#avax

I've entered a small position at the current price, forced liquidation at 18.

Target 1: 35, Target 2: 55

Why am I bullish on Avax? First, compared to other public chain tokens, Avax's market cap is relatively small. Secondly, it has considerable potential in the RWA space. Most importantly, Standard Chartered Bank in Hong Kong is interested. Didn't Hong Kong just pass the Stablecoin Bill? If Avax successfully obtains a license, the next step would be to issue bond tokens in collaboration with Standard Chartered, which would immediately increase liquidity. Another point is that they're partnering with JPMorgan Chase. I'm not sure what JPMorgan Chase is, but I suggest you search Baidu for details.

However, they've unlocked another 43% between 2025 and 2026. If they can't obtain the license quickly and don't have more robust capital to support them, then let alone gains, they might not even be able to hold onto 20.

It's a bit of a left-side bias, a bit of a gamble, but it's okay. Try a small position, and it's fine. What if I get approved within a year (though there's no news yet), where can I buy Avax with a 20-digit opening?

To be frank, I started watching Avax early on in Sol. I won't say how much, but I think breaking 100 should be a possibility. But the market is currently sluggish, the hype isn't high, the sentiment is average, and the ecosystem isn't very well-developed. Sol took off because of its excellent ecosystem, especially the meme aspect. I hope Avax can find its next big opportunity. Currently, the technology faces obstacles, and the ecosystem is struggling.