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Basic Attention Token (BAT)-Blockchain for Digital Advertising

Fri, 22 Dec 2023, 11:14 am UTC

Basic Attention Token. It is a utility token based on the Ethereum technology that can also be used as a unit of account between advertisers, publishers, and users in a new, blockchain-based digital advertising and services platform. It can be used on Ethereum and Solana blockchains. It operates on a web browser called Brave.

Brave browser-

Brave is privacy privacy-focused open source fast browser that blocks third-party ads and trackers. It gets better protection from Google and Big Tech.

Built-in features

Brave

Chrome

DDG

Edge

firefox

Safari

Invasive ads blocked

yes

-

yes

X

X

X

Cross-site trackers blocked

yes

X

yes

-

-

X

Third-party cookie tracking blocked

yes

X

yes

-

Yes

Fingerprinting blocked (cookie-less trackers)

yes

X

yes

X

-

Malware & phishing protection*

yes

Yes

X

Yes

yes

yes

Protections against bounce tracking

yes

X

-

X

-

X

Anonymized network routing (Tor mode)

yes

X

X

X

X

X

Brave Rewards is a program that lets you earn tokens that you can use to redeem rewards or anonymously support the sites you visit. Brave rewards are composed of

  1. Ads
  2. Auto contribute
  3. Tipping

BATUSD prices surged more than 90% from the Aug low of $0.1525.It hit a high of $0.2600 and currently trading around $0.2315. The pair is holding below the short-term (21 and 55-day EMA) and above the long-term moving average (200-day EMA).

The near-term resistance is around $0.270, any indicative breach above will take the pair to $0.3350/$0.50. On the lower side, immediate support is $0.180, and any violation below targets $0.140/$0.10.

Indicators ( Daily chart)

CCI(50)- Bullish

Directional movement index - Neutra

It is good to buy on dips around $0.180 with SL around $0.140 for TP of $0.3350.

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