BAT is about to reach it's maximum circulation! How will price play out now?

By trumpman | trumpman | 10 Nov 2020

It looks like BAT, the native token of the BRAVE browser, is up closing it's max circulation of 1.5 billion tokens:

As I have mentioned a couple times in the past, BAT is by far one my favourite cryptos. And now with its max circulation almost reached, I am really curious to see how the price plays out, as it will essentially become a deflationary token. There are no official burns, but you know... People die. People lose passwords..People lose their wallets etc etc.

Unfortunately, despite the fact that more and more people are using the BRAVE browser in the past 3 years, the price has been quite stagnant, ranging at around 10-30 cents. But although price is depressing, adoption is not, as BRAVE reached 20 million MAUS in October:

Same for ad revenues, which are on a constant climb. In case you are not familiar with the tokenomics, BRAVE by default blocks all intrusive ads on the websites you visit. However, if you opt in, it replaces those ads with BRAVE ads. And the ad revenue from these ads is used to buy BAT from the market. 70 % of those bats returns back to the users of BRAVE and 30 % goes to the team for further development. Here's how these revenues and token buys look like in the last two years:

source

As you can see there is a clear upwards trend (November has only begun so don't mind the steep dive in the end of the graphs).

With a slightly declining circulation and with MAUs and ad revenues increasing by the month, imo it's just a matter of time before BAT breaks. Or not. Lol.

All I know is LEO and BAT were two of my biggest investments and bets last and this year. The first has already started to pay off big and I think the time for BAT is coming soon so I am hodling my bag super tight. In the meantime, I will keep donating the free bats I earn from BRAVE to my favorite content creators and sites. That's one of the reasons I love BAT after all! I get to tip people...FOR FREE!

BTW, here's my most recent tip, send just a few seconds ago.