Is BAT the next one after ZRX? Coinbase adding Basic Attention Token (BAT) rumors getting louder

Cryptocurrency market runs on speculation fuel – any price jump or slump you see can be usually explained with a rumor, false or true statement of some crypto “expert” or even directly of a team member.

If you throw a glance at the market today, you will see ZRX and BAT dominating the green color. There is a common denominator for their prices surges – Coinbase exchange listing. ZRX is already listed and started trading yesterday while BAT is the front-runner to be the next one added.

Over the past 24 hours, the Basic Attention Token price has risen by just over 12% to trade at $0.25 at the press time.

The speculation is grounded in the report released by Coinbase that had explored the addition of cryptocurrencies like Basic Attention Token [BAT], Stellar Lumens [XLM] and Cardano [ADA].

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Crypto Twitter is propelling the rumors at blinding speed, below are some of the opinions and tweets that led the discourse:

Coinbase has revealed that it addition of further tokens is in the works in the upcoming months. Coinbase is the leading crypto exchange and works hard to remain ahead of its competition, especially in the realm of regulations. They have already received a US regulators’ approval to list tokens that could be deemed as securities which is a unique position among their competition that is largely in gray area when it comes to regulatory compliance.

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BAT is a token for advertising industry, created alongside the open-source Brave browser. It’s set to be the token advertisers pay for Brave services with, and which is passed on to Brave users when they view adverts. Brave users can also reward their favorite sites or YT channels by donating in BAT.

The Browser is one of the few in the market that are fast, open source and privacy-focused. Brave Browser is able to block malvertisements, trackers and “contains a ledger system that anonymously captures user attention to accurately reward publishers. The two work together to reward the publishers while maintaining trust and eliminating middlemen and fraud.
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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

Sarah Wurfel works as a social media editor for CaptainAltcoin and specializes in the production of videos and video reports. She studied media and communication informatics. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies.

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