 | Hello everyone, yesterday I decided to make a post about the 5 latest listings on Kraken. Today it caught my eye that a new coin got listed called Aventus (AVT) with just a market cap of just 5 million dollars and a diluted market cap of around 9 million dollars, ranking it at number 901 on the crypto rankboard. I haven't heard about this coin so I decided to do some more research about it. AVT is an Ethereum token that powers Aventus, a scaling solution for Ethereum that aims to provide faster and cheaper transactions. Having a theoretically scale to 2,000 transactions per second, 133 times more then ETH. It has as volume of around 115,000$ in the past 24 hours. I find it strange that they would list this coin, when we see that the daily trading volume is that low. I guess that Kraken doesn't care about that, and just wants to make some money from the fees. This would make it possible for other low market cap and low volume coins to be listed. Anyway, have a good day today! Tomorrow is saturday, remember that. [link] [comments] |
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