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Cryptoknowmics 2022-03-17 18:00:53

Avalanche Price Prediction 2022-2026-Will AVAX Price Hit $100 by the end of 2022?

AVAX is the native token of the Avalanche blockchain. About 6,500 transactions can be completed within the avalanche blockchain within a second. This solves the puzzle that a blockchain cannot have speed and scalability. The Avalanche blockchain can be used to launch decentralized applications (Dapps) and customed blockchain networks. Its mainnet was launched in 2020 with some Ethereum projects like TrueUSD and Sushiswap already integrated into it. AVAX has a total supply of 395,891,290 AVAX. The native token AVAX can be traded in top cryptocurrency exchanges like Binance, Coinbase, Kucoin, Gate.io, Kraken, and others. What is Avalanche (AVAX)? AVAX is the Coin used for transactions within the Avalanche blockchain. The blockchain has three components which are X-chain, C-Chain, and P-chain. Avalanche consensus mechanism uses the acyclic graph (DAG) protocol which ensures that nodes process and validate transactions before it is completed. It was developed by the AVAX Lab after it received $42 million in its initial coin offering (ICO) from investors in less than 24 hours in 2020 though its seed fund was closed in February 2019. Uses for a stake in the Avalanche network stakes a minimum of 2,000 AVAX for at least two weeks with annual return of 11.57%. Let’s see the AVAX price prediction for the coming years. Price Analysis of Avalanche (AVAX) Flashback: Fundamental Analysis of AVAX There was a recent news report that the staki...

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