Basic Attention Token (BAT) is a very specific cryptocurrency that has ramifications beyond the crypto market. In 2021, BAT reached new highs and now crypto-investors are asking ‘how much can Basic Attention Token be worth?’ Let’s recap why BAT is one of the best investment options.
Cutting straight to the chase, Basic Attention Token’s prospects are looking pretty good right now. Here’s a quick look at some of the milestones BAT can achieve in the run-up to 2030.
BAT – A CURRENCY FOR DIGITAL ADVERTISING
Basic Attention Token (BAT) is the utility token of Brave, a digital advertising platform that is based on Ethereum. (ETH) blockchain and designed to democratise the world of online advertising. This platform is centred on the Brave browser, a search engine that automatically blocks ads and keeps sensitive data secure.
There is a fixed total supply of 1.5 billion MTD, all of which is already in circulation. The smallest denomination of BAT is 0.00000000000000000000000000001 BAT (18 decimal places).
Some of Basic Attention Token’s rivals include:
TRON (TRX)
Chiliz (CHZ)
The Sandbox (SAND)
Theta Network (THETA)
Steem (STEEM)
What is the point of the Basic Attention Token?
The team behind Basic Attention Token believes that in its current state, digital advertising is failing not only users, but also publishers and advertisers.
They plan to improve digital ads by adding a monetisation aspect that will reward users for their attention, content creators for content (based on popularity) and provide advertisers with more consistent data.
Some of the benefits of Basic Attention Token include:
Compatible with the Brave browser, one of the fastest growing alternatives to Google Chrome and Safari.
As an ERC-20 token, it benefits from Ethereum security and updates.
It can be passively earned and used to tip people online.
It can potentially revolutionise digital ads by improving the relationship between creators and advertisers and viewers.
One of the first currencies to tackle digital ads with the aim of decentralising the web.
Who is behind Basic Attention Token?
Brave’s senior team has excellent credentials. Founder Brendan Eich helped create the JavaScript programming language and the Firefox web browser. Other team members are alumni of some of the world’s largest technology companies, including Microsoft and Intel.
What is the Basic Attention Token used for?
Instead of being bombarded with ads, users can choose whether they want to see them or not. Available ads are stored in a Brave database that can be downloaded directly to a user’s device. If a user chooses to view an ad, they will be rewarded in BAT. This means that they are paid attention to online, hence the name of the cryptocurrency.
Advertisers themselves also use BAT tokens to pay for their advertising campaigns. Of the total pool, around 70% is distributed to the users (people who see the ads), while the remaining part is returned to the advertisers.
Who uses basic attention token?
When the Basic Attention Token was launched in March 2017, its record-breaking ICO (initial coin offering) raised a total of $35 million in less than a minute. One billion tokens were sold during the ICO, around half of which were bought by just five buyers.
Today, BAT has up to 16.2 million daily active users and 49 million monthly active users.
TECHNICAL ANALYSIS OF BASIC ATTENTION TOKEN (BAT) PRICE MOVEMENTS
Basic Attention Token first became available through its ICO that took place on May 31, 2017 at $0.036 per BAT, a low to which it has not returned. A month later, in June, CoinMarketCap began tracking the price of BAT, where it traded at $0.1566.
Since then, Basic Attention Token’s lowest recorded price is $0.06621 on July 16, 2017 and its all-time high is $1.92, which it reached on November 28, 2021.
In 2021, Basic Attention Token started the year at $0.2051 and ended the year at $1.2089. BAT’s 52-week low is $0.4344.
EXPERT OPINION ON BASIC ATTENTION TOKEN PRICE PREDICTIONS
Experts across the internet have given generally favourable BAT price predictions.
Gov Capital: “The future price of the asset is predicted at $1.3026009876238 (84.583%) after one year according to our prediction system.
This means that if you invested $100 now, your current investment may be worth $184,583 on March 14, 2023, Tuesday.
DigitalCoinPrice: “A minimum value of $1.20 is predicted for the price of the Basic Attention Token in December 2025. BAT may reach a maximum value of $1.56 in 2025 with an average trading price of $1.28”.
