Avalanche price analysis: AVAX/USD pair dips below $65

Today's Avalanche price analysis shows a bearish trend gaining momentum with strong bearish possibilities. AVAX/USD is currently trading at $65, down 6.19% in the past 24 hours, with a trading volume of $607,256,088.

Timeline of Avalanche

The founder of Ava Labs, Emin Gün Sirer, has offered his opinions on the crash of Terra's algorithmic stablecoin, UST.  According to Gün Sirer, there is a need for decentralized algorithmic stablecoins in the ecosystem due to the censorship vulnerability of fiat-backed stablecoins.

A popular crypto trader is cautioning digital asset investors about the fate of altcoins as the markets take a tumble to start the new week. The analyst known as Altcoin Sherpa follows up on a May 6th tweet where he warned that it could be “lights out” for many altcoins if certain price levels were The post Analyst Issues Solana and Avalanche Warnings, Says Traders Should Not Underestimate Altcoin Bear Market appeared first on The Daily Hodl.

AVAX price is enjoying a relief rally following a massive sell-off. The recent price action advocates for an extension of the upside momentum owing to the overall market mood and the way technicals are aligned.

With the introduction of the cryptocurrency market over the last decade, several formerly complex transactions and procedures have become easy and accessible to anybody. This is owing to the unique characteristics of different cryptocurrencies.

Avalanche (AVAX) co-founder and CEO Kevin Sekniqi says he has a hard time imagining that Bitcoin (BTC) will be able to maintain its number one spot in the crypto markets. Sekniqi tells his Twitter audience that at some point in the next two decades, he thinks the top crypto asset by market cap will most The post Avalanche (AVAX) Co-Founder Predicts Bitcoin (BTC) Loses Its Supremacy – Here's When appeared first on The Daily Hodl.

Avalanche has unveiled a $290 million incentive plan to help fund the development of its multiverse. The statement highlights how Avalanche plans to enter its next phase of expansion in order to not only remain competitive but to thrive as…

Avalanche just announced that it is diving into metaverse development through a $290 million incentive program. The announcement reveals how Avalanche intends to venture into its next growth phase not just to stay competitive but also to thrive as a network.

Avalanche is the killer app for NFT games since it allows creators for more flexibility and can insulate them from the wider network issues, according to the Ava Labs president John Wu so let's read more today in our latest cryptocurrency news. Wu believes that Avalanche is the killer app for NFT games while most

Avalanche price analysis shows bearish price action after the elongated bearish slide. Bears are covering a downwards range today, which has further deteriorated the circumstances for the token.

A closely followed crypto analyst and a trader who is pseudonymously known as Altcoin Sherpa comes up with his analysis and is seen warning the traders that altcoins will see more selling pressure if the price fails to hold on to their support level. The crypto strategist, Altcoin Sherpa informs his 174,900 Twitter followers that …