PayPal (PYPL) Last week we touched on a huge crypto […]
The Avalanche is Growing ($AVAX)
November 22, 2021
The Avalanche is Growing ($AVAX)
In September, we first featured the unique cryptocurrency platform, Avalanche ($AVAX), as an outperformer, citing relative strength in its price and underlying Mentions.
Just like a real avalanche surging down a mountain, AVAX has continued to build momentum unabated by its surroundings. The cryptocurrency market at large has faced a considerable pullback over the past week, with leaders Bitcoin ($BTC), Ethereum ($ETH), and Binance Coin ($BNB) all down ~ -10%. Conversely, AVAX has broken into the top 10, gaining nearly +45% while the rest of the market dipped. Investor chatter concerning Avalanche has also achieved a new ATH level, up +219% QoQ on a 90-day moving average.
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