will tell.
Predicting any digital coin price in the long term is a fruitless task. Because of this, we do not recommend investing in cryptocurrencies other than maybe Bitcoin or Ethereum out of the expectation that they will rise astronomically in 10 or 20 years.
Should You Buy Basic Attention Token?
BAT has good short-term and long-term prospects and has carved a niche for itself in a rather competitive market. Most experts have a bullish outlook on Basic Attention Token. This crypto also has good long-term prospects: BAT offers unique functionality and has attracted a lot of dedicated users. Additionally, it has a fairly large market cap. Basic Attention Token cryptocurrency seems to be a profitable investment.
Before you buy BAT cryptocurrency, consider if it fits into your portfolio. If you are looking for a risky asset to invest in, Basic Attention Token could be a good choice.
How to buy Basic Attention Token?
If you decide to buy Basic Attention Token on Changelly, here is a small guide on how to do it in a couple of steps:
Step 1. Choose the fiat currency you want to deposit. It can be USD, EUR, or your local fiat currency.Step 2. Choose the fiat provider that offers the best exchange rate and various payment methods (Visa/Mastercard, bank transfer, or Apple Pay). Step 3. Enter your BAT wallet address, and fill in the info to pass the KYC process. Step 4. Deposit your fiat currency. Your BAT crypto tokens will appear on your wallet in the following hour. Can’t load widget
Is Basic Attention Token a good investment?
BAT is a moderately good investment. It doesn’t have much explosion potential, both according to investors and judging by its price history so far, but it can provide good returns in the long run. It also has a relatively high market cap of over 1 billion USD.
BAT token has a very active community behind it and an actually applicable use case. Digital advertising is a market that is only ever going to continue to develop, so a cryptocurrency that is so tightly connected to it has a high chance of doing well in the future.
How high could Basic Attention Token go?
Some very optimistic experts are expecting BAT token to eventually hit $9-10.
How can you get Basic Attention Token?
You can buy BAT tokens on major exchanges like Binance or Changelly, exchange other cryptocurrencies for it, or get very small amounts of it for free by using the Brave Browser.
Can I stake BAT?
BAT is a proof-of-work cryptocurrency so it cannot be staked. However, you can still earn interest on it.
How can you get free BAT?
Download the Brave web Browser and enable Brave Ads for a chance to get some free Basic Attention Tokens. Additionally, users can also get BAT tokens by claiming random token grants that are worth around 25-40 BAT.
When was Basic Attention Token launched?
BAT token was launched in 2017 following an extremely successful ICO.
How much will Basic Attention Token be worth?
Experts are predicting that BAT’s price will go up to $2-3 in the next few years.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.