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Author Topic: [AVAX] Avalanche Speculation - price movement tracking & discussion  (Read 586 times)
macson (OP)
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April 30, 2021, 05:59:35 PM
Last edit: November 10, 2021, 09:15:20 AM by macson
Merited by dragonvslinux (1)
 #1

i found a pretty interesting discussion about this token on YouTube....what do you think about this project, do you think that this year AVAX will be in the top 10!  and does this have the potential to be used?  


#i'm not part of the AVAX community, i just want to discuss the potential of this token

Code:
https://www.avalabs.org/
https://info.avax.network/#about
https://twitter.com/AvalancheAVAX
https://reddit.com/r/Avax



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April 30, 2021, 11:06:35 PM
 #2

i found a pretty interesting discussion about this token on YouTube....what do you think about this project, do you think that this year AVAX will be in the top 10!  and does this have the potential to be used? 
Avax has the same potential to be another big blockchain like top 10 coins. Avax needs more than a miracle to enter the top 10 CMC and why? there are a bunch of smartcontract platforms on the top 10 like ethereum, ADA, BSC.
It's quite difficult for AVAX to reach the top 10 this year consider the mainstream adoption as an alternative chain for ethereum already got by binance.
AVAX needs a lot of hardfork to make it becomes top 10 coin
It does have the potential to be used and why not?
The most difficult thing to attract the adopters.

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April 30, 2021, 11:30:14 PM
 #3

i found a pretty interesting discussion about this token on YouTube....what do you think about this project, do you think that this year AVAX will be in the top 10!  and does this have the potential to be used? 
Avax has the same potential to be another big blockchain like top 10 coins. Avax needs more than a miracle to enter the top 10 CMC and why? there are a bunch of smartcontract platforms on the top 10 like ethereum, ADA, BSC.
It's quite difficult for AVAX to reach the top 10 this year consider the mainstream adoption as an alternative chain for ethereum already got by binance.
AVAX needs a lot of hardfork to make it becomes top 10 coin
It does have the potential to be used and why not?
The most difficult thing to attract the adopters.

I am also not seeing AVAX to be in the top 10 this year. Though they have a very promising platform, but they have a lot to prove first before entering into this group. They need to attract as much projects as they can and make it successful in the market. In that way, those projects will be concrete examples that their network is making a dent in the crypto industry. Without successful projects under their belt, would be hard to claim that they are one of the best networks out there.
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May 01, 2021, 04:07:13 AM
 #4

This coins has a good future.. Because base on the situation and structures of the growth rate there is a potential traders will look forward into it because its very promising as well unlike other altcoins in the market.  Indeed this kind of coin is what traders looking for.. Surely we will see this listed as top 10 in cmc once more traders and investors recognised this in the market.
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May 01, 2021, 01:33:27 PM
 #5

About 6 or 8 months back, I first heard about Polkadot and Avalanche. Both of the two were very promising platform at that time. But now, it seems like Polkadot is way ahead of Avalanche. So far, Polkadot has gained a diversified ecosystem by leveraging the IDO trend. In the uptrend, I think Avax will go up, but if it determined to expand current ecosystem (same way Polkadot did) then the price might be booming.
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May 02, 2021, 04:04:27 PM
 #6

About 6 or 8 months back, I first heard about Polkadot and Avalanche. Both of the two were very promising platform at that time. But now, it seems like Polkadot is way ahead of Avalanche. So far, Polkadot has gained a diversified ecosystem by leveraging the IDO trend. In the uptrend, I think Avax will go up, but if it determined to expand current ecosystem (same way Polkadot did) then the price might be booming.
It is not entirely correct to compare these two projects. Polkadot wants to integrate all existing blockchains into one network so that they can interoperate quickly and easily. Avalanche is a Blockchain that claims to have low fees and fast transactions. Avalanche may be part of the Polkadot network. As I know Polkadot has been in development since 2017.

