Ever envisioned a blockchain-specific advertising platform that incentivizes you to pay attention? Well, Basic Attention Token (BAT) is a project/crypto that does exactly this. Basic Attention Token eliminates middlemen from the realm of digital adverts, connecting publishers and consumers via its in-house “Brave” browser. Throughout this BAT price prediction piece, we illustrate the future price potential of the Brave ecosystem’s native token — BAT. Is this innovative concept also an attractive investment option? Let’s take a look.
- Basic Attention Token price prediction and fundamental analysis
- BAT crypto price prediction and tokenomics
- Basic Attention Token price prediction: on-chain and social metrics (2022 and 2023 insights)
- BAT price prediction using technical analysis
- Basic Attention Token (BAT) Price Prediction 2023
- Basic Attention Token (BAT) price prediction 2024
- Basic Attention Token (BAT) Price Prediction 2025
- Basic Attention Token (BAT) Price Prediction 2030
- Basic Attention Token (BAT) long-term price prediction until 2035
- Is this BAT price prediction model accurate?
- Frequently asked questions
Want to discuss trading strategies with pro traders? Join our BeinCrypto Trading community on Telegram. Receive in-depth tech analysis, trading tips and find a community of like-minded people. Join now!
Basic Attention Token price prediction and fundamental analysis
As a project, Basic Attention Token aims to incentivize publishers, advertisers, and content consumers. Javascript creator Brendan Eich is the brain behind the project. Eich worked with Brain Bondy on this project and the Brave browser, an open-source, secure, and private web browser.
For the unversed, Brave Software Inc. is the parent org of the Basic Attention Token and the Brave Browser. The use-case of this “Attention token” is simple. Publishers are paid for their content, and users are rewarded for their attention. A win-win for the advert publishers and users without a central platform enjoying a cut.
Highlights
Digital advertising is expected to grow significantly in the future. The potential of Brave and the BAT is huge, and this space is still relatively untapped in the crypto market. But advertising isn’t all that the Brave ecosystem promises. The following features stand out:
- Brave uses on-device ML algorithms to show users preference-specific ads.
- Brave browser is open source, allowing participants to play around with the code and suggest improvements.
- The browser and the BAT ecosystem are connected via tipping and ad rewards.
- The initial tipping support even extended to BTC but later shifted to BAT.
- BAT is an ERC-20 token and compatible with most crypto wallets.
- The BAT ecosystem now involves the Brave Wallet and Brave Swaps for DeFi exposure. It might soon make way for eCommerce utilization.
As of Jan. 3, 2023, Brave has almost 57 million active users each month and 20.1 million active users day-on-day. Almost 1.7 million creators are in the BAT ecosystem, with 3.9 million transactions.
Here is how Brave’s 1.7 million creator network competes against other platforms:
The future price of Basic Attention Token looks optimistic, courtesy of the massive publisher and user network. Last reported in 2021, Brave Browser already had a publisher registration count of 1 million.
BAT crypto price prediction and tokenomics
BAT tokens are meant to incentivize users and publishers. However, if you plan to forecast the future price movements of BAT tokens, you must make sense of the demand and supply curves. This is where tokenomics comes into play.
As per the smart contract issuance plan, the Basic Attention Token ecosystem has a supply cap of 1.5 billion BAT tokens. Also, the initial supply distribution saw over 66% of the tokens going to investors. Currently, 100% of BAT tokens are in circulation, making the entire token model highly liquid.
BAT tokenomics aligns with user expectations, especially with the circulating supply being 100% of the total supply. This could push the future price of BAT tokens.
Basic Attention Token price prediction: on-chain and social metrics (2022 and 2023 insights)
The active address count has clearly dipped over the past three months. The chart shows that prices were high when the active addresses grew at a clip, peaking in early November. As the FTX contagion spread, the address count and prices went downhill.
The 90-day transaction count seems steady, barring the 19 December 2023 peak. However, prices dropped momentarily — indicating the peak in transaction volume might have been a selling activity.
Price volatility can be detrimental to the price action of digital assets. The price of BAT dipped every time the volatility peaked — mid-November 2022 being exhibit A. This means the price of BAT tokens could correct in the short term, provided there is high volatility.
The social chatter around BAT was low, per early 2023 data. A peak in early September 2022 surfaced, but that worked as a price-dipping catalyst at most.
The social and on-chain metrics present a mixed bag for the future price movements of BAT tokens. However, it is advisable to keep an eye on the number of active addresses to track network growth and token adoption. The higher that number, the more buoyant the BAT price prediction can be.
BAT price prediction using technical analysis
Fundamentals, on-chain insights, and tokenomics are reliable parameters, but it’s time to look at BAT’s price chart to identify any patterns.
Below is the weekly price chart of BAT without any markings. There is a clear visual pattern.
Consider the peak (the all-time high) as the reference point. The movements on the left side of the peak look quite similar to the ones on the right side. Our focus will be on the right side — the current price action.
On the left, we have two discernible lower highs, similar to the lower highs on the right. The positioning might not be identical, but it still paints the correct picture.
Check the encircled zones to locate the points from the left and right sides that are nearly identical.
Patterns and points
Here is the chart with all the relevant points (highs and lows).
Our task is to find the next low after B1 (X1), which should help us locate the next high in 2023 (A1).
For that, let us locate the distance and price change percentages from D to A and also D to B1, using two separate tables.
