Basic Attention Token (BAT) has been making major gains across the crypto charts. It has been among the best gainers during the past 24 hours, following the major developments happening across its network. Nevertheless, it is still below the all-time high created in April.
BAT is trading at $1.24 at the time of writing after a 24.2% gain in 24 hours.
BAT price analysis
BAT is among the top gainers during the past 24 hours. The double-digit gains made during this period are the greatest leap the token has taken in recent months, which could signify that it would be headed to more gains.
Before the token made the gains during the past 24 hours, it traded at around $0.98. Due to increased buyer support, the token has reached the level of around $1.36, which is its all-time high.
There is a chance that the token will also make additional gains, in which case it could break out past $1.35 again. This could set the next target at $1.50. The coin’s all-time high levels are at $1.83, and with the current buyer and market support, these levels could be reached.
On the other hand, BAT could also drop to lower levels. In this case, it will test the lower support of $1.10. Going to lower levels could also push buyers to accumulate more because its network activity shows positive growth signs.
BAT is gaining due to the latest announcement that the Brave browser is collaborating with the Solana blockchain. Through this partnership, Solana will offer support to DApps on the Brave browser, increasing the utility of the BAT token. Given the dominance of Solana in the crypto charts, the BAT token is attracting new demand.
Where to buy BAT
To buy BAT during the current gains, you can open an account on eToro. eToro is a leading cryptocurrency platform that supports unique features such as copy trading and low trading fees. It also supports a wide range of cryptocurrencies and trading pairs.
Your capital is at risk.