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Basic Attention Token (BAT) Reaches New Heights

18 March 2021 14:05, UTC
Anna Martynova

On March 17, Basic Attention Token (BAT) reached a new all-time high at $1.20. The token price at the time of writing was $1.29. Over the past 24 hours, the token has grown by more than 32%. Its previous all-time high was on January 9, 2018, when it closed its daily candle at $0.88. The increase in prices, as a result, led to an increase in BAT's market capitalization. It currently exceeds $1.92 bln.

This milestone is the result of Brave's plan to increase the utility of the token. Brave has said it will launch its own decentralized crypto exchange.
The Brave browser has about 25.4 mln monthly active users and about 10 mln daily users. Brave plans to integrate BAT with search engines, virtual private networks and e-commerce stores.

Earlier this month, Brave announced the launch of its own search engine, which will be available for both mobile devices and computers. The Tailcat search engine will significantly increase anonymity. According to Brave, Tailcat operates without collecting the user's IP address and personal information.

Image: Cointral