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Avalanche Update & AVAX Price Prediction!! 🗻

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Avalanche Defined In-Depth 👉
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0:00 Intro
2:39 Avalanche Recap
4:55 Avalanche Updates
7:46 AVAX Value Evaluation
10:41 AVAX Value Prediction
12:06 Avalanche Roadmap
14:30 Avalanche Growth Delays
16:36 Last Ideas


⛓️ 🔗 Helpful Hyperlinks 🔗 ⛓️

► Avalanche Apricot Improve:
► Avalanche Preliminary Litigation Choices:
► Avalanche Blockchain Explorer:
► Avalanche Ethereum Bridge:
► Avalanche Pangolin DEX:
► Avalanche X Grants:


👨‍🏫 Avalanche Recap 👨‍🏫

Avalanche is the brainchild of laptop scientist Dr. Emin Gun Sirer, a professor at Cornell College who has been beforehand accused of being Bitcoin’s creator, Satoshi Nakatmoto.
In distinction to different cryptocurrency blockchains, Avalanche makes use of a DAG optimized proof of stake consensus protocol referred to as… Avalanche.

Within the Avalanche consensus, validator nodes gossip with one another about transactions occurring on the community. This makes the Avalanche blockchain laborious to deprave and permits it to course of 4500+ TPS.

💱 Avalanche Updates💱

In November, Avalanche introduced plans for the primary main improve to the community referred to as ‘Apricot’. It will introduce governance, freezable property, and wrapped Avalanche tokens for Ethereum.
In December, Avalanche announce that True USD would be the first regulated stablecoin to launch on the Avalanche community. That is set to happen within the coming months.

Avalanche additionally introduced the primary ever Preliminary Litigation Providing whereby AVAX token holders can crowdfund a lawsuit. If the lawsuit is gained, token holders will earn a portion of the damages claimed.

📊AVAX Value Evaluation📊

AVAX has gone parabolic during the last couple of weeks and is displaying no indicators of slowing down. That is for a lot of causes.

Firstly, AVAX has some fairly sturdy tokenomics. AVAX can be deflationary since it’s burned to pay for community charges.

Avalanche has additionally seen an unimaginable quantity of community participation in terms of staking. Staked AVAX tokens are additionally topic to a 2 week lock up interval for each delegators and validators.
One other bullish indicator is the variety of tokenized property which have been created on Avalanche, which is now over 1000. Avalanche can be one of many few cryptocurrencies with a presence in Turkey.

🤑AVAX Value Prediction🤑

My short-term worth projection is Avalanche at a market cap of roughly 22 billion {dollars}, which corresponds to cost tag of round 275 {dollars} per AVAX.

Assuming Bitcoin goes as much as 100k throughout this cycle, that corresponds to a market cap of roughly 1.5 trillion {dollars}, which is a few 2x transfer from its present worth.

If AVAX pulls that very same 2x transfer with a 22 billion greenback market cap, that works out to round 550$ per AVAX within the coming months.

📅Avalanche Roadmap📅

As far improvement updates go, evidently we’re nonetheless ready for a cell pockets, a browser extension pockets, and a desktop shopper to be completed.

Avalanche can be on the lookout for builders to construct an entire suite of DeFi purposes and protocols.

⏲Avalanche Growth Delays⏲

Regardless of all of Avalanche’s partnership bulletins and the value motion of the AVAX token, improvement on the community appears to have been comparatively sluggish by comparability.
A latest report by Outlier Ventures suggests crypto devs are ditching Ethereum rivals and selecting to BUIDL in DeFi as a substitute.
Though the report mentions that Avalanche has really seen an uptick in improvement in 2020, the general pattern continues downwards, and that is clearly seen on the Ava Labs Github.


📜 Disclaimer 📜

The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who will not be a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable threat of loss. The speaker doesn’t assure any specific consequence.

#Avalanche #AVAX #crypto #defi #ethereum #smartcontract

Source: Coin Bureau

45 Responses

  1. Hey Chaps, loving the feedback! Just one quick thing that's come up since the video. The insane demand for the Pangolin DEX and Avalanche-Ethereum bridge actually managed to clog up the Avalanche network. The dev team is working on it, but just be aware you might have some delays transferring funds on and off both of these for the next few days…

    Don't forget to jump into my socials in order to get an update on this and much more 👉 https://guy.coinbureau.com/socials/

  2. Also please make an update! I’m sure explaining the avalanche consensus protocol and how it’s revolutionary and maybe even a talk with emin would be fantastic. I’m sure he’d love to talk with you

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  5. Nice video! When seculating on price of 550 dollars based on market cap of 44b, do you take the increasing max supply in consideration? I mean by the time we would eventualy get to lets say 44b market cap, the circulating supply would be much higher than in time of recording this video. Thanks!

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