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Tag Archives: Avalanche (AVAX) Price

Watch These Altcoins in February as Hundreds of Millions of Tokens Set to Unlock

Multiple altcoins with relatively large market capitalizations are going to see token unlocks in the upcoming days. These events are normally associated with fluctuating prices because of the shift in the dynamics of supply and demand. However, it’s worth noting that the entities behind them have been through multiple of these in the past years, and cushioning the impact on the market seems likely. Starting off with the first one on our list – Aptos (APT). Data from Token...

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GitHub Glory Returns to Cardano; Avalanche and Optimism Make an Entrance

New findings from crypto analytics firm Santiment provide interesting insights into the development activities of leading crypto assets. The data focuses on the top 10 crypto assets with significant GitHub commits in the last 30 days, with notable progress seen in Cardano, Polkadot, and Kusama. While Cardano reclaimed the top position, Avalanche has secured the fourth spot, indicating substantial development activity in December. Optimism, a notable Ethereum Layer 2 scaling...

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AVAX Skyrockets 50% Weekly, is $40 About to Fall? (Avalanche Price Analysis)

AVAX impressed with its rally this year and seems unstoppable. Key Support levels: $31 Key Resistance levels: $41, $55 1. Price at a Critical Junction AVAX recovered in full Monday’s crash when most of the market ended up in red. Since then, bulls took the price higher and is now found under the key resistance at $41. This spectacular performance made AVAX increase by 50% compared to seven days ago. Chart by TradingView2. Momentum is Bullish It seems unlikely that this rally...

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Avalanche Bucks Market Correction, Large AVAX Transactions Hit Record Highs

Amidst a market-wide correction, Avalanche’s native token – AVAX – has emerged as an outlier, surging by almost 12% over the past day, pushing its yearly gains to 165%. The asset was currently trading at $35.63 – a level not seen since May 2022. AVAX has not only bucked the prevailing trend but also thwarted sell-off pressure following the recent token unlock event scheduled on November 24, during which approximately $213.35 million worth of AVAX was released into the...

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Avalanche Stuck in Bear Trap: 99.5% of AVAX Investors Are Holding Tokens at Loss

The brutal bear market in crypto has significantly affected the price of AVAX. The latest downturn not just extended its weekly losses beyond 17% but also pushed the crypto asset to a multi-year low of $10.14. As a result, the number of AVAX holders in profit has reached an all-time low. Nearly 99.5% of the investors who own Avalanche’s native token are currently at a loss. According to IntoTheBlock’s latest findings, this isn’t the first time the asset has witnessed similar...

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Avalanche Launches $50 Million Real World Asset Tokenization Initiative

On July 25, Avalanche stated that it was on a mission to “pioneer the future of asset tokenization.” Tokenization is poised to be one of the most impactful blockchain innovations of the next decade, it stated. Today, the Avalanche Foundation introduces Avalanche Vista, a $50M initiative to pioneer tokenization on #Avalanche Tokenization is poised to be one of the most impactful blockchain innovations of the next decade, and Avalanche is uniquely equipped to power these...

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2022 Starts in Red: AVAX is the Only Top 20 in Green (Market Watch)

Following yesterday’s sudden price pump to above $48,000, bitcoin headed straight south and dipped below $46,000 hours later. The altcoins are also in the red, with over $60 billion gone from the cryptocurrency market cap. Bitcoin Dipped $2.5K on New Year’s Eve After failing to overcome $52,000 earlier this week, bitcoin had dumped by more than $5,000 in days, as CryptoPotato reported recently. Consequently, the asset struggled below $47,000 for a few straight days. The...

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Crypto Price Analysis Dec-24: Ethereum, Ripple, Solana, Luna, and Avalanche

This week, we take a closer look at Ethereum, Ripple, Solana, Luna, and Avalanche. Ethereum (ETH) Ethereum has reclaimed the $4,000 level and appears ready to move higher towards the next key resistance at $4,400. The battle for the $4,000 level was intense, and it took almost a week until the buyer side prevailed. The price dropped to the former support at $3,700 several times, and the outlook on Monday was grim. But this quickly changed as the market turned back up. As...

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Bitcoin Dipped to 14-Day Low: Avalanche Soars 9% (Market Watch)

Bitcoin’s adverse price movements continued in the past 24 hours, and the asset fell to a two-week low of $45,500. Most altcoins also suffered, with the apparent exception of Avalanche, which has soared by nearly 10% on a daily scale. Bitcoin’s 14-Day Low It was just two days ago when the US Federal Reserve said it will leave the interest rates unchanged, which caused a substantial price surge for bitcoin. The cryptocurrency traded at $46,500 and skyrocketed to $49,500 in...

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Crypto Price Analysis Nov-26: Ethereum, Binance Coin, Solana, Avalanche, and CryptoCom

This week, the market correction continued with most cryptocurrencies suffering significant losses, particularly today when Bitcoin dropped 10% in 12 hours, and altcoins charted double-digit losses. In what follows, we take a look at Ethereum, Binance Coin, Solana, Avalanche, and CryptoCom’s CRO. Ethereum (ETH) Ethereum had a nice rally this past few days and gave hope of a major breakout. However, today’s price action has re-set ETH back to $4,000 ending the past seven days...

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