The recent rise of AVNT has indeed attracted a lot of follow. Starting from a 3.32% increase, traders began to speculate whether this guy is about to explode from the bottom—many even see a potential for more than 200% rise.

The enthusiasm in the community is also quite high. In addition to the rapid rise in prices, there are a bunch of catalysts at play: leverage events, video competitions, trading fee discounts, plus that $300,000 competition prize pool, and high staking rewards with an 86% APY. With all these things piling up, it's no wonder the sentiment in the community can reach 90% positive.

With February approaching, the airdrop incentives and perpetual trading contracts are set to launch, and combined with the growth momentum of the Base ecosystem, FOMO sentiment is spreading within the community. Many people's goal is to see if the rebound can stand above 1 dollar. The buyers are currently in control of the situation, and prices are rapidly rising.

If you're considering following up, the reasons are indeed here - competitions, airdrops, and staking are all real catalysts, but remember that market fluctuations are always present, and risk management must be done well.