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Basic Attention Token (BAT) Technical Analysis: Continues to Decouple Away From Crashing Alt Market

Published 04/24/2019, 04:01 AM
Updated 04/24/2019, 05:23 AM
© Reuters.   Basic Attention Token (BAT) Technical Analysis: Continues to Decouple Away From Crashing Alt Market
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Basic Attention Token is standing out as the best performing asset among the top 30 cryptocurrencies today, pulling away from Bitcoin with a 9.39% lead and securing an impressive 11.20% gain against the US dollar.

In the last 24hrs trading volume has surged by 20% from $90,329,640 to $108,996,225 according to data from Coinmarketcap.

The #22 cryptocurrency has had a promising start to Q2, surging over 95% since April 11 to a new 11-month high at $0.50 on April 20. The most likely reason for this meteoric rise in value over the last few weeks is traders stocking up on BAT (LON:BATS) tokens ahead of the launch of advertising on the Brave Browser. The arrival of adverts has been scheduled to take place some time before the end of the month, and will be a core feature of the Brave platform which incentivises its users to view online adverts.

This article appeared first on Cryptovest

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