Avalanche price aims for $50; will AVAX price inevitably double?
With five consecutive days of positive price movement, Avalanche's price is nearing the $30 mark. Notably, the 12th ranked cryptocurrency by market capitalization has risen by about 20% this week, marking the first bullish week since August. As Bitcoin prices reach new highs daily, will the altcoin market continue to experience a bullish rally? Furthermore, as AVAX price reaches its key targets, will it soar to $50 in the near future? Is AVAX about to experience a breakout that lasts for months? Avalanche's stock price has increased by 4.98% in the last 24 hours, with a trading volume of $480.31 million. Additionally, it has risen by 18.91% in the past week and 12.21% in the last 30 days.
In the upcoming bull market cycle, there are two public chain projects that have attracted much attention. They are AVAX (Avalanche) and SUI. Each has set an ambitious target price - AVAX aims at $150, while SUI aims at For $15. The recent significant gains in both have fully demonstrated their potential and the market's enthusiastic response. Historical experience tells us that public chain projects that can quickly emerge are likely to become the mainstream of the market in the next year. These two projects not only have solid fundamentals, but each has unique themes and advantages. AVAX provides developers with highly scalable and flexible blockchain solutions with its unique consensus mechanism and subnet architecture. SUI stands out with its excellent performance data. Its network can support more than 100,000 transactions per second (TPS), and the average transaction confirmation time is less than one second. This performance far exceeds many other platforms including Ethereum, Solana and AVAX. Well-known blockchain. The high performance of SUI is due to its innovative parallel transaction processing mechanism and object-centric data model, which ensures that efficient transaction processing capabilities can be maintained even under high network loads. With the implementation of global interest rate reduction policies, market liquidity has increased, providing investors with more funding sources and investment opportunities. Against this backdrop, it is particularly important to invest boldly in projects with high growth potential. As two public chain projects with strong fundamentals, AVAX and SUI are worthy of investors' long-term investment and holding for a whole year. In addition, it is worth noting that the MEME coins on these two public chains also provide additional speculation opportunities, adding more diverse ways to make profits for investors. However, while pursuing high returns, investors should also remain rational and make wise investment decisions based on their own risk tolerance.
Cat20 is all copied code, not as good as Simon Cat
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I saw many people playing cat20. My suggestion is to buy Simon Cats $cat. #simoncat is the biggest meme on the BSC chain. The team is also a top meme team. It has been listed on major exchanges outside Binance. I received inside information that it will be listed on Binance soon. If you see this news and buy some Simon Cats, I believe you will thank me soon! $BNB
avax has always been an undervalued public chain I have been recommending In addition to his speed Every transaction fee will be burned Ecology is also good And we cooperate with many large organizations The fundamentals of public chains lie in construction In other words, the more people use it, the more If more people use it in the long run If transaction fees are burned, deflation will occur. There is no problem in the next bull market going 5 to 10 times Goal $200 It’s still very cheap now Can be purchased in batches
Avalanche launches Avalanche9000 network upgrade. This upgrade is also the largest network upgrade that Avalanche has experienced since the launch of its own network. This upgrade will make it more economically feasible for users to launch personal L1s, easier to customize, easier to maintain and faster to market.
The Avalanche9000 testnet is launching soon, and developers will be rewarded for building the foundation of the Avalanche L1 expansion network.
Three coins with hundred-fold potential, buy at the bottom and wait for the explosion!
AVAX (Avalanche) Avalanche is rapidly emerging as a key player in the DeFi space. With its high-speed transactions and low fees, Avalanche is seen as a strong competitor to Ethereum with great potential for future development.
FTM (Phantom) Fantom last week launched its most groundbreaking upgrade yet, the Sonic testnet. This upgrade brings significant improvements in speed, scalability and transaction finality, which will not only greatly optimize network efficiency, but may also enhance investor confidence and further promote the market performance of FTM.
Contract code: After the last wave of rise, avax was also hit by the selling pressure from above, and it has been fluctuating at this position for many days.
It is currently at the middle track of the 4-hour Bollinger band. Now this support position is also relatively strong. We can enter the long position at 23.642-23.160, stop loss 21.970, target 25.750.
According to the latest report, its authoritative CoinDesk 20 index performed well today, with the overall trading price jumping to 1,766.89 points, a 4.2% increase from last Friday’s closing price, an increase of 71.36 points.
In this wave of rising prices, almost all stocks were red, with 19 of the 20 component assets recording price increases.
It is worth noting that AVAX and LINK have become today’s leading stars.
Among them, AVAX led the market with a significant increase of 12.8%, while LINK was not to be outdone, following closely behind, with an increase of 10.1%.
However, in the overall rising market, there are also assets that are relatively lagging.
LTC became today's loser with a -4.5% decline, while XRP still maintained its rise, but its 2.9% gain was relatively mild compared to other assets.
As an index widely referenced by multiple trading platforms and regions around the world, this wave of gains in CoinDesk 20 has undoubtedly injected more confidence and vitality into the market.
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Avax will have a major upgrade on the 16th At present, there is a chance to speculate Regardless of whether the upgrade is useful or not The fact that it can pull up the market proves that the technical upgrade is indeed very innovative
#今日市场观点 Next is the last opportunity to build a position! ! !
1. The arrival of the big bull market in October is almost certain, especially AVAX will usher in an epic upgrade. The launch conference on October 16 and the new "Avalanche9000" narrative are likely to trigger market enthusiasm. You can ambush and buy in advance at the two points of 20-18u.
2. FET, the leader of the AI sector, will benefit during the Apple conference on October 10. However, the realization of good news often turns to bad news. You can stop profit in batches above 1.1u to ensure that the profits are in your pocket.
