What is Avalanche (Avax)

*Avalanche has its native token known as Avax.

*It has a layer one blockchain, it functions as a platform for decentralized applications for customs Blockchain network.

*It has its competitor known as Ethereum known to beat Ethereum in scalability and higher transaction processing speed.

*It has capable of supporting three individual Blockchain- X-chain, C-chain and P-chain.

Founder of Avax

*Turkish-American computer scientist known as Emin Gün Sirer, and cornell university computer science Phd’s kevin sekniqi and maofan “Ted” Yin founded Avalanche (Avax) and launched by Ava labs.

*Avalanche (Avax) coins launched in 2020.

Circulation of Avax

*As per now Avax has a total supply of 436,604,800 AVAX tokens with maximum supply of 715,748,719 AVAX tokens from which $27,293,374,495 are fully diluted market cap.

*There are 377,915,160 AVAX tokens circulating in market and Avax ranked at 11th with $14,411,387,508 market cap.

Where you can buy Avax

*If anybody wants to invest in Avax usdt they can just invest in many exchanges like- Binance , Bybit , Coinbase Exchange, OKX, HTX, Kucoin, Kraken and Upbit.

Technical and Future analysis of Avax

*As I have shown below in my chart of Avaxusdt that it went up in November 2023.

*After going up it has taken the liquidity swap but made a order block at level of 19.80$.

*So if market falls down then you can buy it from it’s order block level of 19.80$ and it will go up from it’s level only.

*So if anybody wants to invest in Avaxusdt then just wait for 1-2 months for taking the best entry and you can earn good profit from your investment.

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