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May 03, 2021, 01:02:17 AM
 #7

what do you think about this project, do you think that this year AVAX will be in the top 10!  and does this have the potential to be used?  
Yes, Avalanche is a TOP coin and it has a very great future! Avalanche was reviewed recently and it received a very positive rating: Comparison between Avalanche, Cosmos and Polkadot
I have linked a graphic here: https://bitcointalk.org/index.php?topic=5306637.0

But now, it seems like Polkadot is way ahead of Avalanche.
You are right, Polkadot is way ahead before Avalanche. Polkadot is around place 5 currently and Avalanche is at place 45 currently, so Polkadot has a x10 better placing. It will be difficult for Avalanche to close such a big gap but technically, Avalanche has really great potential to achieve it.
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May 03, 2021, 11:38:09 AM
 #8

i found a pretty interesting discussion about this token on YouTube....what do you think about this project, do you think that this year AVAX will be in the top 10!  and does this have the potential to be used? 
Avax has the same potential to be another big blockchain like top 10 coins. Avax needs more than a miracle to enter the top 10 CMC and why? there are a bunch of smartcontract platforms on the top 10 like ethereum, ADA, BSC.
It's quite difficult for AVAX to reach the top 10 this year consider the mainstream adoption as an alternative chain for ethereum already got by binance.
AVAX needs a lot of hardfork to make it becomes top 10 coin
It does have the potential to be used and why not?
The most difficult thing to attract the adopters.

I am also not seeing AVAX to be in the top 10 this year. Though they have a very promising platform, but they have a lot to prove first before entering into this group. They need to attract as much projects as they can and make it successful in the market. In that way, those projects will be concrete examples that their network is making a dent in the crypto industry. Without successful projects under their belt, would be hard to claim that they are one of the best networks out there.

The problem is the new projects will always choose to build their token at the popular platform like ethereum and BSC, I have seen some new projects that tried to build its token on AVAX and those projects were not getting the hype like the tokens that already issued on the BSC or ethereum.
This could be the main problem why AVAX is very stable at this moment. I personally will try to call avax an overrated platform based on research

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August 21, 2021, 02:47:47 PM
 #9




AVAX has experienced a fairly high price increase of around 30% in the last 24 hours
very likely AVAX will pass its ATH ($59.94 on February 10, 2021)

This token is experiencing considerable adoption, I am very confident in AVAX potential in the next few years

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August 28, 2021, 04:47:53 AM
 #10

This August was the month for Avax, as it has had a great bullish turn, it almost even touched the $ 60 that its ATH, but at the moment it is being the target of some investors, in such a glass, when observing its volume it can be appreciated that are doing a lot of shopping, this article evidences the following:


Quote
It is possible that AVAX will consolidate inside the $56.50 and $38 range.
Source: https://beincrypto.com/magnificent-seven-xtz-avax-tel-enj-xmr-sol-zen-biggest-gainers-aug-20-27/

The bulls may start buying on the dip, which, is respectable, this coin can continue to deliver bullish surprises, it all depends on the BTC market if it continues to rise.


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August 28, 2021, 05:05:33 AM
 #11

The bulls may start buying on the dip, which, is respectable, this coin can continue to deliver bullish surprises, it all depends on the BTC market if it continues to rise.
I think there's still room for growth for AVAX and this mini dip is the best chance to get it while making a new ATH. I wonder why it hasn't been given on the article regarding Cosmos (ATOM), this coin is a major disruptor too (a little bit off-topic though).

I guess BTC is stronger than ever it keeps on bouncing on the 4H timeframe in the 100ema, don't know if anyone is taking a close look on that. If BTC keeps on getting like this, for sure the likes of AVAX and other trend alts will get more huge percentage gains.
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August 28, 2021, 07:35:48 AM
 #12

One of the things I find interesting in this current market is that, a lot of blockchain platforms are growing, unlike in the bull run months ago where shitcoins were the order of the day, nowadays only ecosystem platform's coins are pumping hard which is seen in what they are offering , that is, there are still others which are yet to show signs of pump.
About Avax, the team are doing their best, this I can say because they have succeeded in making their platform or network more easily for projects to build on, and it is known that the more projects build on a blockchain platform, the more that platform in particular grows more. Also about what AVAX will finish with the end of the year depends greatly on the team, this is because, within top 10 are coins whose team are not relenting, ADA, BNB, SOL, DOT and so on, these are hot coins and to beat them will demand a lot. AVAX will finish very good but no one can predict what price and what position on coinmarketcap.

