[AVAX] Avalanche Speculation

[macson]

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? 

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


https://www.coingecko.com/en/coins/avalanche

#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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[shinratensei_]

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.

[CaVO32]

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.

[Ararbermas]

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.

[Raytheon]

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.

[MishaSER]

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.

[Billo_]

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.

[shinratensei_]

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

[Tumanggor]

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

[LUCKMCFLY]

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:

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.

[rhomelmabini]

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.

[irixo10]

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.

[Blitzboy]

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

[sana54210]

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.

[stadus]

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.

[Slow death]

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

[macson]

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

@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)}

[nelson4lov]

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

@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.

[tokeweed]

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.