Will BAT Reach 1000? Basic Attention Token BAT Price Prediction 2023-2030
Latest BAT Price
Performance in the last 12 months
- Last 5 Days: +17.2%
- Last 30 Days: -4.0%
- Last 6 Months: -9.2%
- Last 12 Months: -69.1%
BAT Price Prediction: 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.
- 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.
BAT Price Prediction: Will BAT reach 1000?
To reach 1000, BAT Token will have to rise by 3534 times. At $1000, BAT’s Market cap would be $1486 Billion. If BAT were to rise at the rate of 25% every year, it would take it 36 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.
BAT Price Prediction: Will BAT reach $10?
To reach a value of $10, the BAT token would need to increase by almost 43.5 times its current market price. It’s important to note that the BAT token reached its all-time high price of $1.8 in November 2021, which represented a growth of almost 3.6 times in just four months (starting from the lowest price of $0.5 in July 2021).
Based on its 0.9 times growth in one month, it would take approximately 48.3 months (a little over 4 years) for BAT to reach a price of $10. However, this timeline may be influenced by market conditions and other economic factors.
BAT Price Prediction 2023, 2025 and 2030
- Basic Attention Token Price Prediction 2023 is $0.44
- Basic Attention Token Price Prediction 2025 is $0.72
- Basic Attention Token Price Prediction 2030 is $4.025
Also Read: Injective Price Prediction
BAT Price Prediction Today
|Overall Outlook||Partially Bearish|
|1. Market's Wisdom||Bearish|
|1a. Market Data||Partially Bearish|
|1b. Technical Recommendation||Sell|
|2. Crowd's Wisdom||Partially Bullish|
|2a. Social Media Buzz||Higher|
|2b. Social Media Sentiment||Neutral|
State of BAT Report 2023
- 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.
Where can I Buy BAT Crypto?
BAT tokens can be bought from various centralized and decentralized crypto exchanges such as Binance, Coinbase Exchange, CEX.IO , KuCoin, Kraken, Bitfinex, Gemini, Bittrex, Gemini, OKX, Bybit, Gate.io, Crypto.com Exchange, PancakeSwap, SushiSwap and Uniswap.
- CEX.IO – CEX exchange is a digital asset exchange platform that allows users to purchase, sell, and trade numerous cryptocurrencies, with features like as high liquidity, an easy-to-use interface, and superior security measures.
- Kraken – Kraken is a well-known cryptocurrency exchange that is noted for its strong security, innovative trading capabilities, and vast choice of cryptocurrencies. It provides trading, staking, and futures trading services, with a user-friendly interface and a significant emphasis on consumer security.
- KuCoin – KuCoin is a worldwide cryptocurrency exchange that supports several cryptocurrencies and provides services such as spot trading, futures trading, and staking. It has an easy-to-use interface, effective security measures, and a one-of-a-kind reward programme for its users.
- ByBit – Bybit is a well-known cryptocurrency derivatives market that offers perpetual contracts for Bitcoin, Ethereum, and other cryptocurrencies. It focuses on expert traders and experienced investors, and it provides extensive trading capabilities, leverage trading, and a user-friendly interface.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.