Can Upcoming Meme Coin, Big Eyes Coin, Surpass Avalanche, and Polygon?

Amidst the gloom and doom of the bear market, one crypto project has emerged as a beacon of optimism and excitement for the entire sector. The latest meme coin to hit the cryptocurrency market is Big Eyes Coin (BIG), and it's utilizing its adorable logo and brand name to win over industry giants.

Timeline of Avalanche,

Crypto enthusiasts are hunters for profits, constantly searching for opportunities that guarantee profits regardless of the market condition. The cryptocurrency market is a bear rally, and although it leaves fewer chances for profit, there are still quite some opportunities.

Avalanche price analysis reveals that the market is in a bearish trend as prices constantly fall. There is some support for AVAX prices around $17.72 but it looks like it won't be enough to stop the fall.

The Kohlberg Kravis Roberts & Co, known as KKR Inc, is an American-based global investment company, KKR & Co has long been managing multiple assets and is now eyeing crypto assets. The class of assets managed by this firm cut across real estate, energy infrastructure, private equity, credit, and Hedge funds.

AVAX had time to recoup from June to July and then in August, the token slipped and formed a bullish cup and handle pattern. AVAX intraday trading volume indicates a 38.7% plunge Avalanche sellers successfully reclaimes the 20-day EMA slope Trading volume skyrockets to 487 million Now, the pattern which can be spotted at the market bottom will serve as a feasible launchpad for the crypto's recovery but in order to complete the pattern, the coin price should barrel past the $30.6 key resistance.

The CEO of Avalanche [AVAX] Labs, Emin Gün Sirer, made an important announcement on 14 September. KKR, a leading global investment firm, joined hands with Avalanche with $417 billion in assets under management (AUM).

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The previous trading day saw heavy losses across the board for both equities and crypto.

A V-top reversal from $30.5 resistance tumbled the Avalanche coin price to 0.786 Fibonacci retracement level at $18.2. The coin buyers obtained suitable floating at this level and triggered a 22% rally to $21.88.

Avalanche price analysis for today shows that the AVAX/USD pair has fallen to a new low of $19.64 after a bearish drive. The market has found support at $19.62 but the bulls have not been able to push the price higher.

Securitize, a digital securities platform enabling both primary issuance as well as secondary trading, has announced a new tokenized asset that provides investors with exposure to a fund created by KKR. KKR is a fabled buy-out firm and asset management company.

Securitize, a pioneer in the digital asset securities industry, today announced the establishment of a fund on the Avalanche public blockchain that will give its clients tokenized exposure to KKR's Health Care Strategic Growth Fund II (“HCSG II”). For the first time in the United States, investors can get access to one of KKR's alternative investment strategies through a tokenized fund (the “Fund”) issued by Securitize.