AVAX is one of the most prominent altcoins at the moment. We care about $AVAX, the governance token of the Avalanche network.
The ATH level of $AVAX is $147. Its current price reached $23.3 with the recent high. AVAX still has a long way to go, but significant increases are needed to reach a new ATH.
Avalanche executives continued to print $AVAX , and the supply of AVAX has increased by approximately 100% since the day it reached its ATH. A more realistic target for the $AVAX would be between $70 and $80. If it increases 3x from its current point, it will reach its previous ATH values.
When analyzing a cryptocurrency, make sure to pay attention to supply levels and unlocks. Avalanche recently entered into an agreement with FIFA. FIFA will create its own network with support from Avalanche. Let's say AVAX still has a long way to go and its potential is very high. AVAX, among the top altcoins, could rise at any moment.
