• Aventus (AVT), the native token of a blockchain service provider of the same name, has shed 4.2% to $1.22 Wednesday morning
• The move was met with disappointment among the community after a December governance vote voted in favor of the token split
• Although AVT trades on Coinbase, daily volume remains low at just $65,000, and market depth is minimal at around $3,000 per 2%

Aventus Slides 4.2% on Low Volume

Aventus (AVT), the native token of a blockchain service provider of the same name, has shed 4.2% to $1.22 Wednesday morning following plans for a token split being shelved. Although AVT trades on Coinbase, daily volume remains low at just $65,000, and market depth is minimal at around $3,000 per 2%.

Token Split Plans

The token split had previously been approved by community governance vote in December but was met with disappointment among the community when it was decided to pause for now. The company said that it is still a priority to revisit the token split in future.

Record High Price

The AVT token was issued in 2017 and hit a record high of $6.905 at the start of 2018. It currently has a market cap of $7.3 million according to CoinMarketCap.

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