Avalanche (AVAX) is one of the prominent layer 1 smart contract platforms that took off in 2020, along with Solana (SOL). And just like Solana (SOL), Avalanche (AVAX) memorably hit all-time high of $146 last November 2021 but, like most cryptocurrencies, lost a massive chunk out of its market capitalization in the wake of 2022’s events like scandalous collapses of FTX, Alameda Research, and BlockFi filing bankruptcy.
Avalanche (AVAX) Continues Protracted Struggles is trading under $10.72 right now, which is 9.41% down in last 7 days and 4.10% in just 24 hrs. In this case the Avalanche price prediction is projected for an average price of $14.745 by the end of 2023 according to coinpedia.
What are your thoughts on investing in AVAX in 2023 amidst bearish trends?
Yea avax fell below 53k be careful...I played pluusd...Low float altcoins seems to be holding...Im waiting for 20,000 bitcoin now...Im playing nat gas and diesel refiner stocks...They have the most growth now...