Basic Attention Token Falls Below $0.20 After Trading Above $0.22

Basic Attention Token (BAT) was near $0.1943 at an evening check on Oct. 20 after trading above $0.22, leaving the token below a price threshold it had crossed earlier.

At 7:05 p.m. ET (23:05 UTC), BAT traded at $0.1945, up 0.55% over the preceding 24 hours. Its high and low for that period were $0.2216 and $0.1899. A check at about 8:31 p.m. ET (00:31 UTC Oct. 21) displayed a price near $0.1943.

An earlier one-hour move to $0.2208 also put BAT above $0.22.

As of Sept. 30, Brave’s monthly and daily active browser user counts were 128.3 million and 54.6 million, respectively. Those figures measure browser use, not BAT ownership or participation in Brave Rewards, which lets eligible users earn BAT for viewing ads and support creators.

Brave’s July 9 roadmap outlined plans for the Brave Rewards Card to pay BAT on eligible purchases. It also proposed using part of the net revenue from certain wallet, card and payments activities for BAT buybacks. The card has a public waitlist, while the proposed buybacks have no fixed amount or schedule.