Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality.
AVAX is the native token of Avalanche. It is a hard-capped, scarce asset that is used to pay for fees, secure the platform through staking, and provide a basic unit of account between the multiple subnets created on Avalanche. Its 24 hour trading volume was $1,141,779,224 and its market cap is $15,007,543,777. Let us review AVAX Price.
AVAX Price Prediction
AVAX has been dropping along with BTC and many other alts and is likely to drop towards the support zone at $55. If the support at $55 holds, we could see a bounce back towards $73, $84, $93, $102, $115 and $131. If the resistance at $131 breaks, we could see a much larger move towards $178 and $255. Failure to hold the support at $55 could lead to a further drop towards $45.
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