In the fast-paced world of crypto, few things get the community buzzing like a hot tip from a seasoned trader. Recently, @MrDegenWolf, a self-proclaimed "Wolf of Pump fun" on Base, dropped a thread on X that's got everyone talking about $AVNT – the native token of Avantis, a decentralized perpetuals exchange built on Base, Coinbase's Ethereum layer-2 network.
For those new to the scene, perpetuals exchanges let you trade assets with leverage without expiration dates, and Avantis specializes in cryptocurrencies, forex, and real-world assets (RWAs) like stocks or commodities tokenized on-chain. This ties into the bigger RWA narrative on Ethereum, where traditional finance meets blockchain for more efficient, transparent markets.
The Dip and Smart Money Moves
It all started with @MrDegenWolf's initial post highlighting what he calls "smart money" – big players or whales – scooping up $AVNT during a price dip. He claimed they're "clipping $10,000+ every 2 mins" and urged followers not to fade the opportunity. According to him, $AVNT is the hottest narrative on Base right now, supposedly backed directly by the Base team itself, aligned with Ethereum's RWA push, and supported by members of @bankrbot, a community or bot service that's been distributing $AVNT airdrops.
To back it up, he shared screenshots of recent transactions showing hefty buys:
And a chart capturing the dip moment:
He even predicted it could flip other hyped tokens like $HYPE, dubbing himself "Wolfstradamus" for his bold calls.
The Surge and Bold Predictions
Fast forward a day, and @MrDegenWolf followed up with an update as $AVNT climbed back up. "Next stop is $4 then $35," he proclaimed, tying the token's strength to its alignment with Ethereum's vision on Base. He highlighted the potential value of @bankrbot's airdrop: at $4, it could be worth $21k, and at $35, a whopping $190k. His message? If you're sitting on the sidelines thinking it's too late, you might miss out on a "generational bag" – crypto slang for a life-changing investment.
The accompanying chart showed $AVNT trading around $2.02, up slightly with increasing volume:
What's Fueling the $AVNT Narrative?
Avantis isn't just another meme token; it's got real utility. As per their official docs, $AVNT powers protocol incentives, governance, and ecosystem growth. Recently, they launched a 40 million AVNT token rewards program, similar to Uniswap's famous airdrop, to boost user engagement in their leveraged trading ecosystem.
The tie-in with @bankrbot adds another layer. Eligible members can claim $AVNT airdrops and even stake for a 35% bonus, as announced on their X post. This has created a frenzy, with community members sharing stories of airdrops worth thousands at current prices.
Base itself is booming as an Ethereum layer-2 solution, and with rumors of its own token launch, projects like Avantis could ride the wave. RWAs are a massive trend, bringing trillions in traditional assets on-chain, and Avantis positions $AVNT right in the middle of it.
Community Reactions and What It Means for Meme Tokens
The thread sparked mixed reactions. Some users echoed the excitement, vowing not to "fumble a gen bag again," while skeptics called it a scam or questioned the sustainability. One reply asked what would drive it to $4 – new users or actual fee flows on Base?
In the meme token space, where hype often trumps fundamentals, $AVNT stands out with its blend of utility and narrative. But remember, crypto is volatile, and predictions like these are just opinions. Always do your own research (DYOR) before jumping in.
If $AVNT does hit those targets, it could signal a shift toward more utility-driven memes on layer-2 chains. Keep an eye on Avantis' website and Base's developments for the latest.
What do you think – is $AVNT the next big thing on Base, or just another pump? Share your thoughts in the comments!