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In this sunny Saturday, it seems that the dynamism of the cryptocurrency market is not lacking. Although not all markets follow the same trends, the usual suspects seem to be moving accordingly. Many people will keep an eye on the price of the basic attention token because it has gone on another major hike for some reason.
The price of the basic attention token increases further
As long as Bitcoin stays in the green, there is a good chance that most alternative markets will go through very similar movements. Although the gains for most major markets are quite small – if they exist, there are still some interesting exceptions among the top 50 market capitalizations. Unsurprisingly, BAT is progressing strongly enough, especially now that the hype of the NBB has calmed down.
More specifically, the Basic attention token the price has risen by more than 15% in USD, BTC and ETH. Very impressive statistics, as weekends generally offer little or no bullish momentum for alternative markets these days. With a current value of 0.425 USD, 7 983 Satoshi, or 0.00244 ETH, BAT remains a very solid artist under most circumstances.
It is not entirely surprising that the latest rise in BAT prices has caused consternation on social media. XBTLife sees this as a kind of joke, even if the current gains are firmly locked and rather tangible. Whether or not they stay in place, the question is quite different.
This must be a BAT joke!#bat #courageous #bitcoin #ath pic.twitter.com/9BVDXsPdJ7
– crypto (@xbtlife) April 20, 2019
Chase Simpson seems to have long believed in the basic attention token. His $ 0.11 BAT purchase paid off, although it may be just a sign of things to come. As the Brave ecosystem continues to grow and evolve, the demand for that particular chip may fluctuate accordingly.
People are sleeping #BAT I've had this since it was .11 cents. 400% increase in value. It's crazy !!
– Chase Simpson (@ Chase63949433) April 20, 2019
Looking more closely at the real price chart, it's only natural to see so many people expecting a shot from the moon in the very near future. Although BAT is still halfway to a new record, this latest upward trend has been rather remarkable for many reasons. Christina Todaro is certainly expecting bigger and better things to come now that the recent losses have been recovered.
#BAT on the way to the pic.twitter.com/KBWRRrrTkkb
– Christina Todaro (@CTodaroDMD) April 20, 2019
It's good to see that some of the cryptocurrency markets posted strong gains over the weekend. It's a rather rare sight, although it's never impossible to see a major bull market momentum. For BAT, the current wave of current may run out of steam quite quickly, but that does not mean that gains will be eroded either.
Disclaimer: This is not a trading or investment advice. The above article is for entertainment and educational purposes only. Please do your own research before buying or investing in a cryptocurrency.
Image (s): Shutterstock.com
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