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August 28, 2021, 04:07:03 PM
 #13

The bulls may start buying on the dip, which, is respectable, this coin can continue to deliver bullish surprises, it all depends on the BTC market if it continues to rise.
I think there's still room for growth for AVAX and this mini dip is the best chance to get it while making a new ATH. I wonder why it hasn't been given on the article regarding Cosmos (ATOM), this coin is a major disruptor too (a little bit off-topic though).

I guess BTC is stronger than ever it keeps on bouncing on the 4H timeframe in the 100ema, don't know if anyone is taking a close look on that. If BTC keeps on getting like this, for sure the likes of AVAX and other trend alts will get more huge percentage gains.
New ATH is possible. Many coins are heading toward their ATH and attempt to break it. For example, Axie infinity has destroyed its previous ATH by hitting $83.5 on binance (its peak was $11.2). Sol also has a most recent breakout and now it is more than $90. There are so many opportunities for us to get in the upcoming bull run so that you do not need to worry much when investing in AVAX

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August 29, 2021, 09:04:41 PM
 #14

One of the things I find interesting in this current market is that, a lot of blockchain platforms are growing, unlike in the bull run months ago where shitcoins were the order of the day, nowadays only ecosystem platform's coins are pumping hard which is seen in what they are offering , that is, there are still others which are yet to show signs of pump.
About Avax, the team are doing their best, this I can say because they have succeeded in making their platform or network more easily for projects to build on, and it is known that the more projects build on a blockchain platform, the more that platform in particular grows more. Also about what AVAX will finish with the end of the year depends greatly on the team, this is because, within top 10 are coins whose team are not relenting, ADA, BNB, SOL, DOT and so on, these are hot coins and to beat them will demand a lot. AVAX will finish very good but no one can predict what price and what position on coinmarketcap.
Well, the main reason for that is the fact that shitcoins were doing well during that period and everything went up, literally everything went up, and that meant that if you got into a coin with 100k liquidity then there was a chance that you could make a lot of money since it could grow so much more, shitcoins could make x10 that bitcoin couldn't make.

These days however people are more careful because not everything is going up, there is a bull market but not for shitcoins, which means that all those ecosystem things are a good base, if you own them then when there is a bull market again when all the shitcoins go up, then you are going to be owner of the coin that those coins are tied to, more guaranteed approach, do not have to pick which coin will go up in that ecosystem because you own part of the whole thing. Same as shovel sellers during the gold rush.
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August 29, 2021, 09:35:18 PM
 #15

The fact that it's already listed in the top 10 now as per the record of https://coinmarketcap.com/currencies/avalanche/... I have no doubt it could reach the top 10. Actually, there's are some coins that we did not expect to be in the top 10 but they did surprise us, if DOGE who are ranked in top 7, then a legit project could potentially get at the top 10, but the question is how long they'll stay.

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August 29, 2021, 09:46:49 PM
 #16

This August was the month for Avax, as it has had a great bullish turn, it almost even touched the $ 60 that its ATH, continues to rise.

this altcoin like other altcoins only has this price because the price of bitcoin reached $49,000, if by chance there was some disaster that made the price of bitcoin drop to $10,000 then we could easily see this altcoin worth $9 as in the past, So this $60 price increase and all thanks to the fact that the price of bitcoin is very high, this dependency that many altcoins have is something that many people don't take into account when looking at the price of altcoins

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September 20, 2021, 06:29:46 PM
 #17

this seems to be what makes Avax rank 1 in the https://coinmarketcap.com/view/defi/.

Quote
@Polychaincap and Three Arrows Capital led a $230M investment in the #Avalanche ecosystem to support growth of the platform.
https://twitter.com/avalancheavax/status/1438504032658591750

Avax price has the potential to continue to rise, $100/Avax in the next few months will definitely be achieved by AVAX.  (i believe)

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September 20, 2021, 09:54:55 PM
 #18

this seems to be what makes Avax rank 1 in the https://coinmarketcap.com/view/defi/.

