Solana

Avalanche

Coin

Airdrops have been bringing smiles to the faces of cryptocurrency investors for years. Most recently, an airdrop on the Solana network had brought in thousands of dollars in earnings. <a href="https://en.coin-turk.com/exploring-the-potential-last-buying-opportunity-before-the-altcoin-season/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Crypto</a> startups often use the airdrop strategy to keep the community alive and attract users in the early stages. The crypto community is satisfied and they are making thousands of dollars in profits.
<h2 style="text-align: justify" id="avalanche-airdrop">Avalanche Airdrop</h2>
<a href="https://en.coin-turk.com/contrasting-surge-in-avax-coin-amid-cryptocurrency-market-fluctuations/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Avalanche</a> ecosystem’s Pandasia has released its first version. The team, fresh on the scene, announced an airdrop for Avalanche validators to help grow the Subnets. Current Avalanche validators who test the Pandasia application to assist with smart contract testing and create a registered node operators list will receive GGP token entitlements.
<img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-288261 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/avalanche-gogopool-airdrop.png" alt="" width="656" height="445">
However, remember that you can benefit from this if you are a network validator. Node owners who access the project’s website can directly receive their tokens. Pandasia is striving to enhance decentralization on Avalanche.
<h2 style="text-align: justify" id="avax-coin-predictions">AVAX Coin Predictions</h2>
Setting aside the thrilling <a href="https://newslinker.co/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">news</a> of an airdrop from the Avalanche ecosystem, whose monetary value is yet to be determined, BTC continues to linger below $42,000. The Fed day has arrived, and investors have legitimate reasons to worry. This is exactly why cryptocurrencies started the new week with a volatile trend.
<img loading="lazy" decoding="async" loading="lazy" class="wp-image-288262 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/AVAXUSDT_2023-12-12_23-07-31.png" alt="" width="1139" height="532">
AVAX Coin price experienced a nice breakout at the wrong time. The wrong time because the volatility in BTC price made the bulls nervous, and the rally likely stopped at a lower peak in the short term. At the time of writing, the price had surpassed $42.7 but was at $37.4.
For the price increase to continue, last week’s peak (where the price was at the time of writing) needs to be maintained. If this can be achieved, levels of $52 and $70 can also be targeted. For long-term AVAX Coin investors, this isn’t impossible, as SOL Coin managed to recover to the $80 threshold from the $8 region after similar processes.
However, if the rally does not continue and the BTC melt persists after the Fed meeting, the AVAX Coin price could drop to $25 in an oversold environment. Closures below that could signal a bottom at $18.9. For now, BTC is finding buyers at $41,168, and it is likely that the Fed chairman will speak in a more hawkish tone than the previous meeting (amidst Friday’s data and the ongoing sticky inflation risk). Continue Reading: <a href="https://en.coin-turk.com/the-avalanche-of-airdrops-a-crypto-windfall/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/the-avalanche-of-airdrops-a-crypto-windfall/</a>

The Avalanche of Airdrops: A Crypto Windfall

Table of Contents

COINTURK NEWS

Other articles published on Dec 13, 2023

Get Rewarded: Winz.io Introduces WinzUp Loyalty Program

OKX reports $2.7 million in Crypto loss over recent attack: Data

CoinMENA Gains Vital Dubai Crypto License, Expands Reach

Bybit launches Spot X aggregator to enhance trading experience

Cantor Fitzgerald CEO reveals admiration for Bitcoin and Tether

Analysts pick 5 altcoins to consider as Solana, Avalanche post losses

Join our free newsletter for daily crypto updates!