If you had invested £50 in Avalanche $AVAX (AVAX) in 2020, your investment would have grown significantly by 2024.
Assuming you invested £50 in AVAX at its launch price in September 2020 (~ $0.05), your investment would be worth approximately:
£50 x (~4000% increase) = £2,000
So, your profit would be:
£2,000 - £50 = £1,950
Here are some additional details about Avalanche (AVAX) ¹ ² ³ ⁴:
- Current price: $30.26 - $41.02
- 24-hour trading volume: $375.75 million
- Circulating supply: 393.3 million
- Max supply: 715.75 million
- Market capitalization: $15.56 billion
- Market rank: 11
- Consensus algorithm: Avalanche Protocol
- Transaction speed: less than 1 second
- Smart contract capability: Yes, using Solidity programming language
- Founders: Emin Gün Sirer, Kevin Sekniqi, Maofan “Ted” Yin
- Year founded: 2020
- Prediction for 2024: $36.34 - $100.22
- Prediction for 2025: $68.16 - $81.91
- Prediction for 2030: $478.7 - $567.06
Please note that this is a rough estimate and doesn't take into account market fluctuations, fees, and other factors that may have affected the actual value of your investment. Cryptocurrency investments are risky, and prices can drop as well as rise.
