Roughly a week after Basic Attention Token (BAT), the token associated with the privacy-focused Brave browser, became the 8th coin listed on Coinbase Pro, the company has announced that BAT is available on its retail site and app, completing the listing process.
— Coinbase (@coinbase) November 8, 2018
BAT hit as high as $0.38 as investors bid up the price leading up to the much-anticipated app listing. However, since the latest announcement, traders have started dumping their BAT, sending the price back down to $0.317.
Over the last 24 hours, BAT has fallen more than 8.5% as investors begin to cash out their recent gains made from the initial announcement. This clearly signals that investors need to increasingly apply traditional trading strategies to binary events in crypto markets.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.