Future BAT price prediction based on publishers behaviour

Future BAT price prediction based on publishers behaviour


BAT is an Ethereum based token created on the Ethereum network platform and can be transferred from one user to another without a third party involvement. The different mining nodes of the ethereum network are the one who will validate the transfer of BAT token from one peer to another thus in return they receive reward in form of ethereum gas .BAT token was mainly created to become a native coin of the brave browser. As a native coin of the brave browser, BAT coin connects publishers to advertisers via the brave users.The advertisers purchase the BAT coin to advertise their business on the brave browser such that when publishers publish their work then certain users happen to come across the advert while using the brave browser while at the same time they are consuming the work of certain publisher, then that publisher will earn the reward. The user will also earn some reward for watching the advert. During the Q2 of 2017, BAT conducted its ICO where one BAT coin was going for $0.03. In a very short period of time, the ICO managed to raise over $30 million . Towards the end of December 2017, the price had managed to go as high as $0.4 thus making those who took part in its ICO and were holding the coin by that time to profit.Towards the beginning of 2018, the price then managed to go as high as $0.95 thus making those who continued holding at price $0.4 to profit more.Towards the end of 2018, the price of one BAT coin then drop further to $0.13. In the beginning of 2019 one BAT coin started trading at a price of $0.13 . Since then the price of 1 BAT has been performing well and has managed to maintain over $0.13. Currently, one BAT is trading at $0.23. This price can be affected by publishers, advertisers and users behaviour . The publishers will affect the BAT market price as follows;

1.Publishers behaviour

Since BAT coin was mainly created to reward publishers for their great content, it therefore follows that an increase in the number of publishers on Brave browser will result to an increase in the BAT token price while a decrease in the number of publishers on the brave browser will result to a decrease in the price of BAT token. This can further be explained using the bullish and bearish market as follows;  

BAT bullish market based on publishers behaviour

When BAT coin is in its bullish market condition, then it is considered to be moving in an upward market direction.Since BAT coin was created to become a native coin of the brave browser, it therefore follows that when more publishers are joining the brave browser to share their content, more advertisers will also be joining the platform to advertise their business via the brave browser on the content of those publisher. Because of this, the advertisers will purchase huge amount of BAT token thus causing its price  to increase. In the near future, if more publishers joined the brave platform to share their work, then more advertisers will also join the platform to advertise their business thus the BAT coin will increase much further to over $0.30 as compared to its current price at $0.23. Here is how the BAT coin future market price analysis looks like;

 

BAT future market price.png  

 

From the BAT future price analysis above based on publishers behaviour, there are two points , point A and point B. Before point A, the price of BAT coin can be seen to have gone as high as $0.236. This increase in price is due to an increase in the number of publishers in the Brave platform to share their work. These publishers then dump some of their earned BAT token to several exchanges thus causing the price to move a little bit to point A at $0.220. Some advertisers then demand for the BAT coin in order to advertise their work. More publishers then join the platform thus causing the BAT coin to continue moving further to point B. In the near future, if more publishers continue to join the platform because the reward will have increased due to an increase in the number of advertisers, then the price of one BAT coin will continue increasing further thus it might end up surpassing at a price of over $0.3 

  BAT bearish market based on publishers behaviour  

When BAT coin is in its bearish market condition, then it is considered to be moving in a downward market direction.Since BAT coin was created to become a native coin of the brave browser, it therefore follows that when more publishers are leaving the brave browser publishers program due to several factors like a decline in their earning ,advertisers will also be leaving the platform to look for other platforms with huger users base to advertise their business . Because of this, few advertisers will purchase little amount of BAT token while more users and publishers will be dumping their earned BAT token on several exchanges thus causing its price  to decline. In the near future, if more publishers leave the brave platform due to further decline of its reward , then more advertisers will also leave the platform and look for other platforms to advertise their business thus the BAT coin will decline much further to below $0.22 . Here is how the BAT coin future market price analysis looks like based on publishers behaviour; 

 

  BAT BEARISH.png  

 

 From the BAT future price analysis above based on publishers behaviour, there are two points , point A and point B. Before point A, the price of BAT coin can be seen to have gone as low as $0.22. This decrease in price is due to a decrease in the number of publishers in the Brave platform to share their work due to a decrease in brave reward program. Some advertisers  then purchased some BAT coin to advertise their business on brave platform  thus causing the price to move a little bit to point A at $0.236. More advertisers then also leave the brave platform due to a decrease in number of publishers.As more advertisers leave the platform more publishers also lave  the platform thus causing the BAT coin to continue moving further to point B. In the near future, if more publishers continue to leave the brave  platform because the reward will have decline due to a decrease in the number of advertisers, then the price of one BAT coin will continue declining much further  thus it might end up dropping further to below $0.2.
  Stay tuned to more BAT analysis price based on advertisers behaviour            


quintomudigo
quintomudigo

Trader, Blockchain Technologist and Contentpreneur. Also founder and CEO @ Teacher Forex School.


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