Opportunity: This Cryptocurrency has given 4500 percent return, will make profits even further. Opportunity This Cryptocurrency has given 4500 percent return will make profits even further


One of Ethereum's Rivals

One of Ethereum’s Rivals

Avalanche is a Layer One blockchain that acts as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, and aims to establish itself as the most preferred blockchain for smart contracts by ousting it.

Leave these crypto coins behind

Leave these crypto coins behind

Data from Coinmarketcap shows that Avalanche outperforms cryptocurrencies like Polkadot and Dogecoin with a market capitalization of over $30.2 billion. It is currently behind Terra (Luna) which has a market value of over $34 billion. Avalanche Token has grown by over 4,200 percent in the past year. It rose to $127.42 on December 22, compared to $2.91 a year ago.

Huge return of 4500 percent

Huge return of 4500 percent

But Avalanche has given 4500 percent return in true sense. However, last week it touched $134.53, taking its return to 4,500 percent. Over the past few weeks, the coin has seen an increase of nearly 80 percent. It had risen by 35 per cent in the last one week till the morning of December 22. However, after that it also declined.

alternative to ethereum

alternative to ethereum

Investors started paying attention to blockchain after Bank of America selected Avalanche as a reliable alternative to Ethereum, as an analyst notes recently, due to the fast (settlement) of this platform and lower cost than alternative blockchains. Is done. Ethereum has been heavily criticized for its low speed and high transaction cost, which makes its other alternatives more attractive.

Announcement of new partnership

Announcement of new partnership

Emin Gun Sirer, CEO of Ava Labs and founder of Avalanche, has announced a new partnership with consultancy firm Deloitte, which will include building a disaster relief software platform on the Avalanche blockchain, reports The Economic Times. According to another expert, this is a clear indication that the blockchain network and its avax token are increasingly being adopted and invested. Despite this, there is a good chance that assets and liquidity will continue to migrate to Avalanche-like chains as their DeFi ecosystems grow in size and value. This has been seen in many cryptos. That is why investing in crypto is considered risky.





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