A coin must have great potential. It must have very strong fundamentals, a low market value and strong future development opportunities. After studying nearly 100 mainstream coins, our community finally found such a bull coin and shared it with everyone for free. It is Avalanche, which has fallen to a low value. The token number is AVAX.
The price of this coin is already so cheap that it is worth a lot of money. But if you look at its on-chain data, its TVL ranks fifth among public chains, which is one-fifth of Binance Chain and Solana. The fundamentals are very strong, but you must know that BNB and Sol are both worth nearly 100 billion, while AVAX is less than 10 billion.
In terms of coin price, this coin can rise and fall like Sol, but its upper limit is much larger than Sol. Let's not talk about the far future. This coin has tripled its income from more than 20 to the small high of 66 in March, while Sol will have to go to 400 or 500 to triple, which may have touched the limit of this bull market.
Therefore, the rebound target of AVAX is equivalent to the total increase of Sol in this round of bull market. Coupled with its strong fundamentals, do you think it is in a value trough?
As we said before, in addition to data and price, we also need to look at its future development potential when selecting coins.
