Basic Attention Token (BAT) is an empowering token which marked a new record in the global marketplace. As people are more engaged on social media, BAT empowers the users by rewarding them fairly for their attention.
BAT performance hits a new price top beating the other cryptocurrencies in the market. More specifically, BAT massively raised over 30% reaching a price level of $1.88 for the first time in history. Remarkably, its market capitalization also surged to $2.74 billion within a day.
Bullish Trend of BAT
As the entire crypto market is facing a downtrend in recent days with a price fall of top cryptocurrencies. As a contrasting act, BAT is one token which climbed high marking new ATH in the same period.
BAT’s market value rally to its record high influenced the traders to gain their short term profits immediately. Thus, the BAT rises even more 20% after reaching upto $1.88% maintaining a strong resistance in an area around $1.50.
According to CoinMarketCap, the current market value of BAT is $1.45 with a 24 hour trading volume of more than $3 billion. In addition, the BAT is still maintaining a green line with a rise upto 9.10% in the last 24 hours.
Thus, if the BAT continues to mark its margin in green graph with a price surging activity, then it is potential to record a new ATH soon. Most importantly, this particular all time high is marked in just one day in the market.
Interestingly, popular digital currencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), XRP, Binance coin (BNB) plunged in the market. This resulted in a crypto crash with a bearish trend for the entire crypto market.
However, BAT surpasses the crypto crash and ever in history placed a new all time high when all other top currencies are facing a tremendous fall in the marketplace. This surge of BAT is almost equal to crypto market capitalization loss of nearly $283 billion in the same period.