Basic Attention Token Price Predictions: How Much Will BAT be Worth in 2021 and Beyond?
Will Basic Attention Token BAT go up or crash? Read our Basic Attention Token BAT Price Prediction 2021 – 2025
On the hunt for Basic Attention Token predictions? Or have you been struggling to answer the question ‘is BAT a good investment?’ Read on. Find out the top Basic Attention Token Price prediction forecast for 2021 and beyond and discover how much BAT could be worth.
At the time of writing, Basic Attention Token (BAT) has a price of $0.5654 and a market capitalization rate of $846,846,564. This utility token was launched in March 2017 and has seen relatively high levels of volatility ever since. But like many cryptocurrencies, its price has risen to unprecedented levels in 2021. So, what’s next for BAT?
If you’re wondering ‘is Basic Attention Token a good investment?’, you’re in the right place. In this article, we’ll be sharing some of the top cryptocurrency predictions for the price of BAT in 2021-2025. We’ll also answer the question ‘what is BAT’ and explain how this crypto token works.
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- What is Basic Attention Token (BAT) and How Does it Work?
- Short-term Basic Attention Token (BAT) Predictions: 2021
- Long-term Basic Attention Token (BAT) Price Predictions: 2022-2025
- Conclusion: Basic Attention Token (BAT) Price Prediction Forecast
- How Has the Price of Basic Attention Token (BAT) Changed Over Time?
- What Factors Can Affect the Price of Basic Attention Token (BAT)?
- Key Points
What is Basic Attention Token (BAT) and How Does it Work?
Basic Attention Token (BAT) is the utility token of Brave, a digital advertising platform that’s based on the Ethereum blockchain and designed to democratise the world of online ads. This platform centres around the Brave Browser - a search engine that automatically blocks adverts and keeps sensitive data secure.
Instead of being bombarded with ads, users can choose whether or not to view them. The available ads are stored in a Brave database that can be downloaded directly onto a user’s device. If a user chooses to look at an ad, they will be rewarded in BAT. This means they are paid for their attention online, hence the name of the crypto.
The advertisers themselves also use BAT tokens to pay for their advertising campaigns. Of the total pool, around 70% is distributed among users (people who view the ads) while the remaining portion is given back to the advertisers.
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 one minute. One billion tokens were sold during the ICO, around half of which were bought by just five buyers. There is a total supply of 1.5 billion, so 500 million BAT are currently in reserve to develop the Brave platform.
Is Basic Attention Token worth your attention? After months of volatility, let’s take a look at what the top cryptocurrency predictions can tell us about the price of BAT in 2021-2025.
Short-term Basic Attention Token (BAT) Predictions
Basic Attention Token (BAT) price prediction for 2021
What are crypto experts forecasting for Basic Attention Token BAT in 2021?
The first six months of 2021 were a stand-out period for the cryptocurrency market. Between soaring highs and crashing lows, assets such as Basic Attention Token have left many investors feeling confused. Is Basic Attention Token a good investment for 2021? Let’s see what the next six months could have in store.
According to Wallet Investor, the outlook is relatively positive. Although the platform doesn’t believe that we’ll see a new all-time high (ATH) within the next year, it does believe that the price of BAT won’t fall below its current price of $0.5654. In fact, it expects the asset to hit a maximum price of $0.922 by the end of 2021 - good news for anyone who’s wondering ‘will Basic Attention Token reach $1?’.
Even according to Wallet Investor’s minimum predictions, which suggest that BAT could reach $0.5055 by the end of December, we’re unlikely to see a return to the asset’s pre-bull run prices. This is a reassuring sign. After the first market-wide bull run in 2017-18, many cryptos crashed, undoing the progress they had made during the upturn.
Trading Beasts is more optimistic than Wallet Investor. Its short-term prediction for 2021 suggests we could see prices of over $1 before the end of the year, with BAT potentially rising to a top price of $1.0230399 by December. Its minimum prediction is $0.6956671, almost $0.2 higher than the minimum price we saw from Wallet Investor.
