What is a Basic Attention Token (BAT)?
BAT is the native token of the Brave web browser, which is based on the Ethereum blockchain. Developed in 2017 by Mozilla & Firefox co-founder Brendan Eich, it is a blockchain-based system designed to grab the attention of media consumers using the Brave web browser.
The token is used to mediate payments between advertisers and content creators who allocate space for ads on their websites. Also, for users who see the ads. Brave, therefore, functions as a blockchain-based advertising platform operated by the BAT token.
BAT is based on Ethereum and is an ERC20 token and allows the creation and transfer of smart contracts for irreversible payments made over the network. It works on a PoW consensus like most cryptocurrencies do now. You can also mine these tokens. Currently, the token is limited to a total supply of 1.5 billion.
Before buying the UK Basic Attention Token, it is a good idea to familiarize yourself with what this cryptocurrency is doing. There are many innovative tokens in the cryptocurrency market right now, and BAT is just one of them. Let’s see how this token works and how the price got to that point.
BAT price prediction 2022
4,444 experts largely agree on the price that BAT could reach in 2022: it is unlikely to raise more than $ 1.5, but neither will it fall below $ 1.2. We believe that it is highly possible that this token will fall below $ 1 in 2022 as the crypto market is extremely unpredictable and not even industry giants like Ethereum or Bitcoin are safe from volatility.
However, it is possible that BAT will actually increase to $ 1.5 next year.
BAT Price Prediction 2023
There are predictions that the BAT price will rise to $ 1.9 in 2023, but we think a high of $ 1.6 is more realistic.
Basic Attention Token Price Prediction 2025
Most experts expect the MTD to rise to $ 2.8 in 2025. Some are less optimistic, thinking that $ 2.2 will be the maximum BAT. For example, Crypto Ground investors are predicting a high of $ 2.68 for BAT in 2025.
Basic Attention Token Price Prediction 2030
Previous future price predictions are very risky, so it is difficult to make a prediction BAT price prediction by 2030. If everything continues to go well for both the crypto market and BAT, the basic attention token has a chance to rise to $ 5.
Basic attention token price prediction 2040
Creating a prediction of Basic care token price for 2040 is, of course, even more, difficult than for 2030. The BAT price can go up to $ 10 or go down to $ 0.001. Only time can tell.