Avax memes popping off. Only a matter of time before new traders accumulate two of the core eco tokens with strong fundamentals: $PHAR and $GGP
1.77K
1
Jesus Martinez
I must’ve onboarded 1000’s of people into $AVAX Gaming last month
0 pay from the MapleStory team, just betting on long term good karma points for the Avalanche ecosystem
2.5K
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Cheeezzyyyy reposted
Poopman (💩🧱✨)
Time flies, realize I'm already 4 years into crypto.
I don't have a fancy journey like others do. It's just curiosity, sweat and hard work.
I learned about crypto in 2021 when I was still a lab intern at the university.
Young and naive, I bought my first crypto through a shady local exchange with the hard-earned money from my part-time job.
What did I buy after that? I bought Snowbank on AVAX - the APY was something like 9 trillion%. I didn't give it a second thought and eventually watched it drop to 0 a few weeks later.
It was funny and bitter, good old days.
Then, NFT summer arrived. My friends and I were flipping NFTs, and I started really digging into DeFi after getting an opportunity to join a research firm as an intern.
Giving up my planned career path was tough. I could have joined a biotech research firm and gotten a high and stable salary, but life isn't fun without some challenges.
So I followed my wild heart. I wanted to remember a life we live, not the money I made.
The first 3 months in the firm, I still remember reading the whitepapers of Curve, Frax, Berachain, and many others - all the terms felt like an alien language to me.
I was probably the stupidest member of the team, so I spent extra time catching up. I had no weekend breaks and was always the first to arrive at the office because I wanted to be competent.
There was no textbook about crypto. So I picked up everything myself from youtube and google articles, that's what everyone did.
That year, I learned how crypto works, and that's when I started Poopman as well.
For the next 2 years, I rotated between research and investment to explore diverse skillsets. I didn't trap myself in one area or become a specialist since one has to try different things to understand what they're good at.
I've met countless great people along the way and am super grateful for all the opportunities I've been given. @jinglingcookies was actually my very first crypto friend, whom I met at an event.
If I had a time machine, I'd go back and shake hands with all the people who inspired me to push forward.
Overall, the ups and downs of my journey aren't crazy , perhaps because I treat every challenge as a lesson to learn, and I never look back.
But I do have some traits as personality that helped me along the way:
- Being open-minded but critical
- Being curious about everything
- Thinking more about how and why
- Strong mental resilient
- Being sociable and helpful
- Understanding that rewards come with hardwork and luck
This year is my 4th year in crypto.
The market conditions have never been more challenging, but we have to adapt because the future will only be 5-10x more competitive than now.
Swallow it.
Stop complaining and start to work.
Nothing is impossible if you just try.
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2
Coop🚨
This feature is being way underutilized on X.
I think people underestimate it for some reason.
I’m not even using it to maximum impact.
I’m talking about the little brand affiliate logos for personal profiles.
Slap it on every yapper you have a good relationship with.
I really notice it, I keep seeing a few brands everywhere and you start to think this brand is everywhere because their affiliates are everywhere.
I only have the Ava Labs one, which isn’t as good as if it was AVAX.
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笑苍生.btc
The Avalanche chain that allows for multiple benefits from one fish.
The Avalanche chain is also starting its final struggle.
I choose to believe.
Previously, Solana and Ethereum were impressive in staking. The airdrop results were good.
The transfer speed of Avalanche is as low as APT.
The scent of a bull market has all major public chains eager to compete for a share of the pie.
However, its financing amount is unclear.
I choose to operate cautiously; the amount will decrease.
Why am I doing this?
1. The official said that branded airdrops have points equal to SUZ.
2. Early projects open at dawn; entering now does not maximize benefits.
3. Avalanche is also a relatively old protocol public chain. Depositing a few hundred dollars is not a problem.
New public chains have the risk of running away; I suggest everyone stake within their capability.
Link: Using my link gives a 20% points bonus.
Strategy:
AVAX strategy
If you don’t have AVAX, borrow some from OKX and directly stake AVAX; it’s the simplest.
The website is quite simple. I will directly show my operation guide in text.
I borrowed 20 AVAX from OKX. Transferred to OKX wallet.
Convert AVAX to SAVAX.
Then go into DeFi and deposit sAVAX into rsAVAX.
Once you have your deposit, you’re good to go.
You can also directly deposit stablecoins AUSD to exchange for points.
I haven’t decided whether to burn the YT pool yet. For now, I’ll deposit and see how it goes with the subsequent growth of points.
I won’t make large deposits into this protocol.
Each account will only put in about $50, while the larger account will put in $1000. That’s my strategy.
Minimum deposit $50.
Larger account $1000.
I can accept losses.