Quote
@Polychaincap and Three Arrows Capital led a $230M investment in the #Avalanche ecosystem to support growth of the platform.
https://twitter.com/avalancheavax/status/1438504032658591750

Avax price has the potential to continue to rise, $100/Avax in the next few months will definitely be achieved by AVAX.  (i believe)

I saw that press release when ICODrops shared it in their announcement channel. I think that's a pretty interesting news and with that much fund available for projects building on available, I'm sure plenty of developers would want to build on their platform and get access to those funds. Those projects would most likely drive users to use their blockchain thus increasing overall adoption. Avalanche team is doing pretty great at the moment only thing I don't really like about their project is that it's not easy to navigate for the average crypto user.

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September 22, 2021, 04:48:08 PM
 #19

AVAX is being pumped by the whales who rotate their trades from AVAX to ATOM to FTM and then back again.  And on and on it goes like a cycle.  But the thing I have just recently discovered is the most value can be had in the tokens issued within the project.  In this case it’s AVAX.  If I only knew.  Lol.  I’m too old school for defi.

R


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September 23, 2021, 09:06:48 PM
 #20

AVAX is emerging, for now the price of the coin is around 74.7USD, which is an indication of an investment that can generate profits quickly, however, we must wait even though they are including it in the analysis a'pra conitelegraph:


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The buyers have pushed the price above the overhead resistance at $66.24, increasing the possibility of a retest of the all-time high at $76.27. A breakout and close above this resistance will signal the resumption of the uptrend.
Source: https://cointelegraph.com/news/price-analysis-9-22-btc-eth-ada-bnb-xrp-sol-dot-doge-avax-uni

The price is very close to what analysts have predicted if there is the bullish scenario, I think there is more trading volume and this keeps the price growing, it may continue to give more bullish-style surprises if the market BTC manages to position itself at least at $ 50k.

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September 24, 2021, 06:34:07 AM
 #21

Avax is top twenty coin and it is heading to take its place and my speculation about AVAX it gonna rise in the end of this year and will go back into top 10 cmc. Think about it this way - from the technical point, Avax already has what ada is just dreaming to have - smart contracts, defi, NFT, bridge to eth and loads more. Give it one-two years and watch it fly!

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September 25, 2021, 02:15:37 PM
 #22

The price of AVAX has fallen a little more than 6%, which represents a correction that is very likely that a recovery movement could take place at any time, however when reviewing its volume well, it is seen that the bears have been selling in the rallies:


Quote
The AVAX/USDT pair has turned down today and the first stop could be the support line of the channel. A strong rebound off this support will indicate that the uptrend remains intact and traders are accumulating on dips. The pair could then rise to $94.
Source: https://cointelegraph.com/news/price-analysis-9-24-btc-eth-ada-bnb-xrp-sol-dot-doge-avax-luna

Investors may not have given up on supporting AVAX, it cannot be ruled out that it is a bearish trap taking advantage of the moment that BTC has dropped a bit.

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September 28, 2021, 07:39:46 PM
 #23

There are very positive aspects in AVAX, since it is having a bullish channel on the part of the cointelegraph analysts, according to the analysts it can take a good leap to a new ATH:


Quote
A breakout and close above the all-time high will signal the resumption of the uptrend. The bears may attempt to stall the up-move at the resistance line of the channel but if bulls overcome this hurdle, the AVAX/USDT pair could pick up momentum and rally to $100.
Source: https://cointelegraph.com/news/price-analysis-9-27-btc-eth-ada-bnb-xrp-sol-dot-doge-avax-luna

In fact AVAX looks very good to go up and apart from many investors it is in the sights, it is likely that this currency like Solana in a short time will give more bullish advances and pleasant surprises to its investors.

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September 30, 2021, 03:54:23 AM
 #24

The price of AVAX looks good, even the analysts of Cointelegraph continue to maintain the analysis under the chrism of a bullish channel, at the moment it is around 64USD 65USD:


Quote
If the price fails to sustain inside the channel, the AVAX/USDT pair could slide to the next support at $52. Conversely, if bulls sustain the price inside the channel, the pair may rise to $72 and if this level is crossed, a retest of the all-time high at $79.80 is possible.
Source:https://cointelegraph.com/news/price-analysis-9-29-btc-eth-ada-bnb-xrp-sol-dot-doge-avax-uni

AVAX is still a Solana style coin, they have given a lot of bullish surprises, I think there are still some nice surprises to come by.

