Basic Attention Token [BAT] prices hike following Coinbase announcement
Brave browser’s Basic Attention Token [BAT] has surged 30% over the past 24 hours. The token exhibited a steep surge in prices following the Coinbase announcement of the exchange launching Coinbase Earn for BAT. The token’s market cap has witnessed an increase of roughly 30% and is currently trading with a market cap of $145 million USD.
BAT experienced a steep surge of 30%. The cryptocurrency managed to cross two key resistance levels found at $0.12 and $0.125. The coin’s hike was stopped short by stiff resistance at $0.135. The coin prices fell shortly afterward and began trading around $0.121. The crypto asset has currently entered consolidation.
The MACD levels for the crypto coin is exhibiting a bullish momentum. The hourly RSI shows increased buying of the coin in the market. The 100 EMA line traced at $0.115 is signifying an uptrend for the prices. At the time of writing, the digital currency is trading at $0.1215 and is rising against USD by 15%.
Coinbase Earn was created by Coinbase to create awareness of cryptocurrencies among people. It helps people earn rewards in cryptocurrencies in return for learning about different cryptocurrencies. Coinbase Earn is currently launched for 0x and BAT.
Coinbase Earn for BAT includes four lessons which talk about Brave and its cryptocurrency. Customers will also have the option to earn BAT by using Brave browser.
BAT token seeks to replace profits from advertising with digital currencies. Brave browser, the company behind BAT token, aims to establish the token as a medium of exchange between publishers and advertisers. It also seeks to award people for watching advertisements while they are browsing the internet.
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