Can Avalanche’s AVAX Rise From The Dead? The Zone That Could Change Everything
Despite still having a market cap in the billions, Avalanche (AVAX) has struggled significantly over the last few years. The coin had seen its shine back in the DeFi summer of 2021-2022, but since ...
Source: www.newsbtc.com
Despite still having a market cap in the billions, Avalanche (AVAX) has struggled significantly over the last few years. The coin had seen its shine back in the DeFi summer of 2021-2022, but since then, it has essentially been downhill from there, save for a few recoveries over the years. Now, though, as the market enters what seems to be another accumulation trend, coins like AVAX are beginning to swim back to the fore, raising the question of whether there is still hope for them. Why AVAX Could Crash Further Crypto analyst RLinda shed more light on the current AVAX price movements and the bearish pressure that has engulfed it. Even while there has been an attempt on the altcoin’s part to actually recover, it has still fallen back to the bears, and declines continue to be the order of the day. Related Reading: Ethereum Foundation Sells ETH To BitMine As Whale Accumulation Intensifies The most recent recovery effort occurred last week as the digital asset pushed above $10 again. Howeve