BAT within striking distance of top 100

Over the past week, BAT pulled off a staggering 72% increase, rocket-strapped by a huge volume breakout that saw prices move from under a dime up toward $0.20. Its market cap has jumped to nearly $295 million, pushing its ranking up to around #122 to #151. The top 100 is officially within striking distance.

BAT used to be a top-50 regular. But after hitting an all-time high of $1.93 in November 2021, propelled by the trading start of the BAT ETF, the token entered a brutal downward slip. BAT officially slid out of the top 100 market cap rankings roughly three years ago... spending over 1,000 days putzing about the mid-100s and 200s token ranks. From it's low of $0.055 in August it's almost 4x in just over a month!

Why the pump? In addition to the markets early bump this week, just yesterday team Brave announced that over 200,000 people joined the waitlist for their new Rewards Card, which pays out in BAT.

BAT has a strict maximum supply cap of 1.5 billion tokens, and virtually 99.7% of it is already circulating. There are no massive unlock schedules or heavy venture capital supply dumps waiting to dilute retail investors. Additionally, the 24-hour trading volume just cleared $70 million, meaning money is flowing heavily back into the asset.
Re-entering the top 100 is a huge psychological milestone. Once an asset re-claims that badge it regains a degree of institutional visibility and attracts a fresh wave of retail momentum.

Curious to hear if anyone knows what else is happening to cause the recent updraft - didn't get to join their community call today. Did they announce something more then?