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

ambcrypto.com

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.

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Bitcoin AVAX
$ 54.3

Timeline of Avalanche


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.


Why Dogecoin, DOT, AVAX might not be a good option for your portfolio - AMBCrypto

Cryptocurrency markets so far this year have seen a significant uptrend, which many have considered a reward for surviving the aftermath of the collapse of Terra-Luna in May 2022 and the significant losses caused by the unexpected fallout of cryptocurrency exchange FTX in November 2022.


Avalanche dominance under threat? Investors worry as GMX shifts to Arbitrum - AMBCrypto

According to the latest data from Artemis, the majority of GMX‘s activity has shifted from Avalanche [AVAX] to Arbitrum. This shift has raised concerns about the potential impact on Avalanche, as GMX is currently the largest perp by market cap and outperforms many of its competitors in terms of Total Value Locked (TVL).


Millions in crypto donations for Turkey after earthquake: Avalanche and Bybit among key players - The Cryptonomist

Millions of crypto donations are pouring into Turkey following devastating earthquakes. Major donors include Avalanche, an open source decentralized blockchain, and Bybit, a crypto exchange.


BGD Labs Announcing Integration Of Chainlink Proof Of Reserve Onto Avalanche - Coincu

Key Points: In order to increase lending market transparency and on-chain verification, Chainlink's Proof of Reserve feature is now accessible on the Aave lending platform running on the Avalanche blockchain. The integration will enable transparency for tracking the financial health of liquidity pools on the Avalanche-based Aave platform that contains wrapped tokens like AAVE.e, DAI.

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