The cryptocurrency sector has seen tremendous activity around its key players such as Avalanche, also known as AVAX. AVAX has been hailed as a crypto coin to watch out for, with speculations about a possible all-time high soon. AVAX has drawn massive attention paving its way as a dark horse of the 2024 crypto race.
Major coins including BTC, ETH, BNB, SOL, XRP, DOGE, ADA, and AVAX were subject to price analysis, revealing strong performances across the market, with AVAX's recovery predicted to start by 2024. AVAX even outperformed TON by rallying 380%, showcasing strength in the crypto universe and earning a place on Bitcoin Maxis' watchlists.
New meme coin Koala Coin (KLC) is also causing a stir, offering staking rewards. It has already managed to draw interest from both AVAX and SOL fans, who believe it can rival existing cryptos such as Polkadot. Fresh interest within BNB and AVAX holders swarm to Raboo (RABT) presale is noted.
However, it's not all clear skies, as AVAX's Liquid Staking has seen a sudden fall, whilst Bitcoin's price hovers above $67K. Furthermore, AVAX underperformed ahead of a $365M token unlock. Moreover, the Avalanche Foundation's investments in meme coins were underwater, despite AVAX price seeing an impressive 36% weekly gain.
Lastly, AVAX has been featured on CoinDesk 20 Gainers, earning it a 28% advance. AVAX Leads Top 10 Coins With a 10% Daily Increase and Price Signals Trend Reversal Ready To Touch $100.
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