Basic Attention Token (BAT) Price Prediction 2020

Calculating Factors

With a circulating supply of 1,338,750,672 and a maximum supply of 1,500,000,000 like bitcoin basic attention token is near its limited and finite supply. The good thing about this fact means scarcity will create demand and demand will raise the price to significant highs. Another great thing that will contribute to the growing price of basic attention token is inflation will continue to decrease as the total supply is reached.


The Breakdown

Lets get straight to the point! Finite coins are considerably way more valuable than infinite coins. Adding to the fact that basic attention token is a utility token holding is like holding gold. When you own a cryptocurrency you own an asset but owning a utility token means owning a share in the company.

In the business realm we can define a token as a unit of value that an organization creates to self govern its business model, and empower its users to interact with its products, while facilitating the distribution and sharing of rewards and benefits to all of its stakeholders. William Mougayar

The Price

Currently basic attention token is $0.20 with all time high $0.98 and has never fallen below $0.06. Pretty impressive for a new token when we have seen many heavyweights go down hard below the $0.01 mark. Hell hath no fury like the bearish market but only the strong will survive and managing to remain above $0.06 means basic attention token has proven its worth as a serious competitor that is no only here for a good time but for a long time. So based on its history, its sustainability and longevity my basic attention token (bat) price prediction for 2020 is $1.50.


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E. K. Washington™
E. K. Washington™

Bitcoin Investor since '15

Blockchain Ledger Publication
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