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September 30, 2021, 04:06:58 AM
 #25

The rally in the Avalanche markets closely follows similar moves by many other smart contract tokens that compete with Ethereum, the leading public ledger that powers the decentralized finance space, and the booming non-fungible token explode. The price of AVAX started to increase, especially after the Avalanche Foundation launched a DeFi incentive program of the same name on August 18. Avalanche also saw the growth of NFT and DeFi projects looking to run on its public ledger.
However, Ethereum is still the dominant force in the smart contract space. The project is working on a network upgrade to address scalability and gas fees issues, i.e. updating the core PoW protocol to PoS next year.

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November 10, 2021, 09:12:09 AM
 #26

https://coinmarketcap.com/currencies/avalanche/

pretty sure AVAX will go to $100.

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November 14, 2021, 03:31:40 PM
 #27

https://coinmarketcap.com/currencies/avalanche/

pretty sure AVAX will go to $100.



Avax almost hits $100, just needs a few cents more. I'm sure before this month ends we will see Avax at $100 and before 2022 Avax will be at $150. I started buying Avax in early august then when the price was $12 / Avax, now my portfolio is going high, my target price is $150 Grin

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November 18, 2021, 09:38:43 AM
 #28

On November 18, the AVAX token updated its historical maximum at above $110, despite a market-wide correction. Over the past day, the price of AVAX has increased by almost 10%, over the week by 24%, the market capitalization currently exceeds $22 billion.


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November 23, 2021, 06:02:02 PM
 #29

The Avalanche rate reached a new all-time high, rising to $146.22 (coinmarketcap). The capitalization of the asset is $ 28.8 billion. According to market estimates, Avalanche has risen to the top 10 largest cryptocurrencies few hours ago. I guess, this growth is due to announcing a partnership with Deloitte, which happened on November 16. Now it is again on 11th place, DOGE has reterned into first ten.

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November 24, 2021, 08:13:50 AM
 #30

Currently AVAX also has a new project launch platform, Avalaunch. This is like Bscpad which supports the BSC ecosystem and Polkastarter which supports the Polkadot ecosystem.
Avalaunch also launches potential projects that provide benefits to investors, this will bring more investors into the AVAX ecosystem.
The target of $100 USD has been reached, what is the next price target? $500?
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November 24, 2021, 11:33:46 AM
 #31

Avalanche (AVAX) is in list of best e coin of  smart contract providing projects . in smart contract the first best ever in my eye is ethereum ,after that Binance coin ,polkadot ,Solana and After that I add Avax in these list . Avax has launched project on his blockchain which really help them to bullish . I naught avax at 17$ now its almost hit 125$ around which mean its perform huge . i am sure if it continue its momentum it will beat solana

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November 24, 2021, 03:07:06 PM
 #32

Avalanche looks to have good technology and its price has good growth that is support for its advanced technology. It means the community and investors realized the potential growth of AVAX from its great tech.

Price of AVAX can have pull back to $60 to $70 then it might make a new all time high. Personally price is not good to make your entry now. AVAX might move similar to Solana with a deep pull back before it rallies and breaks out for a new all time high.
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January 12, 2023, 02:37:08 AM
 #33

based on a report from Techcrunch, amazon web service has been working with Avalanche.

[1] https://techcrunch.com/2023/01/11/aws-partners-with-avalanche-to-scale-blockchain-solutions-for-enterprises-governments/
[2] https://news.bitcoin.com/ava-labs-partners-with-amazon-web-services-to-accelerate-blockchain-adoption-avax-jumps-16/

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January 12, 2023, 06:03:42 AM
 #34

Well this is big news of this partnership of AVAX and Amazon. AVAX is #17 on coinmarketcap  with a $5 billion marketcap and is up more then 32% in this last week.
It is up almost 28% just in the last 24 hours! This is too bad that we are in a 'bear market' and not a 'bull market' right now or we could have seen gains of 100% or more. It is still some nice gains and rewards for the holders of this coin.

