The advertisement-focused basic attention token (BAT) soared higher in price today after a major technical break-out on the chart sparked a buying frenzy among traders.
The token, which among other things is used to reward users in the privacy-centric internet browser Brave, rose by 21.7% over the past 24 hours, trading at a price of USD 1.59 at 10:20 UTC on Friday.
The gains today positioned BAT as the day’s best-performing token among the top 100 cryptoassets by market capitalization by a relatively wide margin.
The token, ranked as the 76th most valuable cryptoasset per CoinGecko, has also risen by 62.8% over the past 7 days, and 123.1% over the past month.
The recent gains come after the Brave browser on November 16 announced the Brave
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