Buy Alert - BAT

2018年7月26日

BUY ALERT: Basic Attention Token – The sleeping Giant?

BAT or Basic Attention Token was one of the early ICOs of 2017, set a record of one of the fastest sales on a fully diluted basis. The token itself represents a utility token that can be used to pay for ads on the web browser Brave. Also in the future users of Brave will be able to receive BAT tokens in exchange to watching ads while browsing.
Before we make the call we want to outline some key fundamentals that support our call even on a longterm perspective (use it as a long term investment hint). Brave CEO Brendan Eich is one of the most important people in the history of the Internet. He is the creator of JavaScript (the most popular web programming language) as well as Mozilla Firefox (one of the most popular browsers in the world). Some of you will remember, but just as Firefox had a 7-year head start on Google Chrome in the race for the Web 2.0 browser-of-choice, we see BRAVE as having jumped out to a similarly large head start in the race for Web 3.0 browser-of-choice.

The digital advertising market is ENORMOUS: it is expected to surpass 300 billion by 2020.

Let us point you towards the following:

Based on 2020 digital advertising forecasted spending, The BAT token is currently priced at roughly 0.09% of that market with a market capitalization of 330M.

Firefox still owns around 15% of the global web browser market – if Brave were able to do something similar you can do the math and see what kind valuation the BAT token might be able to garner.

Recently also Coinbase announced officially that it explores the possibilities of adding the BAT token to its digital assets lists. Having a broad audience of 700 mln users will certainly contribute to the adoption rate of BAT.

Technically BAT has been ranging from 4000 sats to 6000 sats. Hence because it broke the lower range we are taking the call:

Buy BAT below 3950 sats

Sell range: 5300-5600 (or hold longer time for greater returns).

We would also recommend holding and using the BAT token on Brave browse.
Our team has been using the browser in particular because it is safer and faster than Google Chrome.