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January 12, 2023, 01:21:51 PM
 #35

Well this is big news of this partnership of AVAX and Amazon. AVAX is #17 on coinmarketcap  with a $5 billion marketcap and is up more then 32% in this last week.
It is up almost 28% just in the last 24 hours! This is too bad that we are in a 'bear market' and not a 'bull market' right now or we could have seen gains of 100% or more. It is still some nice gains and rewards for the holders of this coin.
I still hold some of the AVAX that I bought when the price was $ 35, I still hope that AVAX will return to that price although the crypto market is still in an uncertain state, and I feel more relieved when I read about the collaboration between AVAX and AWS, the price continues to increase.


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May 15, 2023, 04:33:32 AM
 #36

Well I still have my Avalance tokens after this time. And now there is another Airdop they are having for the community.

You can claim your $AVAK tokens. https://beacons.ai/avalancheavax_airdrops

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May 22, 2023, 05:57:11 AM
 #37

AVAX is 5% of my portfolio, i like the projects but the delegation is something that bothers me, i think liquid staking is the way to go and what AVAX needs.
Their tech is actually top notch so i have hopes for this project.

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May 26, 2023, 01:05:18 PM
 #38

Well I still have my Avalance tokens after this time. And now there is another Airdop they are having for the community.

You can claim your $AVAK tokens. https://beacons.ai/avalancheavax_airdrops

is this legit?  how long will their airdrop program last?

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May 26, 2023, 05:39:07 PM
 #39

AVAX is 5% of my portfolio, i like the projects but the delegation is something that bothers me, i think liquid staking is the way to go and what AVAX needs.
Their tech is actually top notch so i have hopes for this project.
AVAX is 5% of my portfolio, i like the projects but the delegation is something that bothers me, i think liquid staking is the way to go and what AVAX needs.
Their tech is actually top notch so i have hopes for this project.

Avax token is low at this moment and worth to invest but we should have this in mind that Avax is going to unlock  9.3 million token which is worth now more than 130 million $ on 27 may. This unlock can affect it's price and should be careful before buying Avax now. maybe from next month avax start rise up but we market is not looking positive at current moment. for long term i believe it will touch 50$.
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May 28, 2023, 07:48:24 PM
 #40

I feel like having just 5% of your portfolio on Avax is not a bad idea. I am not saying that you are guaranteed to make a profit, but at the very least we are talking about making a bigger return or not losing too much. Lets assume that you have 100 dollars, 95 dollars of it is in something else, and 5 dollars is at avax, and avax crashes to zero, then you have 95 dollars left, in that case even a 5% return would make it back to 100+ again and you would be in profit.

This is why people diversify, it means that you are going to end up with a good profit if you could, and you are not going to end up with too much trouble if it goes south. I suggest keeping it at that level though, if it goes higher just sell some and get something else to balance it out.

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May 29, 2023, 11:34:54 AM
 #41

For top 10, I think it's possible even though the possibility is quite small, AVAX need to compete with Solana and LTC at the very least, and also other emerging coin like Polkadot and Shiba. It's the Top DeFi coin anyway, one of only few DeFi project that actually works, so I think they got potential.

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May 30, 2023, 11:41:10 AM
 #42

Well I still have my Avalance tokens after this time. And now there is another Airdop they are having for the community.

You can claim your $AVAK tokens. https://beacons.ai/avalancheavax_airdrops

is this legit?  how long will their airdrop program last?
Be careful about this one. This looks like a scam to me plus I check the Avax community (e.g their Twitter accounts) for airdrops posts but I haven't found a single post related to it. You are not a new member here anymore, so I am sure that you are aware that Avalanche is not a new project anymore to conduct an airdrop.

Usually, it was only the newer projects who does that. That is because it is part on promoting their project. Despite of being an old project, I still see Avalanche sometimes in Twitter ads. I think they only do that, if they have a new development and it is still a great initiative to attract new people in crypto to check their project.
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May 30, 2023, 12:39:29 PM
 #43

Personally I think this project will be a good buy in the future, but unlikely this year. I'd probably be a buyer around $4, as that's where most of the accumulation is and would be the usual 97%-98% retracement for a coin that does 50-100x in it's first cycle (like ETH did). Right now it doesn't look good with a big volume gap between $10 and $5, so breaking recent support should see another capitulation happen.

