AVAX: Classic bubble pop and future possibilities
AVAX has all of the hallmarks of classic bubble pop.
I think that a bottom will be found around October 2022, hopefully somewhere in the white demand box. I will be accumulating here.
Then Avalanche will continue to grow over the years. I think a future valuation of at least $1000 is easily possible.
Consider that as of today, it is currently processing about the same amount of daily transactions as Ethereum but for 20x lower fees and with instant finality, all with over 1000 nodes, so highly decentralised.
I think that a bottom will be found around October 2022, hopefully somewhere in the white demand box. I will be accumulating here.
Then Avalanche will continue to grow over the years. I think a future valuation of at least $1000 is easily possible.
Consider that as of today, it is currently processing about the same amount of daily transactions as Ethereum but for 20x lower fees and with instant finality, all with over 1000 nodes, so highly decentralised.
Note
perfecto
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.