$AVNT 's revenue has surged in the short term: Veranta protocol revenue reached $60,000 over 24 hours, compared with a usual daily average of $11,000—5.2 times higher.
Possible explanations should be considered separately:
If trading volume has increased across the board, it is generally accompanied by an inflow of funds, making the trend more likely to persist;
If the increase is due to a few large transactions or a one-off event, revenue will quickly return to normal levels.
It's easy to tell the difference: watch the daily figures over the next few days. $AVNT is currently at 0.0797, up 1.01% over 24 hours.
#AVNT
Possible explanations should be considered separately:
If trading volume has increased across the board, it is generally accompanied by an inflow of funds, making the trend more likely to persist;
If the increase is due to a few large transactions or a one-off event, revenue will quickly return to normal levels.
It's easy to tell the difference: watch the daily figures over the next few days. $AVNT is currently at 0.0797, up 1.01% over 24 hours.
#AVNT
