📢 27th Post 🚀
#CRYPTOFACIL (02/14/2025)
💡 Strategy with the currency $AVAX
Today, our analysis is about Avalanche ($AVAX), which ranks 13th in market capitalization. An innovative project focused on high scalability and transaction speed; a robust alternative for smart contract applications and DeFi
🔹 Brief History
✅ Launch: 2020, marking its entry as one of the most promising platforms for smart contracts
✅ Listing on Binance: 2020, boosted its visibility and liquidity in the market
✅ Objective and Proposal: Developed by Ava Labs, it offers fast transactions, low cost, and high scalability, competing with Ethereum and Solana
✅ Total Supply: 720 million tokens
✅ Token Use: Used for staking, payment of transaction fees, and network governance
🔹 My Strategy
✔️ Average purchase price: $45.29
✔️ Average selling price: $56.37 (partial sales made during the last surge)
✔️ Most recent peak: reached over $55
✔️ Rebuys below $27.89 and buying.
Although the current price has fallen considerably compared to my average purchase price, which may suggest a loss, especially considering that I bought at high prices, fortunately, the value rose enough, surpassing $55, which allowed me to make partial sales. During the current decline, I initiated rebuys to take advantage of lower levels and reduce my average price. I continue to accumulate, confident that it will recover and eventually surpass its last peak
🔹 MY Analysis and Perspectives
• Long-Term Investment:
Promising asset, innovative technology, and solid team
• Security and Potential
The network demonstrates being secure, robust, and scalable; a competitive option in the landscape
• Short-Term Investment
The market requires caution. While I am optimistic about the recovery potential, it is essential to be prepared for fluctuations
Share your opinion, let's exchange ideas and build knowledge together
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#CRYPTOFACIL