Basic Attention Token BAT Price Predictions For 2021:
|Month||Minimum Price||Maximum Price||Average Price||Change|
Like Wallet Investor, Trading Beasts clearly doesn’t expect to see Basic Attention Token hit a new ATH before the end of the year. However, all of its predictions are safely above the token’s current price. Considering the fact that BAT has dropped in value over the last month or so, this is an encouraging prospect.
Trading Beasts’ forecast suggests that Basic Attention Token will increase in price every month between now and the start of 2022 - potentially putting an end to the weeks (and months) of extreme volatility.
Gov Capital, on the other hand, doesn’t expect these high levels of volatility to stop any time soon. According to its analysis, the price of Basic Attention Token could plummet to a minimum price of $0.204237 at the very end of December 2021.
Between July and December, Gov Capital expects the price of BAT to fluctuate between $0.601 and $0.531 - before a sudden crash at the end of the year. This is in stark contrast to the predictions from Wallet Investor and Trading Beasts, both of which believe that Basic Attention Token will remain above its current price for the remainder of the year, with very low levels of volatility.
The silver lining of this prediction is that Gov Capital doesn’t expect this crash to last long. By early 2022, the graph above suggests that Basic Attention Token will reclimb to over $1. This could suggest that its sudden slump is just a bearish adjustment, rather than a genuine reflection of the token’s short-term profitability.
What Will Happen to the Price of Basic Attention Token (BAT) in 2021?
According to the forecasts, the price of Basic Attention Token (BAT) could be anything between $0.204237 and $1.0230399 by the end of 2021.
While Trading Beasts and Wallet Investor both expect the BAT token to increase in value month-on-month, Gov Capital believes the price will continue to fluctuate until crashing at the very end of December.
Will the Price of Basic Attention Token (BAT) Go Up in 2021?
It seems possible that the price of Basic Attention Token could go up in 2021, although not all of the predictions agree with this. The maximum prediction given for 2021 is $1.0230399 - just under double BAT’s current value.
Additional predictions for the price of Basic Attention Token (BAT) in 2021 include:
- Coinpedia: $0.774
- Digital Coin Price: $0.74551294
- Crypto Newsz: $2.50
- Cryptoground: $0.5118
- Cryptocurrency Price Prediction: $2.47
Read Also: Why Basic Attention Token Will Skyrocket
Long-term Basic Attention Token (BAT) Price Predictions: 2022-2025
What are crypto experts forecasting for Basic Attention Token BAT in 2022 and beyond?
With the tumultuous bull run still fresh in our minds, it can be difficult to predict what we’ll see in the rest of 2021. But what are the long-term prospects of Basic Attention Token? Is BAT a good investment for 2022-2025?
Our first long-term BAT prediction comes for Cryptoground. After predicting an average price of $0.5118 for the remainder of 2021, the platform has given the following forecast for the token over the next five years.
In 2022, 2023, 2024, 2025, and 2026, Cryptoground believes that Basic Attention Token will be worth:
- 2022: $0.880371
- 2023: $1.0824
- 2024: $1.319112
- 2025: $1.5882
- 2026: $1.8573
If these predictions are correct, it means that we won’t see Basic Attention Token exceed its current ATH ($1.5279) within the next few years.
By 2025, however, Cryptoground has predicted an average price for Basic Attention Token BAT of $1.5882 - a new record by about $0.6. Although this may seem disappointing to investors after the rocketing growth in the first six months of 2021, it suggests that BAT has reasonable long-term prospects. (Slow and steady growth is definitely preferable to the market-wide bearish adjustment that other analysts have predicted).
Digital Coin Price agrees that Basic Attention Token is unlikely to hit a new ATH until 2025, although its yearly predictions are a little higher.
If this forecast is correct, we could expect to see the following Basic Attention Token prices over the coming years:
- 2022: $0.96
- 2023: $1.23
- 2024: $1.45
- 2025: $1.74
- 2026: $2.01
- 2027: $2.08
- 2028: $2.66
In fact, Digital Coin Price thinks the Basic Attention Token price will be $0.56 in 2021, rising to $0.96 by the end of 2022, $1.23 by the end of 2023, $1.45 by the end of 2024, and an impressive $1.74 by the end of 2025.