The average of the negative table values can help us locate the next low that comes after B1.
The average comes to 127 days (max 161 days) and -78.67%. And if we draw a forecast line from B1, the low surfaces at $0.1018. This means the price of BAT might drop a little lower than the current levels.
However, if we see any market recovery, the low in 2023 might not be as deep. It can take support at $0.1471 — an important support level.
Basic Attention Token (BAT) Price Prediction 2023
We predicted a high of $0.2548 for BAT in 2023. And guess what! It went as high as $0.2675, aligning with our expectations. Here is how our analysis went:
Based on our previous calculations, we can infer that the BAT price prediction 2023 low could surface at $0.1471. Now, let us find the average of the positive values using the tables above. These values will help us locate the next high from the low of 2023 or X1.
The average of the positive table values is 115 days (329 days max) and 224.064% (lowest percentage hike is 72.27%).
Per the BAT price prediction 2023 model, the actual price forecast is $0.4766. But, the bear market might make the maximum price of BAT for 2023 show at the maximum distance and at the lowest possible price hike. That brings the BAT price prediction 2023 high to $0.2548.
Do note that the Basic Attention Token price predictions for 2023 look relatable and in sync with the existing state of the crypto market.
Basic Attention Token (BAT) price prediction 2024
Outlook: Moderately bullish
Here is the chart pattern that could emerge by the end of 2023. Notice that post the peak at D, the price of BAT, as per this pattern, will be in a downtrend. This is courtesy of the lower highs and lower lows.
From A1, the drop can, therefore, be in 127 days (max 161 days) and at -78.67%, using the table data from above. We can mark this new low as X2.
While the actual drop could push BAT prices to the level of $0.07, by 2024, the bear market effects might start to fade. We can see the low taking support at $0.1751, which coincides with Y1 (one of the more powerful support zones).
As for the high, BAT might manage to go as far as $0.3822 in 2024.
Projected ROI from the current level: 36%
Basic Attention Token (BAT) Price Prediction 2025
Outlook: Moderately bullish
Also, this price prediction 2024 level would defeat the lower low pattern, putting X2 higher than X1. Using the average of positive values from the tables above — 115 days (329 days max) and 224.064% — we can plot the next high (A2). Consequently, the max distance price forecast for BAT puts the BAT price prediction 2025 high at $0.5671.
That year’s low could be the maximum BAT price prediction for 2023 or $0.2548. Resistance lines, if breached, can act as support lines in specific cases.
Projected ROI from the current level: 103%
Basic Attention Token (BAT) Price Prediction 2030
Outlook: Bullish
Now, we can trace the high from the BAT price prediction 2025 low, or $0.2548. The next high could show up between 115 days and 329 days — as per the data from the tables above. The BAT price prediction 2026 high could be at $0.825, keeping the average percentage (224.06%) growth projection intact.
As per the BAT price prediction 2026 model, the low can be at the previous-resistance-current-support level of $0.5671. This is the supposed high in 2025.
If we use the low of 2025 and the high of 2026 to draw the Fib levels, we can trace the path till 2030. Here is how it shapes up:
If the same growth path is traced, the 2030 high can surface at $3.734. Yet, the price of Basic Attention Tokens should be able to breach its previous all-time-high level by early 2029. If it does that, it will be able to make a new high in 2030.
Projected ROI from the current level: 1435%
Basic Attention Token (BAT) long-term price prediction until 2035
Outlook: Bullish
The BAT price prediction levels till 2030 look achievable if the Brave ecosystem and token adoption keep growing. If you plan to hold BAT tokens long-term, the table below will help you anticipate possible prices until 2035.
You can easily convert your BAT to USD
Year | | Maximum price of BAT | | Minimum price of BAT |
2024 | $0.3822 | $0.1751 |
2025 | $0.5671 | $0.2548 |
2026 | $0.825 | $0.5671 |
2027 | $1.07 | $0.836 |
2028 | $1.60 | $1.25 |
2029 | $2.40 | $1.87 |
2030 | $3.734 | $2.91 |
2031 | $5.04 | $3.93 |
2032 | $7.56 | $5.89 |
2033 | $9.45 | $7.37 |
2034 | $14.18 | $11.06 |
2035 | $21.26 | $16.58 |
Is this BAT price prediction model accurate?
This BAT price prediction tracks fundamental network growth and also offers data-backed price action insights to produce accurate results. Our technical analysis is loaded with historical data, something high beta assets typically follow. Finally, we have focused on Brave/BAT as the digital advertising project of the future. Hence, if you plan to go long in Basic Attention Tokens, this BAT price prediction piece is undoubtedly a useful resource. Of course, the crypto market is volatile. Average prices in any given year offer the most reliable reading of future prices, so consider these as well as highs and lows.
Frequently asked questions
Will the value of BAT increase?
Can BAT reach $100?
Is BAT coin worth investing in?
What will BAT be worth in 2030?
Is BAT coin on Ethereum?
Is BAT a stablecoin?
Is BAT crypto limited?
Who owns BAT cryptocurrency?
Disclaimer
In line with the Trust Project guidelines, the educational content on this website is offered in good faith and for general information purposes only. BeInCrypto prioritizes providing high-quality information, taking the time to research and create informative content for readers. While partners may reward the company with commissions for placements in articles, these commissions do not influence the unbiased, honest, and helpful content creation process. Any action taken by the reader based on this information is strictly at their own risk. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.