A Quick Update For BAT/USDT Analysis❇️BAT stands for "Basic Attention Token." BAT is essentially a utility token that is used in the Brave browser advertising exchange and in the Brave rewards program. Advertisers utilize the Brave browser advertising platform to run ad campaigns targeting Brave's user base.
❇️More in the pipeline
As if disrupting digital advertising and taking user share away from browsers owned by much bigger companies wasn't ambitious enough, Brave laid out some pretty big goals in a recent Roadmap 2.0 post in February 2021. The company has plans to roll out a DEX aggregator that will provide added value for BAT holders by way of discounts on transaction fees and token swaps. Additionally, the company intends to facilitate decentralized web adoption with VPN and IPFS integrations.
✅ Partnerships
-Announced partnership with Binance Smart Chain.
-Working on adding support for crypto DNS services within Brave. We will share an update on a couple of -integrations by the end of this month.
-Expanded partnerships with NFT companies and projects:
-Brave Ads pilot with Ether.Cards for their NFT sale, including $5.9M in BAT rewards.
-Splinterlands partnership which gives discounts to BAT users.
-NFT launch with Gala Games and sponsored a tournament for Gala Games.
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✅TECHNICAL ANALYSIS
As you can see in the weekly time frame chart for BAT/USDT, the price is trading at around $1.5
The BAT token has been flying lately. While I view this as tremendously positive in the long run, it could indicate the price could be due for a pullback. Potentially even a sizeable one after rallying more than 500% year to date.
These days, when the market has become wilder and more risky, it has become difficult to enter a trading position, and as we can see, BAT may even grow to the first or even second target in short time , and on the other hand, a price correction is necessary, so trade as carefully as you can.
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you agree