3. In addition, SUN has potential benefits. Sun Ge said that 100% of the profits will be used to repurchase and destroy tokens. Below 0.026u, you can appropriately arrange some positions and wait for subsequent rising opportunities. $FET $SUN $AVAX
Avalanche Chain receives its biggest upgrade! What does Avalanche 9000 do? Understand development and impact
Avalanche 9000: Redefining the Blockchain Ecosystem
Avalanche, a cryptocurrency network known for its high-performance blockchain platform, recently announced the largest network upgrade since the launch of the mainnet in 2020 - Avalanche 9000. This upgrade marks a pivotal moment for the Avalanche ecosystem and aims to further solidify its position in the cryptocurrency market. The launch of Avalanche 9000 has laid the foundation for the future development of blockchain technology, allowing developers to build decentralized applications (DApps) more flexibly and efficiently.
Image source: Avalanche Avalanche 9000 is designed to accelerate subnet deployment by removing current economic and technical barriers.
It feels like the alt season is not far away, and the avalanche AVAX is increasingly showing the characteristics of alt dark horse! Avalanche April report: 5 billion micropayments processed, first Codebase Demo Day held in May Golden Finance reported that Avalanche released its April report, the main contents of which include: 1. Achieved 100,000 transactions per second on the Avalanche Vryx platform and successfully processed 5 billion micropayments; 2. Codebase, the Web3 startup accelerator program launched by Avalanche, announced the first batch of selected companies and plans to hold the first Demo Day event at the Consensus conference in Austin on May 30; 3. The Avalanche Community Grant program starts a quadratic voting mechanism; 4. The financial infrastructure platform Stripe now supports the Avalanche C chain and provides fiat-to-cryptocurrency conversion services. US users can purchase AVAX directly through Stripe without going through an exchange.
It feels like the alt season is not far away, and the avalanche AVAX is increasingly showing the characteristics of alt dark horse! Avalanche April report: 5 billion micropayments processed, first Codebase Demo Day held in May Golden Finance reported that Avalanche released its April report, the main contents of which include: 1. Achieved 100,000 transactions per second on the Avalanche Vryx platform and successfully processed 5 billion micropayments; 2. Codebase, the Web3 startup accelerator program launched by Avalanche, announced the first batch of selected companies and plans to hold the first Demo Day event at the Consensus conference in Austin on May 30; 3. The Avalanche Community Grant program starts a quadratic voting mechanism; 4. The financial infrastructure platform Stripe now supports the Avalanche C chain and provides fiat-to-cryptocurrency conversion services. US users can purchase AVAX directly through Stripe without going through an exchange.
Oh my god, this is absolutely great news for AVAX. Now Stripe is definitely a giant among payment giants! Now AVAX is going to be popular! I have always been optimistic about the Avalanche chain! I will forward it first! Payment giant Stripe integrates Avalanche C-Chain to support the purchase of AVAX directly through Stripe Foresight News reported that payment giant Stripe announced the integration of Avalanche C-Chain, allowing retail users to purchase AVAX directly through Stripe without going through exchanges. Avalanche's native ecosystem wallet and product portfolio Core also integrated Stripe's entry, providing users with more ways to purchase assets on the Avalanche blockchain.
Four currencies with 100-fold potential worth ambush AVAX As a leader in layer 1 blockchains, Avalanche’s potential is on par with mature networks such as Ethereum. By providing a seamless smart contract and decentralized application experience, Avalanche is gradually becoming a rising star in the blockchain field. As its native token, AVAX’s price has soared by more than 127% this year, and market indicators show a strong upward trend, making it a popular investment target in the DeFi field. LINK As an important part of the blockchain ecosystem, Chainlink realizes the interaction between the blockchain and external data sources through its decentralized Oracle network. This innovative service provides the possibility of off-chain data input for the execution of digital contracts. The LINK token has experienced significant recent gains, and the market expects it to rise further, making it a compelling investment option in 2024. INJ Injective is making its mark in the DeFi space, powering a new generation of decentralized financial applications on layer-1 blockchains. Its versatile infrastructure supports a variety of DeFi functions, including decentralized exchanges, lending protocols, prediction markets, and more. Although the INJ token has pulled back from its all-time highs, the market remains optimistic about its future direction, with gains expected to exceed $40. STX The Stacks protocol revolutionizes smart contracts by leveraging Bitcoin as the settlement layer. It enables seamless transactions on the Bitcoin blockchain, freeing up massive amounts of money and facilitating $500 billion worth of transactions. The STX token has performed strongly amid recent market volatility, highlighting its potential for growth in a market rebound. With the Bitcoin halving event now over, Stacks is ready for a long-term bull run in Q2 and beyond.
According to Odaily Planet Daily, payment giant Stripe announced the integration of the Avalanche network, allowing users to seamlessly access crypto products and decentralized applications. This includes decentralized trading platforms and NFT platforms running on Avalanche. This also means that users can buy AVAX directly through mobile applications without going through exchanges.
Oh my god, this is absolutely great news for AVAX. Now Stripe is definitely a giant among payment giants! Now AVAX is going to be popular! I have always been optimistic about the Avalanche chain! I will forward it first! Payment giant Stripe integrates Avalanche C-Chain to support the purchase of AVAX directly through Stripe Foresight News reported that payment giant Stripe announced the integration of Avalanche C-Chain, allowing retail users to purchase AVAX directly through Stripe without going through exchanges. Avalanche's native ecosystem wallet and product portfolio Core also integrated Stripe's entry, providing users with more ways to purchase assets on the Avalanche blockchain.