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FTX's loss may be Avalanche's gain, but here's where AVAX stands

Even though the FTX collapse was a massive hit to the crypto-market, Avalanche managed to benefit from this ordeal. TSM, a popular gaming firm, had plans to establish its own crypto-based gaming network with FTX.

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Bitcoin AVAX
$ 8.9

Timeline of Avalanche

Esports Organization TSM Signs On With Avalanche For New Gaming Subnet - Bitcoinist

Crypto engagement isn't over and done with for esports org TSM. While the powerhouse esports player was in the midst of the FTX fallout late last year, TSM is still looking big picture courtesy of a new partnership announced on Tuesday.

Avalanche price analysis: AVAX starts to lose value at $16.10 - Cryptopolitan

Avalanche price analysis shows a bearish trend for the cryptocurrency, as the bears have been on the winning edge for the last 24 hours. The bear controls the market as the price declines to $16.10, and a further decrease in coin value can be expected if the bears remain consistent.

Avalanche price analysis: AVAX continues to stagnate after dropping from $20 mark - Cryptopolitan

Avalanche price analysis shows price setting down after initially falling below the $20 mark on February 24. Price remains in pursuit of the resistance point at $20, with the support zone keeping just below current price at the $16 mark.

Users on Avalanche fall despite efforts: What does it mean for AVAX? - AMBCrypto

According to a 20 February tweet by Artemis, the overall number of protocols on the Avalanche [AVAX] network increased. However, this spike in the number of protocols on the network did not have the desired effect.

Extended Rallies for Avalanche, Polygon, Chainlink and Two Additional Assets Incoming, Predicts Top Crypto Analyst - The Daily Hodl

Popular crypto strategist Michaël van de Poppe is predicting bullish continuations for a handful of altcoins, including Avalanche (AVAX), Polygon (MATIC) and Chainlink (LINK). Van de Poppe tells his 649,000 Twitter followers that he believes the trend for smart contract platform Avalanche is still up, despite its recent pullback.

Avalanche price analysis: Bullish momentum builds as AVAX reaches new highs of $21.23. - Cryptopolitan

Avalanche price analysis confirms that a bullish trend has been dominating the market. The token has seen an impressive increase in its price and is currently trading around $21.23, up by 4.43% in the past day alone.

Avalanche price analysis: AVAX gains bullish momentum at $20.18 - Cryptopolitan

Avalanche price analysis appears to be following a strong bullish movement with the price going up, expecting to reach new highs. In the last 48 hours, the price has risen to a significant degree.

Avalanche price analysis: AVAX to retest $20 resistance, as bullish momentum grows - Cryptopolitan

Given that the price is currently rising, the Avalanche price analysis displays optimistic momentum. Bulls were able to raise the price and re-challenge the $20 resistance after the price suffered a significant drop on February 16, 2023, to $18.56.

Avalanche price analysis: AVAX loses value at $19.08 after bearish pressure - Cryptopolitan

Avalanche price analysis shows a downtrend in the price of AVAX. After opening at today's low of $19.66, the coin has been in a steady decline, losing more than 4.19 percent of its value since then.

Avalanche's Platypus DeFi suffers $8.5m flash loan attack - Crypto news

Platypus DeFi has suffered a flash loan attack, losing about $8.5 million to the attacker. The unfortunate news has crashed the price of the project's Platypus USD (USP) token by over 52 percent in the past 24 hours.

Bitcoin Bitcoin
26615.7000 0.27%
Ethereum Ethereum
1595.30000 0.12%
210.834000 0.12%
0.51043300 -0.85%
Dogecoin Dogecoin
0.06168860 0.40%