Basic Attention Token (BAT) Prices Rocketing As Rumors On Coinbase Listing Grow. Friday, October 19th
BAT Prices Rocketing As Rumors On Coinbase Listing Grow
Friday 19th, has seen many coins slip to the red zone. Bitcoin, has in the last 24 hours slipped below $6,500 and at the time of press is trading at $6,459. One coin that is enjoying some significant positive momentum is Basic Attention Token (BAT). In the past 24 hours, the coin has soared by over 14%. The new surge has been triggered by rumors that the coin might just be next to be listed on Coinbase. This could be significant for the coin both in the short position and in the long position.
In the short position, we could see the coin soar as high as 30%, like witnessed with 0x. In the long position, it is clear that Coinbase is a top tier exchange and BAT being listed on the exchange will expose it to a greater and higher market. This will see the coin improve and solidify its position in the market.
At the time of press, the coin is trading at $0.226553. The last time the coin was in this position was at the beginning of September. Bulls are now gunning for the $0.38 resistance level.
The rumor that Coinbase could be listing BAT is founded on the fact that back in July the exchange announced it was exploring listing it- among 3 others. This week saw the exchange list one of them-0x, and it remains quite possible that BAT could be next.
In the last couple of months, BAT has grown in popularity. The project’s Brave Browser has become a popular choice for internet users looking to experience a secure and private browsing time. In addition, the browser rewards internet users with BAT for their attention upon viewing Ads. These among other features have made this platform popular and although was founded only 2 years ago, has grown and is now ranked 39th in the market.
BAT/USD Price Chart, Friday October 19th:
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