Are we in an Alt season? $ADA $NEAR $ETH $AVAX $ATOM $SUI all flying here. Been a long road down- time for a significant recovery? Let’s hope so
Avalanche (AVAX) is a blockchain platform designed for smart contracts, dApps, and subnets (customized blockchains) in the context of DeFi. The network focuses on fast transactions, low fees, and energy efficiency. The native token of the Avalanche blockchain is called AVAX. Avalanche (AVAX) uses a variation of the proof-of-stake consensus mechanism and allows users to stake AVAX tokens. The three-blockchain architecture and unique proof-of-stake consensus protocol give Avalanche the capacity to deliver high throughput and near finality of transactions. Avalanche is a layer-1 blockchain to perform at a scale suitable for Web3 and DeFi. Avalanche offers interoperability to developers and users. You can buy AVAX on most major crypto exchanges and investing apps as well as trade it.
The fastest, most convenient way to purchase Avalanche is to purchase it on ICONOMI. We check Avalanche live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Avalanche by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Avalanche is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Avalanche, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Avalanche in their structure.
Here you can read and comment on all posts made by Strategists about Avalanche AVAX. See all Avalanche price predictions in real time and make the best use of their crypto knowledge.
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All of these projects are undervalued, based on our valuation method.
5. Summary
Traditional finance professionals are increasingly studying Bitcoin, with many recognizing its potential as a solution to some of the world’s biggest financial challenges. There’s growing discussion about Bitcoin’s role as a future reserve currency—a shift that could play out over the coming years or even the next decade, marking the final stage of its adoption and a future where many will benefit. Although widespread adoption is still years away, now is the time to position oneself, moving beyond the view of crypto as merely speculative and embracing it as a meaningful response to global financial needs🏦
This shift applies not only to Bitcoin but also to a diverse range of altcoin projects offering unique solutions. Platforms like Chainlink and Avalanche are laying the groundwork for a tokenized world, while many other projects are bringing distinct innovations that complement and enhance the existing financial landscape🤔
The future is bright; don’t let temporary price action or volatility distract from the transformative potential ahead!🚀 $BTC $AVAX $LINK
ALTCOIN SEASON NA POTI🚨
Spodnja slika prikazuje gibanje dominance Bitcoina (tržni delež Bitcoina glede na ostale kovance- ko bitcoin prinaša večje donose od ostalih kovancev se le-ta veča in obratno) v mesecih po halvingu. V letu 2017 je dominanca Bitcoina začela upadati 224 dni po halvingu. Enako se je zgodilo tudi 2021, točno 224 dni po halvingu. Letos, 2024 manjka še cca. 40 dni do 224 dni, ko bi teoretično dominanca bitcoina v primerjavi z altcoini začela upadati.
GAMING EKOSISTEM
Kripto AAA prvoosebna strelska igra OFF THE GRID🔥 --> #1 na seznamu Epic Games store-a. Igra sicer nima svojega kovanca, je pa razvita na Avalanch $AVAX blockchainu, ki ga držimo v strategijah.
Več o največji igri tega bikovskega trenda najdete na: https://linktr.ee/playoffthegrid
Tako imenovan Total Value Locked (TVL) žetonov $SOL in $SUI raste eksponentno. SUI že nekaj tednov presega najvišje vrednosti, zato tudi cena eksponentno raste. Solana pa se bliža starim rekordnim vrednostim iz leta 2021. #bullish🚀
*TVL nam pove koliko kovancev v celotnem obtoku je zakljenjenih, bodisi Stake-anih oziroma Zaklenjenih za določen čas na DeFi platformi in na ta način vzeti iz obtoka. Več kot je kovancev zaklenjenih, manj jih je v obtoku in manjša možnost, da bi se prodajali na kratki rok.
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The second thing we should talk about is the global liquidity, which looks to be on the increase already. The leading country in this aspect is China, the Public Bank of China has announced huge aid to the stock market in the form of 500 billion RMB, with a possibility of 500 more, to which the market has responded very favorably.
The third thing are the elections in the US, this is in our eyes the primary reason as to why the crypto market has not moved to new all time high as SPX did. There is uncertainty regarding who will get elected, our current view is that if Trump wins it is good for crypto in general and if Harris wins it would be good for $BTC, but not so much for alts, what will actually happen remains to be seen. SEC has had a very aggressive and negative approach towards alts in the past couple of years, which is expected to change if Trump wins. Generally the election year is very positive for the markets and YTD the stock market has performed the best out of any year in the 21st century, unfortunately for us crypto has not been doing so hot so far.
We could say this is the longest consolidation (which is quite painful to go through in the bull market) we have ever had in a crypto bull market, normally they are much shorter at least as far as $BTC goes, the alts normally underperform in these periods. Our thesis still remains the same, we are still expecting a "blow-off" top, probably some time in the next year and our expectations are that the altcoins will outperform Bitcoin, that is why our portfolio is positioned in the way it is, we still primarily believe in $INJ, one of the examples why is because it has had higher revenue in Q3 than giants such as $BNB chain and $AVAX.
As long as we stay in this consolidation do not expect many updates from us, but we are constantly monitoring the market as you can see from this long post and we are ready to be more active as things start moving faster once again.