BAT Price

As the native cryptocurrency of a popular dApp project, there are several reasons why the Basic Attention Token can be considered a good investment. Rising adoption of the Brave browser by advertisers, content creators, and consumers could surge the BAT price, making it worth including in your portfolio.

The Basic Attention Token price could also trend higher as Brave introduces more applications for the cryptocurrency. As BAT’s DeFi capabilities grow, the crypto could become even more valuable, supporting the BAT price statistics.

A positive mood in the crypto market could also influence higher buying activity, supporting the price of BAT. The Basic Attention Token price could gain as more investors buy and use the token for transactions and other purposes.

The BAT token price holds under the $1 mark as of October 2022, well below its all-time high of $1.92. Analysis of the token’s past performance indicates that supporting market conditions could help it recover to its highest price and make new highs in the future.

However, touching the key $100 mark seems highly unlikely for the Basic Attention Token price, owing to the extremely high total supply and circulating supply of the cryptocurrency. With a circulating supply of more than 1.49 billion, reaching the $100 mark would mean the project has a market cap of nearly $150 billion - an unrealistic valuation for the company.

The BAT price could reach $100 well into the future if Brave’s developers tweak the token’s total supply and reduce it significantly. The circulating supply and total supply of Basic Attention Token should reduce drastically for the possibility of BAT price touching $100 - something that may not happen shortly.

Basic Attention Token (BAT) is the native cryptocurrency of the Brave ecosystem. It has the following use cases:

Utility Token

The Basic Attention Token works as the native currency for the Brave browser to distribute rewards to content publishers, creators, and users who interact with ads supplied by the browser. As a measure of accounting, advertisers also use BAT to share revenue with Brave and the consumers of their ad campaigns.

Buy Goods and Services Online

Several businesses now support BAT as a payment option. You can buy goods and services online using $BAT tokens as the payment method.

Discounted Transaction Fees on Brave Swaps

The Brave Wallet’s Swaps feature lets you swap one digital asset for another across multiple blockchain networks. Holding BAT in the wallet and using it to pay transaction fees for the swaps lets you enjoy discounts when swapping tokens utilizing this feature.

Crypto Asset to Trade and HODL

The Basic Attention Token is a popular cryptocurrency to trade or invest in. You can buy or sell BAT against other cryptocurrencies or hold it long-term if you believe in the future potential of the Brave project. Review the real-time Basic Attention Token price, BAT market cap, circulating supply, 24-hour trading volume, and the latest crypto news before you trade BAT in the market.

Earn Passive Income

You can invest in Basic Attention Token to generate passive income. Visit the KuCoin Crypto Lending page to lend liquidity for BAT on our platform. Earn exciting daily interest for lending Basic Attention Tokens over seven days, 14 days, or 28 days.

While several cryptocurrencies support mining, the Basic Attention Token does not feature in the list. The developers behind the project mined all BAT tokens at the time of its ICO launch.

The Basic Attention Token has a fixed supply of 1.5 billion BAT tokens. No additional tokens can be mined or issued.

The Brave Rewards Creators program offers a lucrative way for content creators and publishers to generate higher revenues from posting their content online and engaging with their audience by cutting out the middleman in traditional centralized online content management platforms.

Here’s how you can earn BAT:

1. You are eligible for earning BAT as a content publisher if you create and upload your content on your own website, online publication, YouTube, or Twitch.

2. Sign up for the Brave Rewards’ Creators service at the link by creating an account with your email address.

3. You can earn rewards in BAT whenever users view the content you produce and publish on the sources mentioned above.

4. Your subscribers, followers, and fans can also contribute a portion of their BAT earnings as tips to support your work. This can be set up on a monthly recurring basis or as a one-time tip.

5. As a verified content creator on Brave, you can also access the Creators dashboard, which provides information on all your tips and gives you a referral link for higher earnings.

6. The Creators self-serve platform lets you convert your $BAT earnings to other currencies via Brave’s partnership with Uphold.