Basic Attention (BAT) Set to Continue Rally on Coinbase Hopes

Cryptovest

Published Oct 22, 2018 01:33PM ET

Updated Oct 22, 2018 02:42PM ET

Basic Attention (BAT) Set to Continue Rally on Coinbase Hopes

Basic Attention (BAT (LON:BATS)) has been on the move in the past days, gradually returning to a higher price range as rumors suggest a listing on Coinbase may arrive soon. Stellar (XLM) has also had small rallies while waiting for the listing, but the performance of BAT has been noticed by traders.

In the past seven days, BAT grew by more than 59%, adding another 19% on Monday, to reach $0.28. BAT started off last week relatively flat, at around $0.18.

The Basic Attention project is seen as one of the most viable post-ICO developments, with the Brave browser completed and a suggested economy to tokenize web ads and user attention. This is one of the reasons that BAT was shortlisted, given that more than 70% of ICO projects do not have a product.

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