BAT Basic Attention Token Price Prediction 2024-2030

Latest BAT Price

Basic Attention Token BAT Price Performance so far

Last 7 Days+10.7%
Last 1 Month-21.9%
Last 12 Months+5.8%

What are the Signals and Predictions?

UTC: Apr 25th, 2024 12:28 AM
Overall OutlookPartially Bullish
1. Market's WisdomBullish
1a. Market DataPartially Bullish
1b. Technical RecommendationBuy
2. Crowd's WisdomNeutral
2a. Social Media BuzzSteady
2b. Social Media SentimentSteady

UTC: Apr 25th, 2024 12:13 AM

  • Basic Attention Token Price Prediction in the next 24 hours is between $0.263 and $0.265
  • Basic Attention Token Price Prediction this week is between $0.266 and $0.288

BAT Price Prediction 2024-2025-2030, Aggregated

  • Basic Attention Token Price Prediction 2024 is $0.395
  • Basic Attention Token Price Prediction 2025 is $0.746
  • Basic Attention Token Price Prediction 2026 is $1.34
  • Basic Attention Token Price Prediction 2027 is $2.01
  • Basic Attention Token Price Prediction 2028 is $2.70
  • Basic Attention Token Price Prediction 2029 is $3.30
  • Basic Attention Token Price Prediction 2030 is $3.83

Also Read: Injective Price Prediction

Will BAT reach 1000?

To reach $1000, BAT will need to rise 3,776x. At $1000, the target market cap will be approximately $1.49 trillion. If BAT were to rise at the pace of 25%, it will take approximately 37 years to reach $1000.

Given that BAT has been classified as a moderate case for investment, here is the 1000 feasibility

  • Growth required to reach 1000: Not Feasible
  • Market Cap at $1000: Not Feasible
  • Time required to reach 25% growth: Not Feasible

BAT can’t reach 1000 under current conditions. Let us assume a burn of 95%. At 95% Burn, To reach 1000, BAT Token will have to rise by 181 times. At $1000, BAT’s Market cap would be $75 Billion. If BAT were to rise at the rate of 25% every year, it would take it 24 years to reach 1000. While this looks more feasible than without the Burn, this too looks impossible.

Is BAT a Good Investment?

Basic Attention Token is a digital advertising platform aiming to address the broken digital advertising market. BAT is the token for a decentralized ad exchange that connects publishers, users, and advertisers to create an efficient marketplace. BAT is an ERC-20 token built on the Ethereum blockchain.

It uses the Brave web browser to track media consumers’ time and attention on websites. The primary purpose of the BAT system is to evenly distribute online marketing money between publishers, advertisers, and online readers.

Key Features:

  • Basic Attention Token aims to provide its users with strong privacy and security while viewing advertisements.
  • Publishers can get improved revenue and better reporting with the BAT system.
  • Advertisers can get better attribution and less fraud with the use of the BAT system.
  • The platform has also introduced the Brave wallet, using which users can buy crypto with other cryptos, debit cards, and credit cards.
  • With Brave Swaps, users can access multi-chain support on the platform.

BAT serves as a unit of exchange in the blockchain-based ecosystem. The token has a maximum supply of 1,500,000,000 tokens, of which 1,499,211,084 tokens are already in circulation. The following are the use cases of the BAT token:

  • Users receive rewards in BAT for their attention on the platform.
  • BAT tokens can be donated to publishers by users on the platform.
  • BAT tokens can be staked to earn passive rewards.
  • Within the BAT ecosystem, BAT tokens can be used as a mode of payment by advertisers, publishers, and users.
  • An advertising budget is paid in BAT on the platform.

Basic Attention Token is a unique concept that aims to improve the digital advertising market. The platform has also planned to increase its use cases in the e-commerce domain. Overall, considering the use cases and key features of BAT, it seems to be a moderate case for investment.

  • In 2022, multichain Brave Wallet was introduced and over 80 DApps joined the Brave Wallet Partner Program.
  • 464,289 on-chain BAT holders and 489,340 on-chain wallets holding BAT across Ethereum, Polygon, BNB Chain, Avalanche, and Solana.
  • Brave Ads campaigns were supported in nearly 200 countries, and over 1.7 million creators have verified with Brave to accept BAT from Brave Rewards users.
  • For 2023, Brave and BAT aim to collaborate more with leading NFT creators and communities across different blockchains, introduce Pay with BAT options, and explore gaming and esports sponsorships and activations involving Brave Wallet and BAT.
  • Brave and BAT are also planning to introduce support for Brave Search Ads to Brave Rewards users, and transition from the Self-Serve Beta Program to the fully accessible public-facing Self-Serve Brave Ads product for advertisers by the end of 2023.

~Charu Taneja

Note: Please consult a registered investment advisor to guide you on your financial decisions.