Avalanche (AVAX) reached number 10 by market capitalization, overtaking both Dogecoin and Shiba Inu in the last 24 hours. The so-called Ethereum killer is not the only competitor of the second largest cryptocurrency. There are five other layer 1 tokens that compete directly with Ether. Here you can buy AVAX now.
The Best Places to Buy AVAX Now
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the largest cryptocurrency exchanges on the market.
Buy AVAX now at Binance
What is AVAX?
Avalanche acts as a platform for decentralized applications and custom blockchain networks. It aims to displace Ethereum through higher transaction performance – up to 6,500 transactions per second – but not at the expense of scalability. Avalanche’s unique architecture makes this possible.
Backers of the token launched a fund called Blizzard earlier this month, which recorded an impressive $220 million in seed capital from participants such as CMS Holdings, Three Arrows Capital and Dragonfly Capital.
Should I buy AVAX today?
Since Emin Gün Sirer, CEO of Ava Labs, announced a cooperation with the auditing company “Big Four” Deloitte on November 16, AVAX has been on the upswing. In addition, the top stablecoin Tether announced the support of the Avalanche blockchain on Wednesday last week. His future looks bright.
According to Wallet Investor, a long-term price increase is expected from AVAX. The price forecast for 2026 is $ 333 per 1 AVAX. If you invest $100 in AVAX now, your investment can increase by 147% in 5 years.
AVAX Social Media
son hedefe gelmeden yenisini çizdim hedefler açık ve net alım konumları old yeşil kutular https://t.co/SiyySUMWrN pic.twitter.com/T6VGw3Xiv4
– Crypto StrateGy 🇹🇷 (@Kriptoadam48) November 21, 2021
Check out my #AVAXUSDT analysis on @TradingView: https://t.co/f8vHJDwIpJ
– Dobromir Zlatev (@hodlyourbreath) November 21, 2021