Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Basic Attention Token (BAT) => Topic started by: MrSpasybo on December 26, 2023, 09:01:07 PM

Title: Wait for BAT's strong recovery
Post by: MrSpasybo on December 26, 2023, 09:01:07 PM
It's been a long time since we've heard about Brave on major crypto media channels like Cointelegraph or Coindesk. Although Brave has recently had many updates such as Leo assistant (https://brave.com/leo-roadmap/) or cooperation with Electric Coin Co. and Filecoin Foundation (https://brave.com/web3-privacy/) but did not receive interest from investors due to the stagnation of BAT token price.

Price chart shows that BAT price has retraced to Fibo 0.786 of the 2020-2021 bullrun and is currently only breaking EMA34W. It can be considered that BAT belongs to the group of weakest recovery tokens in the market, equivalent to EOS or FLOW, but this means that BAT has a greater price increase potential than tokens that have increased very strongly.

(https://www.tradingview.com/x/9uVBhx3C/)

I expect BAT to break out EMA34 to take advantage of the market excitement when BTC Spot ETF will be launched in January 2024 and soon reaches ~$0.7 price level. Every day, market is adding more potential projects with powerful tokens, BAT needs to attract attention and cash flow from investors. If it cannot become popular, BAT is at risk of being forgotten and unable to create a new ATH in 2025.

Anyway, I'm still using Brave every day and believe in BAT's potential ^^

Are you still following this Brave project? What do you think about the future of BAT token in next 2024 cycle?
Title: Re: Wait for BAT's strong recovery
Post by: KryptoBull on December 27, 2023, 02:15:07 PM
At least, Brave is a project with real value and a widely used product by millions of people globally to avoid ads and earn money from watching ads when using Internet. It is unreasonable that the BAT token is ignored by the market. I also have a lot of faith in BAT token and the impressive return of Brave browser.
Title: Re: Wait for BAT's strong recovery
Post by: ABCbits on February 07, 2024, 11:07:33 AM
Quote from: MrSpasybo on December 26, 2023, 09:01:07 PM
Are you still following this Brave project?

Not anymore. In past, i thought it's decent Chrome alternative (since both use Chromium) since it has better privacy and adblock feature. But i give up after they add affiliate link  for some time and some complaint where website owner/creator never receive donation they supposed to obtain.

Quote from: MrSpasybo on December 26, 2023, 09:01:07 PM
What do you think about the future of BAT token in next 2024 cycle?

I don't expect much from BAT. Many new feature offered by Brave doesn't utilize BAT in any way. For example, Brave user who use Brave Search (their search engine) could receive tiny amount of BAT if the search result contain ads.
Title: Re: Wait for BAT's strong recovery
Post by: erus on April 04, 2024, 04:35:50 PM
Quote from: MrSpasybo on December 26, 2023, 09:01:07 PM
Are you still following this Brave project?
BAT coin doesn't seem popular and I just heard about it, I also saw it in this subforum and then replied to this post. I searched for information about this BAT coin on coinamrketcap and found this link https://coinmarketcap.com/currencies/basic-attention-token/ .
This BAT coin seems to be sleeping soundly because now I see the price is around 0.3 USD, whereas the all time high is more than 1.5 USD. BAT coin to recover seems difficult because Bitcoin has run to reach a new all time high but BAT hasn't run yet, I really doubt for BAT.
Title: Re: Wait for BAT's strong recovery
Post by: MrSpasybo on April 06, 2024, 09:07:28 PM
Quote from: erus on April 04, 2024, 04:35:50 PM
BAT coin doesn't seem popular and I just heard about it, I also saw it in this subforum and then replied to this post. I searched for information about this BAT coin on coinamrketcap and found this link https://coinmarketcap.com/currencies/basic-attention-token/ .
This BAT coin seems to be sleeping soundly because now I see the price is around 0.3 USD, whereas the all time high is more than 1.5 USD. BAT coin to recover seems difficult because Bitcoin has run to reach a new all time high but BAT hasn't run yet, I really doubt for BAT.
Since I started following BAT price chart, BTC has broken above the Weekly EMA34 (Sonic-R) and Kumo cloud (Ichimoku), confirming a trend change for BAT. It is possible that BAT has broken out of the bottom zone and is ready to enter a growth phase along with the market in the second half of 2024.

Brave is still a good project with a real product and millions of users. The BAT token is likely to be used more in a bull run when crypto projects want to reach potential investors who are using the Brave browser.

(https://www.tradingview.com/x/cbQ7nEpH/)
Title: Re: Wait for BAT's strong recovery
Post by: Zed0X on April 07, 2024, 09:22:49 AM
I used Brave from time to time but I've completely forgotten that they have a native token ;D Do you have statistics on the number of Brave users? Perhaps there are still more like me who only uses it simply as a browser and turned off the annoying money earning features. I hope they don't require BAT for using ToR in the future.
Title: Re: Wait for BAT's strong recovery
Post by: MrSpasybo on April 11, 2024, 09:51:24 PM
Quote from: Zed0X on April 07, 2024, 09:22:49 AM
I used Brave from time to time but I've completely forgotten that they have a native token ;D Do you have statistics on the number of Brave users? Perhaps there are still more like me who only uses it simply as a browser and turned off the annoying money earning features. I hope they don't require BAT for using ToR in the future.
Brave user data can be referenced directly on Brave: although it cannot be compared to Chrome or Firefox, Brave still has tens of millions of daily users, meaning tens of millions of people are using Brave as their main browser.

Monthly Active Users: 73.32 Million
Daily Active Users: 26.26 Million [1]

Currently, I'm not really interested in the rewards from Brave because Brave doesn't support the IP of the country I'm living in, I turned it off so as not to be disturbed while working. All I need from Brave is the quite effective ad blocking feature to save time + internet data.
[1] Platform Stats & Token Activity (https://brave.com/transparency/)