Token

Avalanche

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-monitor-avalanche-token-unlock-event/" data-wpel-link="internal">Investors Monitor Avalanche Token Unlock Event</a><br></p>
<p class="p1" style="text-align: justify">In the <a href="https://en.coin-turk.com/bitcoin-price-prepares-for-exciting-turn/" data-wpel-link="internal">cryptocurrency market</a>, one of the key <a href="https://newslinker.co/how-does-artificial-intelligence-work/" target="_blank" rel="noopener" data-wpel-link="exclude">data</a> points <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> closely watch is token unlock events. According to the Token Unlocks platform, which closely monitors token unlocks, tokens worth $209.83 million will be unlocked in the next seven days. Tomorrow, the popular Layer-1 ecosystem Avalanche’s native token AVAX will have its token unlock event.</p> 
<h2 class="p1" style="text-align: justify" id="avalanche-token-unlock-event">Avalanche Token Unlock Event</h2> 
<p class="p1" style="text-align: justify">According to data provided by Token Unlocks, which shares token unlock events with its users, tokens worth $209.87 million will be unlocked next week, marking some of the largest token unlock events in recent times. Among these unlocks, the Layer-1 ecosystem Avalanche’s native token AVAX will have its token unlock event.</p> 
<p class="p1" style="text-align: justify">Tomorrow (August 20) at 03:00, the event will unlock tokens amounting to 2.41% of the total AVAX token supply, with a market value of $196.27 million. As the event approaches, investors are eagerly following the process, and at the time of writing, the AVAX token was trading at $20.57. The AVAX token unlock event is one of the most anticipated token unlocks in the coming days.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-381151 size-full" src="https://coin-turk.com/wp-content/uploads/2024/08/avalanche.png" alt="" width="2668" height="1052"></p> 
<h2 class="p1" style="text-align: justify" id="avax-chart-analysis">AVAX Chart Analysis</h2> 
<p class="p1" style="text-align: justify">The daily AVAX chart shows a downward trend that has been ongoing since the second week of March. This decline from the $64 peak has caused concern among investors. The trend line acting as resistance during the July rise led to a loss of momentum in the AVAX price.</p> 
<p class="p1" style="text-align: justify">The most important support level to watch on the AVAX chart is the $19.51 level, which has played a significant role in recent weeks. A daily bar close below this level could cause the AVAX price to lose momentum again. The most crucial resistance level on the daily AVAX chart is $23.97. A daily bar close above this level would be an important stop for breaking the trend line at the $26 level.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-381150 size-full" src="https://coin-turk.com/wp-content/uploads/2024/08/avax-1.png" alt="" width="2671" height="1253"></p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/investors-monitor-avalanche-token-unlock-event/" data-wpel-link="internal">Investors Monitor Avalanche Token Unlock Event</a></h5>
<p>The post <a href="https://en.coin-turk.com/investors-monitor-avalanche-token-unlock-event/" data-wpel-link="internal">Investors Monitor Avalanche Token Unlock Event</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Investors Monitor Avalanche Token Unlock Event

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