Basic Attention Token (BAT (LON:BATS)) rallied to a new record high on Nov. 26, even as global markets plunged in tandem on fears of a highly mutated variant of COVID-19 detected in South Africa.
BAT’s price surged over 30% to reach $1.88 for the first time, with its market capitalization rising to $2.74 billion. Its climb appeared in contrast to the cryptocurrency market, which lost nearly $283 billion in the same period.