ICOcreed: “The Basic Attention Token price is expected to reach a minimum value of $2.22 in 2025. The Basic Attention Token price could reach a maximum value of $2.66 with the average trading price of $2.30 throughout 2025″…
WalletInvestor: “According to our forecasts, a long-term increase is expected, the price forecast for 2027-03-06 is USD 2,968. With a 5-year investment, revenues are expected to be around +327.67%. Your current investment of $100 can be up to $427.67 in 2027.”
Coinskid: “Our forecasting system predicts that Basic Attention Token could increase in value in the near term by +4% to $0.7178 from $0.6936. The system predicts a +9% move from $0.6936 to $0.7537 over the next month, Basic Attention Token has a price prediction of $1.43 in over a [year’s] time”.
Price prediction: “The Basic Attention Token price is expected to reach a minimum value of $17.88 in 2030. The Basic Attention Token price could reach a maximum value of $22.61 with the average trading price of $18.54 over the course of 2030.”
CryptoGround: “The Basic Attention Token (BAT) price after 5 years (as of today) will be around $2.3755”.
Trading Beasts: “According to our forecasts, the price of the Basic Attention Token is going to increase. Now the price of the Basic Attention Token is $0.6935570, but by the end of 2023, the average price of the Basic Attention Token is expected to be $0.8420129”.
CoinQuora: “In the next four years, BAT prices could reach as high as $15. Moreover, reaching this level might not be that difficult for BAT, as additional medium, short and long term price targets could be found to buy or sell orders. This indicates that BAT has a high chance of reaching a new ATH soon in the next five years according to the forecast.”
BASIC ATTENTION TOKEN (BAT) PRICE FORECAST: 2022-2030
According to the forecast, the Basic Attention Token cryptocurrency is expected to increase in the long term. The data predicted that the price of the BAT coin is expected to increase to $0.80 by the end of 2022, $1.60 in 2023, $2.52 in 2024 and $4.65 in 2025. The Basic Attention Token price prediction for 2030 is forecast to reach more than $10 per coin.
Our Basic Attention Token price predictions for 2022 to 2030 are informed by several key factors.
The primary key factor affecting the price of any asset is the relationship between supply and demand. If the demand for a token is greater than the supply, the price will rise to reflect the rarity. If supply is greater than demand, the price will fall.
As mentioned earlier in the article, there is a total supply of around 1.5 billion BAT tokens. Of these, 1 billion were sold during the ICO, and 500 million were bought by only five different buyers. Because such a substantial percentage of BAT is held by a few individuals, this could cause problems.
If one or more of the holders decide to sell a large part of their reserves, it could flood the market and make the supply of tokens much greater than the demand. This would hurt the price of BAT.
On top of that, the recent bull run has reminded us all that the price of Bitcoin can make or break the cryptocurrency market as a whole. Although Basic Attention Token is not a typical BTC competitor (as a utility token, it has a unique set of use cases), the asset has still gained and lost value in line with Bitcoin in 2021.
Bitcoin’s price began to skyrocket in November 2020, and within months, most altcoins on the market were following suit. Then, when Elon Musk sent Bitcoin’s price plummeting after announcing that Tesla would no longer accept BTC payments for its cars, the price of almost every other cryptocurrency plummeted overnight.
Basic Attention Token was no exception. Between April and May 2021, it lost almost half its value as investor confidence plummeted. But then, in November 2021, as Bitcoin surged again, BAT hit an all-time high.
Our Basic Attention Token price predictions strongly suggest that BAT can make a good long-term investment. Here are our Basic Attention Token price predictions for 2022 to 2030.
BASIC ATTENTION TOKEN (BAT) PRICE FORECAST 2022
In 2022, BAT will become more available on different blockchains, making it more available to new investors and users. According to our Basic Attention Token price prediction, the price of BAT is expected to exceed $0.80 the milestone in 2022. The predicted maximum is $0.87 and the minimum is $0.55. By the end of 2022, BAT will be worth $0.79 per coin.
