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Avalanche: Could AVAX Be Ready to EXPLODE?? πŸ”




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πŸ“ΊEssential VideosπŸ“Ί

How Avalanche Works πŸ‘‰ https://youtu.be/c0Ov4fKosCE
Last Avalanche Update πŸ‘‰ https://youtu.be/B9sUse76J5M
Avalanche Metamask Wallet Tutorial πŸ‘‰ https://youtu.be/KOgux1_2dFY
Ripple vs. SEC Lawsuit Explained πŸ‘‰ https://youtu.be/Bmf2IILzEug
Blockchain Domains Potential πŸ‘‰ https://youtu.be/TO3yqHQyc8E
Cryptocurrency Governance πŸ‘‰ https://youtu.be/MFEXFvCFywc
Unsolved Cryptocurrency Mysteries πŸ‘‰ https://youtu.be/tz4gxgCJ7og

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– TIMESTAMPS –
0:00 Intro
1:52 Avalanche Recap
5:06 Avalanche Updates
7:48 AVAX Price Analysis
11:00 Avalanche Roadmap
13:56 Avalanche Origin Story
16:16 Conclusion

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► Avalanche Explorer: https://ift.tt/MPlR9WF
► Avalanche dApps and TVL: https://ift.tt/M0oCpTQ
► Avalanche Rush: https://ift.tt/Z5XaVE8
► Avalanche Roadmap: https://ift.tt/kNfoISG
► Avalanche Initial Litigation Offerings (ILO): https://ift.tt/IuK6zJl
► Avalanche Team Rocket Conspiracy: https://ift.tt/vo1ga7j

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πŸ‘¨‍🏫Avalanche RecapπŸ‘¨‍🏫

Avalanche was built by Ava Labs, a software development company based in New York which Emin founded in 2018

The Avalanche main net went live in September 2020 after a series of funding rounds which collectively raised over 60 million dollars.
Avalanche gets its name from a novel proof of stake cryptocurrency consensus protocol that was pitched in 2018 by an anonymous group of individuals who call themselves “Team Rocket”

πŸ“°Avalanche Updates And Growth MetricsπŸ“°

In August, Avalanche announced Avalanche Rush, a 180-million-dollar incentive program to pull popular DeFi protocols into Avalanche’s ecosystem

The first two big DeFi projects to announce their deployment to Avalanche were Aave and Curve Finance, and in just the last couple of weeks we’ve seen a slow of other DeFi protocols follow suit

Even though most of these DeFi protocols have yet to deploy on Avalanche, the total value locked in Avalanche’s DeFi ecosystem is pushing the 3-billion-dollar mark

πŸ“ˆAVAX Price AnalysisπŸ“ˆ

Avalanche’s updates and developments have had a predictable effect on the price of AVAX, which recently almost reclaimed its all-time high of roughly 59 dollars

There are a few reasons why it didn’t, and one of these is AVAX’s aggressive vesting schedule. Another is the possibility that AVAX is considered a security

Network activity is all I can see for Avalanche on the horizon as more dApps and DeFi protocols make their debuts

When it comes to how high AVAX could go, I think 100 dollars is a realistic expectation for an end of year target

πŸ“…Avalanche RoadmapπŸ“…

Avalanche has not yet managed to meet a major milestone, and that’s the introduction of a new and improved Avalanche wallet, complete with a mobile app and browser extension

Avalanche still has a month left to introduce these new wallet features, and hopefully we will see them by the end of the September deadline on their roadmap

Towards the end of the year Avalanche looking to add a flurry of additional features relating to its existing infrastructure, primarily it’s subnets

If Avalanche can implement efficient subnet interoperability, it would go a long way in facilitating both individual and institutional adoption

πŸ•΅️‍♂️Avalanche Team Rocket MysteryπŸ•΅️‍♂️

The day after Emin acknowledged the Team Rocket paper, Team Rocket created their own twitter account whose handle is written in leet speak. I’ll let you look up what that means on your own time

As it so happens, Emin’s Twitter handle is also written in leet speak. Emin also worked with Team Rocket to revise their paper which was posted to Cornell University’s web archive website in June 2019

This means Emin probably knows who Team Rocket is, and some have gone as far as arguing that Emin himself might be a part of Team Rocket.

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πŸ“œ Disclaimer πŸ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Avalanche #AVAX #crypto #altcoin #smartcontract #Defi

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