Suzaku
SUZ Points = $SUZ Airdrop 👀
4.25% of the total supply is reserved for Season 1 participants.
With 2x multipliers, referrals, and community boosts, now's the best time to jump in.
Season 1 ends in a few weeks ⏳
The current price of Avalanche is $18.3590. Over the last 24 hours, Avalanche has increased by +9.21%. It currently has a circulating supply of 422,008,771 AVAX and a maximum supply of 720,000,000 AVAX, giving it a fully diluted market cap of $7.73B. At present, Avalanche holds the 13 position in market cap rankings. The Avalanche/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Avalanche is a Layer 1 decentralized blockchain network built to support complex applications and custom blockchain functions. Avalanche aims to be a leading Ethereum alternative, competing with other popular chains such as Solana and Cardano for the title of "Ethereum Killer."
Thanks to its scalable architecture, the Avalanche network can handle up to 6,500 transactions per second and has comparatively low gas fees. A wide variety of decentralized applications (dApps) are hosted by Avalanche, which resulted in a record-breaking total value locked (TVL) of $12 billion in late 2021. At the same time, the abundance of dApps on the Avalanche blockchain increased demand for the AVAX token and had a favorable impact on the cryptocurrency's price.
Avalanche also employs an Ethereum Virtual Machine (EVM), which makes it much easier and faster for developers to port and deploy Ethereum-based smart contracts and applications to the Avalanche network. With the familiar user experience, new users can be easily and quickly onboarded to the Avalanche chain.
AVAX is Avalanche's native token, required to pay the necessary gas fees when completing transactions on the Avalanche network. In addition, AVAX token holders can vote on protocol governance issues and have a say in the future development of the blockchain.
AVAX price and tokenomics
The maximum token supply of Avalanche is 720 million. On November 21, 2021, AVAX hit an all-time high of $146. This represents a period when new and innovative DeFi platforms chose the Avalanche network to host their applications. On top of that, Avalanche was a standout performer during the 2021 bull run.
In a series of private and public funding rounds, 360 million AVAX tokens were minted and sold to early supporters, raising $55 million. They are distributed as follows: The Avalanche founders and project receive 19.3 percent, investors receive 16 percent, and pre-mined rewards and community airdrops receive 64.7 percent. AVAX tokens will be continuously distributed to holders via staking rewards over the next several decades. Furthermore, the Avalanche supply schedule outlines consistent token unlocks over several years.
About the founders
The Avalanche network was founded by Ava Labs. Emin Gün Sirer, a well-known computer scientist, leads the Ava Labs venture. Gün Sirer is a Cornell University associate professor best known for his contributions to peer-to-peer (P2P) systems and computer networking. He was also a pioneer in Bitcoin scaling solutions. Kevin Sekniqi and Maofan Yin, who have PHDs in computer science, are other senior members of the Ava Labs team.
What makes Avalanche unique
The Avalanche network has a unique framework that sets it apart from competing chains. It is made up of several blockchains, each of which serves a distinct purpose with different responsibilities.
Avalanche Exchange Chain
Avalanche's X-Chain is built using a directed acyclic graph (DAG), exclusively used to send and receive money. By isolating these transactions, the Avalanche network reduces congestion and enables faster, cheaper payments.
Avalanche Platform Chain
Avalanche's P-Chain is used for staking and validation. On the P-Chain, Avalanche users can become validators to receive staking rewards.
Avalanche Contract Chain
Avalanche's C-Chain is the execution layer that is fully smart contract-compatible and can support dApps. The C-Chain is the home of all Avalanche DeFi protocols and NFT functions.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 9K new posts about Avalanche, driven by 5K contributors, and total online engagement reached 4.4M social interactions. The sentiment score for Avalanche currently stands at 78%. Compared to all cryptocurrencies, post volume for Avalanche currently ranks at 1103. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Avalanche.
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Posts
8,953
Contributors
5,025
Interactions
4,383,171
Sentiment
78%
Volume rank
#1103
X
Posts
5,757
Interactions
1,483,174
Sentiment
84%
Avalanche FAQ
What is AVAX?
AVAX is the native token of the Avalanche network. The Avalanche network is a novel Layer 1 network of blockchains that supports the creation of decentralized applications and smart contracts.
What is the current AVAX price today?
The current price of AVAX today is constantly changing and can be checked in real-time on our platform. Visit our price page for the most up-to-date information.
What is the AVAX price prediction?
While it’s challenging to predict the exact future price of AVAX, you can combine various methods like technical analysis, market trends, and historical data to make informed decisions.
How much is 1 Avalanche worth today?
Currently, one Avalanche is worth $18.3590. For answers and insight into Avalanche's price action, you're in the right place. Explore the latest Avalanche charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Avalanche, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Avalanche have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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