BAT is a token issued by the Brave browser. Plenty of people have probably forgotten about it by now, but it was still a familiar name in the last bull market. It’s up 14% in 24 hours, with a price under 20 cents and trading volume of just over $6 million.
For a coin with a market cap of around $300 million, that’s not much volume in a day. The sell orders are so thin you could count them, and just a few buy orders could push the price up. The gains look lively, but trading volume just isn’t keeping up.
For a coin with a market cap of around $300 million, that’s not much volume in a day. The sell orders are so thin you could count them, and just a few buy orders could push the price up. The gains look lively, but trading volume just isn’t keeping up.