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AVAXUSD

Avalanche / US Dollar

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Digital Currency

Cryptocurrency Avalanche / US Dollar

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Avalanche (CRYPTO: AVAX) has seen a price drop of 6.97% in the past 24 hours, down to $38.49, contrasting with a 7.0% increase over the past week. The trading volume has decreased by 9.0%, and the circulating supply has slightly decreased by 0.05%. Despite the short-term decline, AVAX's market cap remains at $14.11 billion, ranking it 10th.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 3:02 pm

Cardano (ADA) has seen a 7.4% price increase, attributed to a surge in development activity and significant investment inflows. With the highest average daily development activity on Github and $3.7 million in inflows in the first week of 2024, ADA's momentum is strong. Its total value locked has also increased, and the community is anticipating developments in NFTs on the Cardano platform.

Portfolio Pulse from Khyathi Dalal

January 12, 2024 | 12:07 am

The cryptocurrency market is experiencing notable activity with a 588% surge in Shiba Inu's burn rate and a 1,300% increase in whale transactions. Solana's ecosystem boasts over 2,500 monthly active developers. Solana (SOL) and Avalanche (AVAX) are up in trading, while memecoins Bonk (BONK) and Celestia (TIA) have seen significant increases. XRP saw a large transfer of 100 million coins. Crypto analyst Ali Martinez predicts a potential bull run for Solana and a consolidation period for Cardano (ADA) until April 2024, with a possible resumption of a bull run thereafter. He also notes that the negative market sentiment for XRP could offer unique opportunities.

Portfolio Pulse from Khyathi Dalal

January 09, 2024 | 6:20 pm

Avalanche (CRYPTO: AVAX) has seen a 3.88% price drop to $34.0 in the last 24 hours, continuing a weekly downward trend with a 15.0% loss from $40.2. The trading volume for Avalanche has increased by 46.0% over the past week, while the circulating supply rose by 0.85% to 366.60 million, approximately 50.92% of its max supply. Avalanche currently ranks #10 in market cap at $12.56 billion.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 3:01 pm

Following Jim Cramer's bullish comments on Bitcoin, the cryptocurrency market experienced a significant downturn. Bitcoin, along with other major cryptocurrencies such as Ethereum, Polygon, Shiba Inu, Solana, Polkadot, Avalanche, and Chainlink, saw substantial losses. The global crypto market cap fell by 6.7%, with Bitcoin futures open interest also declining. Influencers and analysts have attributed the market drop to the 'Jim Cramer Effect', criticizing his timing and the subsequent market reaction.

Portfolio Pulse from Khyathi Dalal

January 03, 2024 | 6:28 pm

Avalanche's (CRYPTO: AVAX) price has risen by 3.51% in the last 24 hours to $40.85, despite a weekly downtrend with a 9.0% loss from $44.88. The coin's all-time high is $144.96. Trading volume decreased by 17.0% over the past week, and the circulating supply dropped by 0.5% to 366.34 million, approximately 50.88% of the max supply. AVAX's market cap is currently ranked #10 at $15.04 billion.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 3:02 pm

Avalanche (CRYPTO: AVAX) has seen a 3.06% increase in price over the last 24 hours, reaching $40.52, despite a 15% decline over the past week from $47.78. The coin's all-time high is $144.96. Trading volume has decreased by 45% over the past week, while the circulating supply has slightly increased by 0.12% to 365.48 million, approximately 50.76% of the max supply. AVAX's market cap is currently ranked #10 at $14.80 billion.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 7:02 pm

Influencers are expressing optimism for the cryptocurrency market in 2024, with expectations of significant developments such as the launch of Shibarium, a Bitcoin ETF, and growth in altcoins. Social media personalities with large followings are predicting that 2024 will be a pivotal year for crypto, with potential for high returns and market expansion. The global crypto market cap is $1.65 trillion, with Bitcoin and Ethereum seeing substantial gains year-to-date. The decision on the spot Bitcoin ETF approval is anticipated between Jan. 5 and Jan. 10, 2024, with firms like BlackRock, Fidelity, and WisdomTree involved.

Portfolio Pulse from Khyathi Dalal

December 30, 2023 | 2:02 pm

The Avalanche Foundation has announced an initiative to integrate meme coins into its Culture Catalyst program, aiming to empower creators and accelerate blockchain adoption. The program, launched last year, supports creativity and culture through blockchain technology. The foundation will purchase select Avalanche-based meme coins to create a collection that reflects the cultural significance of these tokens. The selection criteria include the number of holders, liquidity, project maturity, fair launch principles, and social sentiment. This move is part of Avalanche's strategy to diversify its engagement and portfolio within the crypto asset landscape.

Portfolio Pulse from Murtuza Merchant

December 29, 2023 | 5:54 pm

Ethereum (ETH) saw a significant increase, surpassing the $2,400 level following U.S. jobless claims data, which showed a rise to 218,000. Bitcoin (BTC) experienced a slight uptick, trading above $42,700. Bitcoin SV (BSV) and Internet Computer (ICP) were among the top gainers, while Bonk (BONK) was the biggest loser. The global crypto market cap increased by 0.8% to $1.69 trillion.

Portfolio Pulse from Avi Kapoor

December 28, 2023 | 2:36 pm

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