IDO of @AIVAonAVAX is live, Phase 1 is about to close at 1pm UTC, don’t miss it!
Why?
Some important stats:
🔺$1M FDV
🔺100% unlock at TGE
🔺Last Ghost project hit a 32x ATH ROI
Do what you will with that info 😉
▪️Phase 1: until 1pm UTC
▪️Phase 2 (FCFS): 4-7pm UTC
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Mando
🟥 Things I’m looking at today 🟥
BTC nears $100k, Ripple circles Circle, VIRTUAL above $1bn
@YEET x Mando Minutes
$10k prize this month to one email subscriber who signs up to YEET via
Crypto
* BTC: 96k (+1%), ETH: 1840 (+2%), SOL: 152 (+3%)
* Top Gainers: VIRTUAL, CRV, FARTCOIN, S, HYPE
* BTC ETFs: -$56mn, ETH ETFs: -$2mn
* Crypto creeps higher, many altcoins see big gains
* Circle rejects Ripple’s bid to buy it for $4-5bn
* HYPE leads L1 gains depsite X being hacked
* Tether preparing to launch stablecoin product in US
* a16z urges SEC to reconsider view on staking
* Metaplanet to open US arm, to raise $250m
* Semler Scientific buys $15.7m BTC
* SOL submits proposal for tokenisation of stocks
* Stablecoin-backed Visa cards coming soon
* SUI basecamp begins after huge rally, large unlock
* Ethena collabs with TON to intro stablecoins
* PENDLE to update fee structure tomorrow
* Grayscale launches BTC Adopters ETF
* Canary files with SEC for staked SEI ETF
* WRLD scanners launching in 6 US cities
* SGB launches platform for digital asset
Macro & General
* NASDAQ: 17.5k (0%), Gold: 3236 (-3%)
* S&P 500 7 day winning streak, longest since Nov
* US GDP contracted by -0.3% in Q1
* Stagflation fears grow as PCE Inflation higher
* Recession odds soar to 70% on prediction markets
* Markets fully price in 4 25bps rate cuts at end-2025
* Core Q1 GDP was ‘up’, despite ‘distortions’: Trump
* This is Biden’s stock market, not mine: Trump
* Best negative print for GDP I have seen: Navarro
* Oil hits lowest closing price since Mar 2021
* US-Ukraine mineral deal has been signed
* Chinese investors pile into gold funds at record pace
* No ongoing US-China talks: Greer
* Tesla denis looking for new CEO
Left Curve Corner
* Hot coins: REKT, gork, ETRUMP, SHADOW, HAEDAL
* Hot NFTs: Gemesis, Moriusa, Mibera Maker
* VIRTUAL $1.1bn, leads AI coins on new launchpad
* REKT $45m, teases announcement for today
* gork $35m, new AI meme originating from grok
* SHADOW $15m, Sonic DEX on Binance Alpha
* Magic Eden goes live on AVAX
* Axiom trading platform makes $10m fees in a week
gm
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xero 🎮
GM to everyone ☀️
Noticed X coming after crypto accounts with 1 liners, so testing adding more content here, like news:
Trench report 📰:
▫️We can see that the trenches are slightly back, but we're struggling to go past $100m on new runners, be careful
Utility report 📰:
▫️AIVA on Avax is getting presales, if you didn't get in you can stake DTRXBT quick before the snapshot
▫️Virtuals doing presales which you can get allocation if you have various virtuals coins
Infofi report 📰:
▫️Sign up to Mirra asap, and if you want to support then with referral code xerocooleth
▫️For Kaito partners, Socialfi apps launching on Somnia and Sophon back from Dubai soon with big updates and you should apply for their AI fund if you can
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SWANNY🔺
Fantastic to see @avax now supported on @MagicEden!
Avalanche🔺
This is where the m🔺gic happens.
@MagicEden is expanding to support Avalanche ecosystem projects.
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2Lambroz 🐑 (🧑🍳🥩🤌)
Yet @Slappjakke out performed you.