As we can see, these predictions are slightly higher than those we saw from Cryptoground. By 2025, for example, Digital Coin Price believes that Basic Attention Token will be with $1.74 - around $0.16 higher than Cryptoground’s prediction for the same year, and around $0.22 higher than BAT’s current ATH.
Digital Coin Price also expects to see relatively high levels of volatility over the next seven years. Although it still believes the price of BAT will increase year-on-year, the graph above shows significant fluctuations, particularly from 2023 onwards. (In contrast to the extreme volatility of 2021, 2022 looks much calmer).
Our final long-term Basic Attention Token price prediction comes from Cryptocurrency Price Prediction. This platform, which is clearly optimistic about the future of the cryptocurrency market, is well-known for its sky-high predictions - and Basic Attention Token is no exception.
Basic Attention Token BAT Price Predictions For 2022:
Basic Attention Token BAT Price Predictions For 2025:
By January 2022, Cryptocurrency Price Prediction believes that Basic Attention Token will be worth $3.32. At almost three times higher than the asset’s ATH, this would require a staggering growth rate over the next six months - though if we look at BAT’s 2021 performance, this wouldn’t be completely unprecedented.
However, as a long-term investment, it projects that Basic Attention Token could perform much better. According to its predictions, the value of the Basic Attention Token could rise to $0.95 by the very end of 2021, rising to $1.8 in 2022, and achieving a mean price of $2.5 by 2025.
If you’re wondering ‘will BAT reach $1?’, this prediction should seem encouraging. Not only does Cryptocurrency Price Prediction believe that Basic Attention Token will outstrip $1 before the end of 2021; by the end of 2022, it believes the asset will be worth ten times as much! And the token’s growth won’t end there.
According to its analysis, BAT will continue to climb to a whopping $28.22 by the end of 2025.
That’s over $26 higher than both Cryptoground and Digital Coin Price’s predictions!
What Will Happen to the Price of Basic Attention Token (BAT) in 2025?
By the end of 2025, the price of Basic Attention Token could reach anything from $2.58 to $28.22. This is a huge range, but all of the forecasts agree that the token will gain value over the next four years.
Will the Price of Basic Attention Token (BAT) Go Up in 2022-2025?
Yes, the predictions suggest that the price of Basic Attention Token will go up in 2022-2025. Although both Digital Coin Price and Cryptocurrency Price Prediction believe we could see some level of long-term volatility, all of the platforms expect to see the price go up year-on-year.
Additional predictions for the price of Basic Attention Token in 2022-2025 include:
- Wallet Investor: $1.308
- Crypto Newsz: $3
- Coinpedia: $1.253
- Trading Beasts: $0.8957308
- Wallet Investor: $1.712
- Crypto Newsz: $3.50-$4.30
- Trading Beasts: $1.0515591
- Wallet Investor: $2.170
- Crypto Newsz: $4.9
- Trading Beasts: $1.2065978
- Wallet Investor: $2.651
- Ripple Coin News: $10
- Crypto Newsz: $7
- Gov Capital: $2.63
Conclusion: Basic Attention Token (BAT) Price Prediction Forecast
The below prediction figures outline some of the Potential high and low of Basic Attention Token (BAT) price prediction forecasts in 2021, 2022, 2023, 2024 and 2025 offered by technical analysts and industry experts.
Would you consider buying BAT?
How Has the Price of Basic Attention Token (BAT) Changed Over Time?
The Brave platform was launched in January 2016 and the BAT token followed in March 2017. After its record-breaking ICO, the price of BAT fluctuated between around $2.9 and $0.088 until the end of its first year on the market. Then, in early 2018, Basic Attention Token got caught up in the crypto market’s first bull run - sending its price soaring to highs of $0.892 before the end of January.
Unfortunately, this price didn’t last long. By the end of the year, BAT had returned to its pre-bull run prices. Although it managed to gain value over the course of 2019, its frequent fluctuations and bearish adjustments were disappointing compared to its sky-high ICO.
