Ethereum

Solana

Bitcoin

Avalanche

Rise

<p style="text-align: justify">One of the most talked-about projects in the world of cryptocurrency, <a href="http://en.coin-turk.com/has-avax-triumph-yielded-favorable-price-developments-behold-the-latest-altcoin-landscape-with-charts/" data-wpel-link="internal">Avalanche</a> (AVAX), continues to be named among “Ethereum killers” along with Solana (SOL). In this regard, after recovering from its $8 level, AVAX’s price displayed a performance beyond the general market movement and rose to $37. But what’s happening with AVAX today?</p> 
<h2 style="text-align: justify" id="avalanche-avax-reviews">Avalanche (AVAX) Reviews</h2> 
<p style="text-align: justify">Despite the Bitcoin drop in the past hours, a quick recovery was seen in AVAX and a statement was made by a user named Wise Advice. In his statement, the analyst pointed out that AVAX is unstoppable.</p> 
<p style="text-align: justify">As the analyst also pointed out, unlike many cryptocurrencies in the market, a general decline was observed in almost all major cryptocurrencies except AVAX in the past hours. The analyst, drawing attention to another issue, pointed to QI, which serves as a decentralized surveillance-free liquidity market and a liquid stake protocol on Avalanche, leading the list of the most winners on <a href="http://en.coin-turk.com/binance-engages-former-doj-prosecutor-for-defense-in-sec-case/" data-wpel-link="internal">Binance</a> today, and said the following:</p> 
<blockquote> 
 <p>Early in the morning, the price of #BTC dropped and almost all altcoins lost value instantly. But today, there is #QI, which has increased by more than 150% and is the highest-earning coin on Binance. Its market and volume have increased by more than 155% and 253% respectively. Always remember that when a L1 rises, the active tokens in its ecosystem also follow it.</p> 
</blockquote> 
<p style="text-align: justify"><img loading="lazy" decoding="async" loading="lazy" class="aligncenter size-full wp-image-287302" src="https://coin-turk.com/wp-content/uploads/2023/12/avax-qi-yukselis.jpg" alt="" width="531" height="521"></p> 
<h2 style="text-align: justify" id="how-much-is-avax">How Much is AVAX?</h2> 
<p style="text-align: justify">AVAX, which pleased its investors with the increase that began at night, raised its price to over $37. Subsequently, a sharp Bitcoin drop that occurred as the Asian markets started trading had some effect on the AVAX price, which ended with a needle coming to $40,400.</p> 
<p style="text-align: justify">As a result of this drop, the AVAX price also retreated to the $31 level, but unlike the market, its recovery was quick and regained the $36 level. Despite not fully recovering from the Bitcoin drop, AVAX saw a 3% drop in the last 24 hours compared to the price it had yesterday.</p> 
<p style="text-align: justify">In the weekly review, while it was seen that the AVAX price increased by 63%, it demonstrated an incredible performance of 144% in the last 30 days, according to indicators. Nevertheless, considering that the ATH level of AVAX is at $144, the price level of $36 reveals that it is trading at a level 75% lower.</p> <span style="font-weight:bold;font-size:16px">Continue Reading:</span> <a href="https://en.coin-turk.com/the-avalanche-project-avax-continues-to-rise-despite-market-volatility/" data-wpel-link="internal">https://en.coin-turk.com/the-avalanche-project-avax-continues-to-rise-despite-market-volatility/</a>

The Avalanche Project (AVAX) Continues to Rise Despite Market Volatility

Table of Contents

COINTURK NEWS

Other articles published on Dec 11, 2023

High Flying Utility of Retik Finance (RETIK) Makes It a Better Token Than All Memecoins Including...

XRPL's Market Phenomenon: Last Week's Unprecedented Surges & Expert Insights That Everyone's Talk...

TradeWire: Leveraging AI to Revolutionize Data-Driven Trading

Top Reasons Why Chainlink (LINK) is The Best Bet Altcoin Right Now

Three REIT Stocks to Consider Holding in 2024

Will Bitcoin ETFs follow gold ETFs’ path to success?

Join our free newsletter for daily crypto updates!