keep clicking
slappjakke.eth 🦇🔊
Since we're sharing biggest mistakes in crypto:
💀 went into ICX ico, roundtripped a 100x, then roundtripped a 30x next cycle. Sold at breakeven
💀 Sold LINK ico at $1
💀 Faded SOLUNAVAX season kept only on Fantom because i couldn't bother to bridge
💀 Took profit on the top in 2021, put it all into ETH, down 95 % roundtripped from 6 digits to low 4 digits
💀 Have hit 20+ 100x coins but never seem to size properly to be life changing
💀 retarded bad at sizing properly
💀 Spent 5 years to overcome fear of buying anything else than pico bottom
💀 Faded SOL at $8 two times
💀 Faded solana meme szn
💀 Faded PEPE at 2m
💀 Overinvested by a lot in seed rounds and kol rounds 1 year ago
💀 Bought BNB at $1, sold at $2
💀 Roundtripped Unibot
💀 Rugged countless times, highest amount 6 figs
💀 Faded hyperliquid early to farm a competitor
💀 Roundtripped AI agent szn
💀 Sold a $150k ATH SPIRIT airdrop for $5k
💀 Faded WONDERLAND at $15 because it looked like a ponzi
💀 Liquidated every single time i used perps for the first few years
--------
Still managed to outperform BTC by ~5x since i started
Crypto is forgiving in that you only need to hit 1 or 2 absolute runner to make it. A 800x of FTM basically changed everything
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Avalanche price performance in USD
The current price of Avalanche is $21.4710. Over the last 24 hours, Avalanche has decreased by -0.85%. It currently has a circulating supply of 416,969,589 AVAX and a maximum supply of 720,000,000 AVAX, giving it a fully diluted market cap of $8.95B. At present, the Avalanche coin holds the 12 position in market cap rankings. The Avalanche/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Avalanche is a Layer 1 decentralized blockchain network built to support complex applications and custom blockchain functions. Avalanche aims to be a leading Ethereum alternative, competing with other popular chains such as Solana and Cardano for the title of "Ethereum Killer."
Thanks to its scalable architecture, the Avalanche network can handle up to 6,500 transactions per second and has comparatively low gas fees. A wide variety of decentralized applications (dApps) are hosted by Avalanche, which resulted in a record-breaking total value locked (TVL) of $12 billion in late 2021. At the same time, the abundance of dApps on the Avalanche blockchain increased demand for the AVAX token and had a favorable impact on the cryptocurrency's price.
Avalanche also employs an Ethereum Virtual Machine (EVM), which makes it much easier and faster for developers to port and deploy Ethereum-based smart contracts and applications to the Avalanche network. With the familiar user experience, new users can be easily and quickly onboarded to the Avalanche chain.
AVAX is Avalanche's native token, required to pay the necessary gas fees when completing transactions on the Avalanche network. In addition, AVAX token holders can vote on protocol governance issues and have a say in the future development of the blockchain.
AVAX price and tokenomics
The maximum token supply of Avalanche is 720 million. On November 21, 2021, AVAX hit an all-time high of $146. This represents a period when new and innovative DeFi platforms chose the Avalanche network to host their applications. On top of that, Avalanche was a standout performer during the 2021 bull run.
In a series of private and public funding rounds, 360 million AVAX tokens were minted and sold to early supporters, raising $55 million. They are distributed as follows: The Avalanche founders and project receive 19.3 percent, investors receive 16 percent, and pre-mined rewards and community airdrops receive 64.7 percent. AVAX tokens will be continuously distributed to holders via staking rewards over the next several decades. Furthermore, the Avalanche supply schedule outlines consistent token unlocks over several years.
About the founders
The Avalanche network was founded by Ava Labs. Emin Gün Sirer, a well-known computer scientist, leads the Ava Labs venture. Gün Sirer is a Cornell University associate professor best known for his contributions to peer-to-peer (P2P) systems and computer networking. He was also a pioneer in Bitcoin scaling solutions. Kevin Sekniqi and Maofan Yin, who have PHDs in computer science, are other senior members of the Ava Labs team.
What makes Avalanche unique
The Avalanche network has a unique framework that sets it apart from competing chains. It is made up of several blockchains, each of which serves a distinct purpose with different responsibilities.
Avalanche Exchange Chain
Avalanche's X-Chain is built using a directed acyclic graph (DAG), exclusively used to send and receive money. By isolating these transactions, the Avalanche network reduces congestion and enables faster, cheaper payments.
Avalanche Platform Chain
Avalanche's P-Chain is used for staking and validation. On the P-Chain, Avalanche users can become validators to receive staking rewards.
Avalanche Contract Chain
Avalanche's C-Chain is the execution layer that is fully smart contract-compatible and can support dApps. The C-Chain is the home of all Avalanche DeFi protocols and NFT functions.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 5.4K new posts about Avalanche, driven by 3.4K contributors, and total online engagement reached 4.1M social interactions. The sentiment score for Avalanche currently stands at 79%. Compared to all cryptocurrencies, post volume for Avalanche currently ranks at 955. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Avalanche.
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Posts
5,391
Contributors
3,375
Interactions
4,103,556
Sentiment
79%
Volume rank
#955
X
Posts
2,506
Interactions
1,063,874
Sentiment
81%
Avalanche FAQ
How much is 1 Avalanche worth today?
Currently, one Avalanche is worth $21.4710. For answers and insight into Avalanche's price action, you're in the right place. Explore the latest Avalanche charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Avalanche, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Avalanche have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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