Basic Attention Token Price Up by 10.56% – Time To Buy BAT Coin?
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- BAT is rallying to escape the bears as price increases by 10.56%, motivating investors to Buy BAT
- Brave Browser launches dedicated wallet-The brave Wallet
- Nouns DAO recruits brave on NYC NFT project
The Brave utility token is trading at $0.86 at press time, a 10.56% hike in price in the last 24 hours. BAT’s market cap value has also increased 10.12% to $1.3 billion. The digital asset is also the 65th most valuable digital asset in the global crypto market. This positive price outlook is a good incentive for investors to buy BAT.
The Basic Attention Token, or BAT, is a blockchain-based digital advertising network that appropriately rewards users for their attention while giving advertisers a greater return on their ad spending.
Basic Attention Token was released in 2017 after one of the fastest-selling initial coin offers (ICOs) in history, generating $35 million in less than a minute. Through its Brave Rewards program, it has since expanded its attention-based advertising experience to users in most countries.
Brave Wallet Launches On Brave Browser
Brave, the popular privacy-focused alternative browser, is now offering to help you organise your digital life even more.
Brave Wallet, a cryptocurrency storage system incorporated into the browser’s desktop version, has been launched, allowing users to access Web3 decentralised apps (dApps) without needing additional plugins or extensions.
The Brave Wallet, unlike most crypto wallets, doesn’t require plugins; it’s browser-native, reducing security concerns and reliance on extra CPU and RAM,” Brave’s designers noted in a blog post published on Wednesday.
Even though browser extension crypto wallets are one of the most popular ways to store funds, Brave’s native wallet reduces the risk of phishing and asset theft.
Brave Wallet also has several other features that set it apart from the plethora of online cryptocurrency storage choices available.
Users will also be able to view live and historical market graphs via CoinGecko and price match for providers with built-in swap functionality.
Brave Wallet also allows users to send/receive assets, buy fiat currency through Wyre, import/export wallets via MetaMask, Brave’s pre-existing Crypto Wallets extension, and hardware wallets such as Ledger.
Brave is a newbie to the browser market, but it’s already done a good job portraying itself as a serious competitor to established, privacy-conscious options like Mozilla.
Brave Wallet appears to be another positive step forward for the firm. It still has a long way to go before it can genuinely compete with the major brands, but it appears to have a chance at this point.
Nouns DAO Partners with Brave on NFT Project
Nouns DAO took over the Sponsored Image on the Brave browser’s New Tab Page to kick off the non-fungible tokens project (NFT. NYC).
The world’s largest meeting of collectors and developers of non-fungible tokens is taking place in New York City. Brave users in the United States were the target of the marketing campaign.
The Nouns DAO is a decentralised autonomous organisation (DAO) focusing on crypto, governance, intellectual property, non-fungible tokens (NFTs), and charity.
Creators who join the movement donate their work to the public domain by renouncing their rights to the work under copyright laws worldwide. The devoted effort may be expanded upon, developed, and repurposed without constraint.
Hundreds of for-profit enterprises outside the Nouns DAO are now utilising the well-known Nouns glasses in various applications, including artwork, clothes, video games, and more.
BAT Price Hike Amid Murky Bearish Market
BAT asset chart shows a steady increase in price as the asset is currently rallying to reach the 61.7% Fibonacci retracement level of $0.965.
The asset has seen significant growth in the past, and investors are optimistic about the tokens ability to break even at the 23.6% Fib retracement level of $1.4 once again.
The Basic attention Token’s current price is below the 50-day simple moving average support price of $0.9. BAT is also trading below the 100-day SMA support price set at $0.57 and the moving average exponential (EMA) value of $1.03.
While the coin is now in a bearish market, it appears to be making price corrections as it trades above nearby indications, encouraging investors to buy BAT.
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