AVNT Token Hits All-Time High Following Binance, Coinbase Listings

The broader crypto market experienced a pullback, but Avantis's native token, AVNT, has reached new highs.

  • AVNT hit an all-time high of $2.66, currently consolidating around $2.3.
  • The token increased by over 60% in the past week, with its market cap nearly doubling to approximately $618 million.
  • Listings on Binance and Coinbase significantly contributed to this surge.
  • Binance announced a 10 million-token airdrop for BNB holders, attracting more buyers.
  • Math Wallet's integration of AVNT further enhances accessibility.

Avantis offers:

  • Leverage up to 500x
  • Synthetic markets
  • Governance through AVNT token
  • Staking options
  • Integration of real-world assets like metals and major currencies

Market Dynamics

  • AVNT shows strong upward momentum, nearing the upper Bollinger Band, indicating potential volatility.
  • Key resistance at $2.66, with support near $2.00 and stronger backing at $1.80.
AVNT price chart with RSI and Bollinger Bands | Source: TradingView

AVNT price chart with RSI and Bollinger Bands | Source: TradingView

  • RSI indicates overbought conditions; a move above $2.66 could push prices to the $3 region.
  • Fixed supply of 1 billion AVNT tokens, with about 258 million circulating. Over 70% locked for airdrops, staking rewards, and early investor allocations.
  • Future token unlocks may create selling pressure if market demand decreases.