Monday, June 06, 2022 6:39:32 PM
i've started reading up on AVAX more. they are fast, cheap, energy efficient and ready for the multiverse. probably a good candidate to flip ETH.
https://coinmarketcap.com/currencies/avalanche/
https://www.avax.network/
https://ecosystem.avax.network/
so that got me looking into tokens that trade as AVAX pairs. TraderJoe is one of the top exchanges that uses AVAX for funding.
i was confronted with a long list of tokens i knew nothing about. the ones that stood out were Ape and Thor but there are probably some hidden gems in this AVAX ecosystem. and there are other defi sites besides TraderJoe that support AVAX. see screenshot below.
my takewaway is if AVAX now trades for $25.94, and if it can do a 10X as other tokens like ETH and BNB do a 3X, then we'd get more leverage trading AVAX pairs.
maybe before the next bull run we can investigate which are strongest.
i'll cross post this to lakers' board.
https://coinmarketcap.com/currencies/avalanche/
https://www.avax.network/
https://ecosystem.avax.network/
so that got me looking into tokens that trade as AVAX pairs. TraderJoe is one of the top exchanges that uses AVAX for funding.
i was confronted with a long list of tokens i knew nothing about. the ones that stood out were Ape and Thor but there are probably some hidden gems in this AVAX ecosystem. and there are other defi sites besides TraderJoe that support AVAX. see screenshot below.
my takewaway is if AVAX now trades for $25.94, and if it can do a 10X as other tokens like ETH and BNB do a 3X, then we'd get more leverage trading AVAX pairs.
maybe before the next bull run we can investigate which are strongest.
i'll cross post this to lakers' board.
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