It wasn’t until the most recent bull run that BAT’s price saw significant progress. BAT was reasonably slow to get caught up in the growth. While many assets started gaining value in November and December, the majority got swept along in early January - but BAT’s first major bull run occurred at the start of February. The asset’s price rocketed from $0.3091 on 29th January to $0.6179 on 13th February, its most dramatic gain since 2018.
Basic Attention Token continued to climb, eventually hitting its peak of $1.5279 on 16th April, according to CoinMarketCap. From here, things started to go downhill. By 24th April, BAT had fallen to $1.032. A month later, it was worth just $0.5626, and it’s yet to reclimb to $1 - though if some of the predictions are correct, this could happen within the next four years.
What Factors Can Affect the Price of Basic Attention Token (BAT)?
Supply and Demand
The key factor that affects 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 go up to reflect the rarity. If the supply is greater than the demand, the price will fall.
As we mentioned earlier in the article, there is a total supply of around 1.5 billion BAT tokens. Of these, one billion were sold during the ICO, and 500 million were purchased by just five different buyers. Because such a large percentage of BAT are held by a few individuals, this could potentially cause problems.
If one or more of the holders decide to sell a significant portion of their reserves, it could flood the market and cause the supply of tokens to be far greater than the demand. This would have an adverse effect on BAT’s price.
The Price of Bitcoin
The recent bull run has really reinforced that the price of Bitcoin can make or break the cryptocurrency market as a whole. Although Basic Attention Token isn’t a typical BTC competitor (as a utility token, it has a set of unique use cases), the asset has still gained and lost value in line with Bitcoin.
The price of Bitcoin began soaring in November 2020, and within months, most of the altcoins on the market were following suit. Then, when Elon Musk caused the price of Bitcoin to crash after announcing that Tesla would no longer accept BTC payments for its cars, the price of almost every other crypto plummeted overnight - and most haven’t recovered.
Basic Attention Token was no exception. Between April and May, it lost almost half of its value as investor confidence crashed!
- Basic Attention Token (BAT) is the utility token of Brave, a digital advertising platform that’s based on the Ethereum blockchain and designed to democratise the world of online ads.
- At the time of writing, Basic Attention Token (BAT) has a price of $0.5654 and a market capitalization rate of $846,846,564.
- Wallet Investor doesn’t believe that we’ll see a new all-time high (ATH) within the next year, but it does believe that the price of BAT won’t fall below its current price of $0.5654 and could hit a maximum price of $0.922 by the end of 2021.
- Trading Beasts’ short-term prediction for 2021 suggests we could see prices of over $1 before the end of the year, with BAT potentially rising to a top price of $1.0230399 by December.
- According to Gov Capital, the price of Basic Attention Token could plummet to a minimum price of $0.204237 at the very end of December 2021 (but this crash won’t last long).
- By 2025, Cryptoground thinks that BAT could be worth $1.5882 - marginally higher than its current ATH of $1.5279.
- Digital Coin Price believes that BAT will rise from $0.96630886 in 2022 to $1.74 in 2025.
- Cryptocurrency Price Prediction has given the most staggering forecast. After expecting the asset to hit $1 before the end of 2021, it believes Basic Attention Token could be worth $28.22 by the end of December 2025.
- Factors that can affect the price of Basic Attention Token include the relationship between supply and demand, and the price of Bitcoin.
Did you enjoy this article? Whether you’re a prospective BAT investor or a current convert, we hope these cryptocurrency price predictions for 2021-2025 have proved helpful. So, is Basic Attention Token a good investment for your portfolio?
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Is Basic Attention Token a good investment?
The predictions suggest that Basic Attention Token could be a good long-term investment. Although we’re potentially unlikely to see a new ATH in the short-term, BAT could exceed its current record within the next four years.
How high can Basic Attention Token go?
Our highest Basic Attention Token price prediction comes from Cryptocurrency Price Prediction, which believes BAT could reach a staggering $28.22 by December 2025. The token has enjoyed significant growth rates in the past, but to achieve this milestone, it would probably need to sustain a high level of growth over a long period of time. The alternative would be another massive bull run that enables BAT to outstrip its current ATH by over $27.50.