Source : cryptodaily.io
With the recent surge in interest in cryptocurrency, many people are wondering about the potential of different coins. One coin that has been getting a lot of attention lately is BAT. In this BAT price prediction, we’ll take a look at what BAT is, its potential price prediction, and whether or not it’s a good investment.
What Is BAT?
The Basic Attention Token (BAT) is a revolutionary concept for the digital advertising industry. This token holds the key to successful, non-intrusive advertising on digital platforms. To break that down, BAT allows users to earn from watching advertisements if and when they please. But how does that work?
Well, BAT is the native token of the Brave browser. Brave is an open-source web browser that limits browser-based advertising to users interested in watching ads. By default, the Brave browser does not show any advertising.
However, users can decide to permit the browser to display ads. When they do this, they can earn free crypto, paid in BAT, for their viewership. Overall, this improves the user browsing experience and helps advertisers place their ads in front of more interested individuals, thereby generating more relevant conversions.
On the other hand, Bondy is a savvy software engineer, having worked as a developer at Corel Corporation, as a CTO at Mozilla, and as a software development lead at Khan Academy.
In 2017, Eich and Bondy launched BAT in one of the most successful cryptocurrency launches ever recorded. BAT raised at least $35 million in one minute during this initial coin offering, proving that many people perceived the coin as a worthwhile investment.
But has BAT managed to keep its value up over the years? Will it soar to greater heights, or will it crash and burn over time? Let’s find out.
What Is BAT’s Price Prediction in 2022?
There isn’t much of 2022 left to predict, but there’s a lot to analyze when it comes to BAT’s performance. In general, 2022 was a challenging year for many cryptocurrencies. The crypto market suffered extreme volatility due to external global factors, and many assets saw their values tank significantly within this period.
BAT is among the cryptocurrencies whose price took a nosedive in 2022. While the coin started the year on a high note, its value steadily decreased, hitting lows of $0.273 at the close of October. This was from a high of $ 1.30 in January.
Between January and November, BAT hit highs of $1.30, $0.94, $0.898, $0.946, $0.653, $0.439, $0.453, $0.469, $0.354, and $0.309, respectively. The coin’s lowest value registered within the same period is $0.72, $0.648, $0.634, $0.632, $0.359, $0.285, $0.360, $0.329, $0.298, and $0.273.
Will BAT’s Value Rise By The End of 2022?
Despite the apparent decline in value that BAT has suffered, the last two months of 2022 carry with them the hope of a price spike.
As the crypto market stabilizes, BAT’s value is likely to take a significant turn for the better. On estimate, BAT can hit a high of $0.645 by the end of December, giving the coin at least a 33.6% spike from the highest value it recorded in October 2022.
BAT’s future is also highly promising. With more and more people realizing that they can cash in on viewing ads, the coin will likely attract more investors and increase prices.
Will BAT’s Value Drop By The End of 2022?
There is a very low likelihood of a BAT price drop by the end of 2022. The main reason behind this assertion is that the crypto market has shown signs of reduced volatility during this period.
Besides, as the holiday season sets in, more advertisers are likely to increase their ad spend on the Brave browser to reach more audiences with free time to watch ads, thereby increasing BAT’s value.
However, in the event of a price decline, the worst of the coin’s performance that investors can expect by the close of the year is half the average of all its lowest prices recorded in 2022.
For the entire year, BAT’s average lowest price is $0.454. Therefore, BAT is not likely to go below $0.277 by the end of December 2022.
What Average Price Will BAT Maintain in 2022?
At its extreme best, BAT had an average value of $0.645 from January to October 2022. On the flip side, BAT’s average lowest price was $0.454 for the same period.
So, on average, BAT is expected to have a value of $0.30 by the end of 2022.
What is BAT Price Forecast From Other Analysts?
There’s a lot of speculation about how well BAT will perform in the remaining part of 2022 and the coming years. The general outlook from multiple professional crypto analysts is that the coin has the potential to rise in value as the years go by.
Part of the reason why analysts seem optimistic that BAT is one of the most promising cryptocurrencies to invest in is the coin’s utility. BAT plays an instrumental role in shaping the digital advertising industry.
Through this token, users can enjoy uninterrupted browsing or benefit from their ad viewing efforts. On the other hand, advertisers will get value for their ad spend because only interested individuals will be viewing their ads.
Considering that the estimated global ad spends in 2022 is $616 billion and growing, BAT is definitely in for a price spike should it manage to tap into the industry.
