Avantis Coin: A Surprising (Yet Tragic?) Rally to $0.8447 😬

by

The Avantis coin price has surged in the past few days following its closely-watched airdrop as more investors bought, and its market share in perpetual futures grew. Honestly, who needs sleep when you can panic-buy crypto instead? 🤪

Avantis (AVNT) token jumped to a high of $0.8447, up by 315% from its lowest level this month. This surge brought its market capitalization to over $160 million. Oh, and now it’s basically the financial equivalent of a viral TikTok trend. 🚀

  • Avantis token price jumped amid smart money accumulation. Or, as we like to call it, “people who saw a chart and suddenly became experts.” 📊
  • It also soared as Avantis gained market share in the perpetuals industry. Because nothing says “I trust this” like trading something that sounds like a horror movie. 🎬
  • Avantis benefited from the ongoing demand for Base Blockchain tokens. Because of course, we all need more Base in our lives. 🎯

AVNT price jumped as its market share of Avantis soared

The primary reason for the recent surge in AVNT price is Avantis’ continued market share gain in perpetual futures trading. DeFi Llama data shows that the Avantis platform has handled over $2.46 billion in volume this month so far. It processed $4.6 billion in August. That’s like if your Netflix account suddenly started paying you for binge-watching. 🍿

Its performance could accelerate after it moves into the stock tokenization industry. It has already introduced tokenized Coinbase stock into its platform, and plans to roll out more. Because why tokenize art when you can tokenize your dreams? 🏛️

Avantis soared amid increased demand for Base tokens

The other reason why the AVNT price is thriving is the robust demand for tokens in the Base Blockchain. For example, Aerodrome Finance token has jumped, bringing its market cap to over $1 billion as its market share soared. Because nothing says “I’m solvent” like investing in a token named after a sci-fi concept. 🛫

Similarly, Zora has been one of the top coins in the ongoing altcoin season as it was integrated into the recently upgraded Coinbase wallet. Therefore, Coinbase may add Avantis to its platform as it did with Morpho and Aerodrome. Because if Coinbase says it’s a good idea, it must be! (Or maybe it’s a trap. But with better UX.) 🕳️

Smart money accumulation 

Avantis price has jumped as investors have continued to accumulate it. Nansen data shows that 27 so-called smart money investors bought tokens worth $647,000 in the last seven days and sold 130,000 coins. This brought the net inflow to $515,000. Smart money? More like “I saw a meme and bought it” money. 🤑💸

Similarly, whale investors have continued to buy AVNT tokens. They now hold 162,755 coins, up from 63,000 on Sep. 9. Continued whale and smart money buying is generally seen as a bullish catalyst for a coin. Unless the whale is just lonely and needs a hobby. 🐋

Avantis coin price rose amid strong technicals

Meanwhile, technicals contributed to the recent Avantis price rally. The 45-minute chart shows that the coin remained inside the range of between $0.203 and $0.409, and then surged to a record high. Because nothing says “I know what I’m doing” like drawing lines on a chart. 🧠

Avantis token moved above the strong pivot reverse of the Murrey Math Lines at $0.5860. It has now moved to the ultimate resistance at $0.7814. This means that it has more upside to get to the extreme overshoot at $0.9765. Technical analysts are just people who stare at screens and whisper to themselves. 🤯

Read More

2025-09-14 21:35