Markets· ★★★· bullish·

BAT Jumps 90% in a Week on Brave's Planned Payment Card

  • —BAT gained roughly 90% in a week, rising from $0.10 to $0.19 with a peak of $0.206
  • —The token is up over 270% from its August low but still 90% below its $1.90 record
  • —More than 200,000 people have joined the waitlist for Brave's payment card
  • —Open interest in BAT futures rose from about $19 million to $34 million
Why it matters: The rally is fueled by expectations around Brave's payment card and a possible short squeeze, though BAT remains 90% below its all-time high.
Source: Crypto Insiders