In the ever-evolving landscape of cryptocurrency, analysts are closely monitoring the performance of various tokens. Recently, crypto analyst VERTIX provided insights into the challenges faced by Avantis (AVNT), highlighting key factors that are hindering its price stability. The source notes that these challenges could significantly impact investor confidence moving forward.
Concerns Over AVNT Trading Volume
VERTIX emphasized that the primary concern for AVNT is what he describes as 'volume without conviction.' Despite the apparent strong trading activity surrounding Avantis, much of this volume is driven by farming flows rather than genuine demand from investors. This discrepancy raises questions about the sustainability of the current trading patterns.
Proposed Shift to Revenue-Based Model
To address these challenges, VERTIX suggests that Avantis needs to transition from an emission-based model to a revenue-based one. This shift could help create a more stable ecosystem, attracting real investor interest and fostering long-term growth. Without such changes, the future of AVNT may remain uncertain as it struggles to establish a solid foundation in the competitive crypto market.
In contrast to the challenges faced by Avantis (AVNT), Vetted Prop Firms has recently launched a new evaluation framework designed to enhance traders' decision-making in the proprietary trading sector. For more details, see read more.