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- Digital Ad blockchain (Top altcoin pick for the day) - EconoTimes)
BAT is blockchain-based digital advertising. To improve the efficiency of digital advertising it has introduced a new browser Brave which offers 3-6x faster browsing compared to other browsers. It is a privacy-focused browser and it blocks invasive ads and trackers. The number of monthly active Brave users rose to 62 million in Jun 2022 from 33.8 million in June 2021 and daily active users to 19.2 million. Users can earn BAT by viewing the privacy-respecting ads.
Brave VS Chrome
|
|
Chrome |
Brave |
|
Speed |
Normal speed |
8 x faster |
|
Privacy |
Less privacy |
High private |
|
Ad blocker |
less effective |
Own AD blocker (efficient) |
|
Memory usage |
High |
Less |
Technical Analysis-
BAT regained above $0.450 after a minor sell-off to $0.350. It has outperformed BTC and ETH in the past month. In the 4-hour chart, it holds above short-term (21 and 55 EMA) and long-term 200 EMA ($0.3950).
The immediate significant resistance is around $0.50, any breach above targets $0.62/$0.75/$1.
The minor weakness only if it breaks below $0.35, violation below will drag the pair o $0.25/$0.20.
