With the cryptocurrency prices once again being on the rise in 2019, investors are once more looking to expand their investment portfolios. The rising prices have encouraged many to venture outside of the top 10 crypto list, and seek out altcoins from the deeper parts of the market.
One of the go-to coins in these situations is Basic Attention Token (BAT), which is trying to revolutionize the way modern online advertising works. As a coin that was also publicly supported by the largest crypto exchange, Coinbase, it is hardly surprising that BAT has been interesting to a lot of investors.
But, what can be expected of it in the near future? To determine that, we must also take a look back, and review its past.
Basic Attention Token's performance so far
BAT is not a particularly old coin at this point, and it only has a little over two years of its own history. Its price never reached thousands of dollars, or even hundreds. In fact, it never even reached $1. At its highest point ever — its all-time high (ATH) — BAT barely reached $0.94, which happened on January 9th. 2018.
Throughout 2018, the coin has been crashing down, rising again, and then crashing once more. Each new growth was weaker than the previous one, but each time its price dropped, it was mostly held by a support at $0.20.