BASIC ATTENTION TOKEN (BAT) PRICE FORECAST 2023
2023 will see the DeFi sector continue to expand on BAT, finding new ways to use the coin and create DeFi applications with it. By 2023, Basic Attention Token has an average price target of $1.12.
Based on our Basic Attention Token price forecast for 2023, we believe the BAT coin will improve significantly during the last six months of the year and rise further in 2023. While we are cautious, we predict that the minimum price for the coin in 2023 will be $0.70, while the maximum price will be in the region of $1.66.
BASIC ATTENTION TOKEN (BAT) 2024 PRICE PREDICTION
Like much of the crypto market, Basic Attention Token will be greatly affected by the halvening of Bitcoin. The BAT 2024 price forecast estimates that Basic Attention Token will start the year at $1.31 and end the year at $3.19. In that time, Basic Attention Token will reach an all-time high of $3.73 and may sink to an all-time low of $0.98.
BASIC ATTENTION TOKEN (BAT) PRICE FORECAST 2025
By 2025, the price of BAT is expected to increase significantly compared to its current value. The token could trade at an average market price of $5.88 in 2025. The expansion of Basic Attention Token in the metaverse and NFTs will begin to attract swathes of new users by 2025. Increasing by 771.48%, BAT will be able to peak at $6.13 in 2025, according to our bat price forecast. At the lowest level, basic attention token will be worth $3.21.
BASIC ATTENTION TOKEN (BAT) PRICE FORECAST 2026
The growing popularity of the Brave browser will cause BAT adoption to increase significantly by 2026. By 2026, the price of the Basic Attention Token will touch $9 per coin. The maximum price of Basic Attention Token will be $9.04, and the minimum will be $4.75. The expected average price at the end of 2026 will be $7.05.
BASIC ATTENTION TOKEN (BAT) PRICE PREDICTION 2027
Have you ever wondered what the price of the Basic Attention Token will be in the next five years? WalletInvestor’s five-year forecast for the coin is $7.5 in 2027, while PricePrediction.net predicts that the Basic Attention Token will have minimum and maximum prices of $8.20 and $11.50, respectively.
2027 will be the year when large financial institutions start buying huge amounts of BAT after it proves to be a sound investment. Our five-year Basic Attention Token price forecast indicates that BAT will be worth an average of $9.20 for much of 2027. The price of BAT will fluctuate from an all-time high of $11.43 to a low of $6.37, and a year-end price of $10.12.
BASIC ATTENTION TOKEN (BAT) PRICE PREDICTION 2028
We have every reason to believe that bat will have a good year in 2028. Another half of Bitcoin will create another bull market and the price of Basic Attention Token will explode.
If things go as anticipated by the experts, according to their data and analytical methods, the minimum price of bat in 2028 should be $8.46. It is also projected that the currency may register a high estimated price of $14.93. BAT will be worth $12.88 by the end of 2028, according to the average price prediction for the Basic Attention Token.
BASIC ATTENTION TOKEN (BAT) PRICE PREDICTION 2029
In 2029, an increasing number of content creators and advertisers will join the BAT ecosystem.
According to our Basic Attention Token (BAT) price forecast for 2029, the minimum price of the coin should be around $15.13, while the maximum price should be $19.52. The average price of BAT, according to our projections, will be $16.76 in 2029.
BASIC ATTENTION TOKEN (BAT) PRICE PREDICTION 2030
Smarter ways of using ads and monetising them will drive Basic Attention Token to higher highs in 2030.
According to our Basic Attention Token price prediction and forecast for 2030, it is expected to register a minimum price of $18.01, while the maximum price is expected to be $25.07. The average price per BAT coin is projected to be in the region of $23.47.
CONCLUSION: HOW MUCH COULD THE BASIC ATTENTION TOKEN BE WORTH?
Taking all this into account, Basic Attention Token is positioned to do immensely well over the next eight years or so. That said, you should never assume that any investment is perfect: there are always a million and one ways a cryptocurrency can fall apart.
