Can any Avalanche-based tokens come close to its flagship AVAX?
Neither Trader Joe nor GMX had a higher trading volume than AVAX. AVAX has a more even distribution among whales and retail holders than the others.
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Neither Trader Joe nor GMX had a higher trading volume than AVAX. AVAX has a more even distribution among whales and retail holders than the others.
On-chain analytics firm IntoTheBlock uncovers factors that led to an all-time high in transactions on the Avalanche blockchain in a new analysis.
Avalanche price has displayed significant price action recently as the token gained over 7% in value within the past day, and has doubled the net worth of its investors during the past month by adding 102% in value over the past 30 days.
Starting a new month with optimism, the crypto market is boasted by bullish movements as Celestia (TIA), Avalanche (AVAX) and Polkadot (DOT) are some of the best crypto to buy now in December. As the global crypto market is up 1.9% with a $1.51 trillion market cap, the top gainers have contributed a lot.
Avalanche (AVAX) and Cosmos (ATOM) Face Limited Growth as a New Crypto Star Emerges Amidst restrained growth for established altcoins Avalanche (AVAX) and Cosmos (ATOM), a rising crypto contender has stepped into the spotlight, poised to disrupt the DeFi space. Let's delve into the recent developments influencing AVAX and ATOM, and explore the emergence of VC Spectra (SPCT) as a defining force in the 2023 crypto market.
The crypto markets are heading towards the last phase of the year, which is largely believed to be historically bullish. The major altcoins have been rising slowly and steadily, achieving the interim milestone and preparing for the upcoming bull run.
A pseudonymous cryptocurrency analyst issued a warning to investors and traders in the digital currency ecosystem, predicting a gradual decline for several prominent cryptocurrencies, including Solana (CRYPTO: SOL), Chainlink (CRYPTO: LINK), Avalanche (CRYPTO: AVAX) and the decentralized finance (DeFi) token Rune (CRYPTO: RUNE). Altcoin Sherpa's analysis focused on specific technical indicators, particularly the .382 Fibonacci retracement levels and the 200-day Exponential Moving Averages (EMAs) on the four-hour charts.
Additionally, there is notable interest in cryptocurrencies like Avalanche and Everlodge. Delve into the details to understand the factors influencing these predictions.
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AVAX price is showing positive signs above the $20 support. Avalanche bulls seem to be in control, and they might aim for a rally toward $25.
Coming to the end of 2023, the altcoins are preparing bullish continuation patterns and eye higher levels to the end. Similarly, the AVAX price trend displays a breakout rally ready to gain momentum in the 4H chart. Prolonging the uptrend in the daily timeframe, the breakout signals an early entry opportunity for short-term traders.
A closely followed crypto strategist believes that four altcoins including Solana (SOL), Chainlink (LINK) and Avalanche (AVAX) will witness a bearish December.
Bitcoin is struggling to sustain above $38,000, but the bulls have not given up much ground, which some analysts say increases the chance of a rally to $40,000.
Crypto investment platform Republic will list its profit-sharing digital asset, the Republic Note, on the Avalanche Blockchain via the US-regulated trading platform INX.
The company revealed that its tokenized investment fund, Republic Note will be launched next week.
Based on their potential to one day overtake Ethereum, Cardano and Avalanche could be significantly undervalued.
AVAX closed above $20 weekly resistance for the first time in a year - transforming it into support now is key to kicking off a major 70% price surge.
Don't miss out on three top cryptos to buy and hold for long-term investors who anticipate big returns in this market.
Short positions in two cryptocurrencies have risen in the past 12 to 24 hours, indicating a bearish sentiment in the cryptocurrency market; however, this volume may lead to short-squeeze opportunities for bullish traders.
In her role, Nguyen will play a crucial part in promoting awareness, engagement, and overall growth of the Avalanche ecosystem within the country. This appointment aligns with Ava Labs' commitment to expanding its presence globally and fostering blockchain technology adoption in diverse regions.
The upcoming catalysts include the Bitcoin halving scheduled for April and pending applications for a spot Bitcoin exchange-traded fund (ETF). These events, especially the ETF decisions in January, are expected to drive increased market activity.
Avalanche NFT volume reached $7 million in November. Transaction numbers spiked to the highest in over a year.
Avalanche, the layer 1 blockchain, marked a significant milestone recently, reaching over six million addresses, signaling a renewed surge in network activity. Compiled data from IntoTheBlock reveals intriguing insights into the on-chain metrics of the Avalanche blockchain, showcasing a surge in transactions and address growth.