Those doing AVAX dollar cost averaging should buy in small quantities after reaching these levels.
Avalanche (AVAX) is a blockchain platform known for its speed, scalability, and low transaction costs. Here are some key details:
Overview:
Full Name: Avalanche
Ticker Symbol: AVAX
Launch Year: 2020
Founder: Ava Labs, led by Emin Gün Sirer
Consensus Mechanism: Proof-of-Stake (PoS) using Avalanche Consensus
Purpose: To provide a platform for decentralized applications (dApps), custom blockchain networks, and DeFi ecosystems.