The biggest stumbling block for Basic Attention Token is that it has struggled to drive adoption. BAT’s adoption is key to its success and the primary way it will grow in value. Therefore, BAT needs to work harder to attract new users. If it does not, it may not compete against its rivals.
Elsewhere, crypto regulation will continue to loom over the market in the coming years. Although Basic Attention Token is arguably less exposed to the threats of crypto regulation, it could still have a detrimental impact if regulation is too strict.
Will the Basic Attention Token (BAT) increase in 2022?
Yes, Basic Attention Token will rise in 2022 and will reach an annual high of $0.87. The price of Basic Attention Token is not expected to plummet in 2022, according to our Basic Attention Token price prediction.
Will the Basic Attention Token (BAT) increase in 2025?
Our Basic Attention Token price prediction is very bullish for 2025, estimating that BAT will reach a new all-time high of $6.13. Such a high would be 219.27% above BAT’s current all-time high of $1.92.
Will the Basic Attention Token (BAT) reach $1?
Yes, Basic Attention Token will reach $1 again. BAT first surpassed $1 in 2021 and our Basic Attention Token price prediction estimates that this will happen again by 2023 at the earliest.
Can the Basic Attention Token (BAT) reach $10?
Basic Attention Token will reach $10 for the first time in the next five years (by 2027) where it could even reach a record high price of $11.43. In subsequent years, Basic Attention Token will appreciate to prices well above the $10 milestone.
How much will Basic Attention Token be worth in the next five years?
Wallet Investor’s Basic Attention Token price prediction estimated that the price could move to $0.82 in one year. For the five-year time frame it estimated a price of $2.36. DigitalCoin’s BAT crypto price prediction was similar, projecting that the coin could average $0.74 in 2022 and $1.98 in 2025.
eToro – The Best Platform to Buy BAT
Virtual currencies are highly volatile. Your capital is at risk.
Are you still contemplating whether to buy BAT? Here are answers to some of the most common questions we receive about investing in Basic Attention Tokens:
Frequently Asked Questions about the Basic Attention Token.
What is the Basic Attention TokenBasic Attention Token used for?
The Basic Attention Token is used to distribute the money earned from advertising campaigns more evenly between creators, advertisers and viewers.
How do I earn a Basic Attention Token?
You can earn a Basic Attention Token simply by using the Brave browser when viewing ads or as a content creator. You cannot earn the Basic Attention Token by gambling or mining, as the entire supply is already in circulation.
Is BAT a stablecoin?
No, BAT (Basic Attention Token) is not a stablecoin. It is a utility coin that can be as volatile as any other cryptocurrency. Its price is not backed or fixed by fiat currency.
Is the Basic Attention Token a good investment?
The Basic Attention Token is an excellent investment. Since its launch in 2017, BAT has generated an ROI of 314.24%.
Will the Basic Attention Token increase?
The Basic Attention Token is expected to increase in the run-up to 2030. Our Basic Attention Token price forecast expects BAT to increase in 2023 to an average of $1.12 and reach a price above $10 by 2027.
When will the Basic Attention Token take off?
After reaching prices above $1 in 2023, the Basic Attention Token will take off in 2024, reaching a new all-time high of $3.73. New highs are expected before 2030.
What price could the Basic Attention Token reach?
According to the Basic Attention Token price prediction, an exponential increase is expected in the long term. The price of BAT could rise to $11.43 by 2027, which would be an increase of 1,524.96% in five years.
What is the Basic Attention Token price prediction for the next bull run?
The last few cryptocurrency bull runs have been initiated by the halving of Bitcoin. Given this fact, the next bull run will take place in 2024 and then in 2028. The highest predicted prices for the Basic Attention Token in these years are $3.73 and $14.93.
How high will the Basic Attention Token go?
Price Prediction has so far given the highest estimate for the Basic Attention Token. They believe that the Basic Attention Token will rise to $31.05 at the most in 2031.
Basic Attention Token Price Prediction 2040
Our Basic Attention Token price prediction model implies that by 2040, if BAT continues on its upward trajectory, it may reach a price range of $40 to $50 per coin.