Against BTC it's a bit more obvious how bearish price is right now. It's been consistently making new lows over the past month or so and isn't even oversold yet on Weekly time-frame. This is more reflective of Bitcoin's general increasing market dominance this year, as opposed to specifically AVAX's failings of any kind, but regardless I don't think this will be a good buy until sometime next year.

Possibility against the dollar it could bottom out this year, but think it will take another year to bottom out against Bitcoin as is only down around 80% so far, whereas around 90%+ is more likely.

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June 03, 2023, 12:21:38 AM
 #44

AVax is EVM Chain compatible and chain like this is very popular because their capabilities of deploying smart contract. This coin and other evm chains like Aurora from near ftm or arbitrum and polygon has dozen of potential and has of lot use case.

and since this is price movement Im gonna share my chart and now the price of the Avax is at a huge discount 90% from the ATH although on daily candle still at below 200 EMA and lot of resistance there



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June 03, 2023, 06:46:33 AM
 #45

I honestly do not understand purpose of so many evm chains, including Avax. Most of them pop-up because of congestion problem on Ethereum, meanwhile these same chains also get congested when they see bit of activity.




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August 14, 2023, 08:13:39 AM
 #46

I honestly do not understand purpose of so many evm chains, including Avax. Most of them pop-up because of congestion problem on Ethereum, meanwhile these same chains also get congested when they see bit of activity.
this is the reason, and i took this from an article that discusses the avalanche network;

Quote
The emergence of many new chains, including Avax and many others, has several goals:

Scalability: These chains generally offer the ability to process more transactions in less time, eliminating congestion issues.

Low Fees: With greater capacity, transaction fees can be lower than on a full main network.

New Features: Some new chains add new features, different smart contracts and other technical capabilities that may not be possible to implement on the main network.

it is also explained there that everyone is just trying to imitate the ethereum network and create other alternative networks to avoid congestion on the main network but that will not be very effective because security vulnerabilities will definitely still occur like bugs and others, while for avalanche, some investors believe in the team the developers so they are confident about the future of the avalanche network as well as the avax token.

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August 14, 2023, 12:52:05 PM
 #47

You know alt season is close when you see more and more of these older alt price speculation threads get bumped by the people who started them.  Wink  Makes me happy.

But as for the chart...  Doesn't look that good as of now.  Sad  But def worthy to start putting it in the watchlist with the the other L1's.  I'd expect the newer L1's and L2's like ARB and OP to lead the alt market trend tho.

R


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October 09, 2023, 03:16:50 AM
 #48

Well the $3 Million security exploit is not stopping Avak. After doing a security audit the social media dApp called Stars Arena is going to reopen soon on Avalanche.

https://tokeninsight.com/en/news/stars-arena-to-re-open-smart-contract-with-avalanche-founder-showing-support

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February 25, 2024, 10:58:57 AM
 #49

the problem of network disruption is often something that disturbs investors in trusting an asset. With incidents like this, hopefully developers will pay more attention to updates from the Avalanche network.

Quote
Prominent layer-1 blockchain and Ethereum (ETH) rival Avalanche (AVAX) has suffered a five-hour network outage.

According to Avalanche data-tracking platform Avalanche Status, the blockchain went through an outage that prevented blocks from being accepted on its primary network.

“Developers across the community are currently investigating a stall in block finalization that is preventing blocks from being accepted on the primary network. Updates will be posted here as the issue is investigated.”

https://coinmarketcap.com/community/articles/65da9932f4678c5fc4337a41/

Is anyone still optimistic about the avalanche in the next bull run?

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February 29, 2024, 11:18:53 AM
 #50

i found a pretty interesting discussion about this token on YouTube....what do you think about this project, do you think that this year AVAX will be in the top 10!  and does this have the potential to be used?  






Avalanche is highly centralized. In fact it's far more centralized altcoin than XRP. But XRP's use case is acting as a bridge between TradFi and DeFi. I would not touch Avalanche for long-term speculation. Short term trades are okay for me.
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