Let’s explore the predictions that various analysts gave for BAT’s performance.
Price Prediction.Net BAT Price Forecast
Price Prediction.Net, an expert in all things cryptocurrency analysis, indicates that BAT will experience a slight price improvement by the end of 2022. According to this expert analysis platform, BAT’s lowest value in November 2022 will be $0.28, and in December of the same year, it will be $0.31.
On the high side, BAT will be worth $0.32 in November and $0.34 in December. Averagely, BAT’s value will hit $0.31 in November and $0.32 in December.
TechNewsLeader BAT Price Forecast
Through comprehensive research and historical data analysis, TechNewsLeader believes that BAT will close the year on an upward trend. In their price prediction, TechNewsLeader indicates that the lowest value BAT will have in November and December is $0.29 and $0.30, respectively.
The analyst also predicts that the highest value within this period will be $0.32 and $0.34, respectively, while the average will be $0.31 and $0.32, respectively.
DigitalCoinPrice BAT Price Forecast
DigitalCoinPrice’s forecast on BAT’s price shows that the coin will rise in value, ending the year at $0.25 in November and $0.26 in December. This is the lowest value the coin can have, according to DigitalCoinPrice predictions.
On the other hand, BAT can hit highs of $0.36 and $0.38 in November and December, respectively. However, on average, BAT could be worth $0.29 in November and $0.33 in December.
Gov.Capital BAT Price Forecast
From Gov.Capital’s perspective, BAT’s value is up for a significant spike in November and December 2022. Within this period, Gov.Capital speculates that the coin will be worth a maximum of $0.272 and $0.455, respectively.
On the lower side, Gov.Capital estimates BAT will be worth $0.266 in November and $0.336 in December.
The average BAT price from Gov.Capital is $0.269 and $0.396, respectively.
BAT Price Prediction 2025
The future is unbelievably bright for BAT’s value. Between 2023 and 2025, there will be a growth spurt in digital advertising as users seek more privacy and advertisers seek a higher return on investment for their ad spend.
Fortunately, BAT stands in the perfect position to offer both outcomes. For this reason, the coin’s utility is bound to increase, and so is its value.
By the end of 2023, BAT’s forecast indicates that it will be worth at least $0.558 and at most $0.693. On average, the coin will be worth $0.618.
In 2024, BAT price predictions estimate that it will hit highs of $1.117, lows of $0.886, or an average of $0.981.
BAT’s price prediction for 2025 indicates that BAT will be worth a maximum of $1.587, a minimum of $1.250, or an average of $1.400.
BAT Price Prediction 2030
The last half of the decade also shows much promise for BAT’s value.
As more people begin to embrace self-regulated consumption of digital content, the Brave browser will grow in popularity, and its native token will benefit in value from this growing fame.
Now let’s look at BAT Coin’s price prediction from 2026–2030.
By the end of 2026, BAT’s price forecast shows it will reach a staggering $2.135 on the high side and $1.695 on the low side.
At the end of 2027, the BAT value prediction indicates that it will hit highs of $2.777 and lows of $2.288, for an average of 2.469.
In 2028 and 2029, BAT is expected to be worth an estimated maximum of $2.710 and $3.900 and a minimum of $2.340 and $3.266. On average, it will be worth $2.459 and $2.446, respectively.
BAT’s price prediction for 2030 shows BAT will have hit its all-time high of $5.620, an average of $4.963, or a minimum value of $4.650.
Will Basic Attention Token Go Up or Down?
BAT’s price will go up in the remaining months of 2022. In December, the coin’s highest estimated value can hit $0.645. This will be a 33.6% increase from the highest value it presented by the end of October.
In the long run, BAT’s value will also increase. By 2030, the coin will have an estimated maximum value of $5.620, about a 370% increase from its all-time high.
Is Basic Attention Token a Good Investment?
BAT is a worthwhile investment. The coin’s utility in digital advertising is essential and unique. Consequently, the team behind the coin has at least 50 years of combined experience in software engineering. This indicates the coin’s structural ability and financial potential, making it a worthwhile investment.
Should I Invest in Basic Attention Token?
A BAT investment is worth considering. The coin has a high potential for growth as digital advertising broadens its scope. However, cryptocurrencies are always volatile. Despite its promising outlook, BAT could also cost you a lot if its prices fluctuate negatively. Therefore, be cautious as you invest, and only put in the amount you are willing to lose.