BAT Market Volume Hits Highest Point in 90 Days
The Basic Attention Token (BAT) market volume measured hourly has hit $41.09M, marking its highest point in 90 days - signaling potential growth for investors interested in buying into this digital asset!
Jan. 20, 2023 1:20PM
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A graph showing the recent surge in Basic Attention Token (BAT) market volume over the past 90 days
The Basic Attention Token (BAT) market volume measured hourly has hit $41.09M, the highest point in the last 90 days. This is great news for investors and traders of BAT, as it signals a potential increase in demand for the cryptocurrency. The surge in volume comes after a period of relative stability for BAT, with prices hovering around $0.30 USD per token since mid-May. It appears that investors are now beginning to take notice of the digital asset and are looking to capitalize on its potential growth. BAT is a utility token based on Ethereum’s blockchain technology and was created by Brendan Eich, the founder of Mozilla Firefox and Brave Software Inc., an open source web browser company. The token was designed to be used within Brave’s ecosystem as a way to reward users who view ads or content creators who create content that users view or interact with. In addition to being used within Brave’s ecosystem, BAT can also be traded on major cryptocurrency exchanges such as Binance and Coinbase Pro, allowing investors to buy and sell tokens at their own discretion. With this increased liquidity comes increased interest from investors which could explain why market volume has been steadily increasing over the past few weeks. It remains unclear if this recent surge in market volume will lead to sustained growth for BAT but it certainly bodes well for those already invested in the digital asset or those looking to get involved soon. Only time will tell if this recent spike is just a temporary blip or if it marks the start of something much bigger for BAT holders everywhere!