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REGULATION
by
2 years ago

Why Avalanche 7 Days Price Increases 12%?

2023-10-06

REGULATION
by
2 years ago


1. Bitcoin price break through $27,000.

Bitcoin price has support line at $26k. Bitcoin current price is $27,557. When Bitcoin price stays strong altcoin prices will follow through.

 

2. Avalanche had been in downtrend for a long time.

Avalanche (AVAX) current support line is $8.7. AVAX current price is $10.43. It had been in downtrend for a long time and the price just rebound.


Avalanche market cap is $3.697 billion and fully diluted market cap is $7.511 billion. Its circulating supply is 49.22%.



AVAX 1 year price.

 

3. Star Arena



www.starsarena.com 



Star Arena is a new socialfi platform that recently launch on Avalanche. The launch of Star Arena in September 2023 increases Avalanche’s network activity.

 

Star Arena currently has 8.31k unique active users (UAW). While, its competitor Friend.tech has 12.99k UAW. 

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