Avalanche is set to unlock 1.67 AVAX tokens today as part of its quarterly release to stabilize and strengthen the ecosystem.
An analyst has predicted that the asset could hit $130 soon once it successfully imitates a 2023 price move. 
Avalanche (AVAX) is set to embark on a token release today, November 18, with 1.67 million AVAX expected to enter into circulation. According to research, this is a strategic decision to reduce disruption in the market. In addition to that, this would bolster the Avalanche Foundation and renew its commitment to sustain developments.
Currently, Avalanche’s circulating supply stands at 407.35 million AVAX. Meanwhile, this exercise could subject the market to short-term volatility. In addition, the increased liquidity could enhance greater engagement within the Avalanche ecosystem.
In August, CNF reported that Avalanche would be releasing 1.67 million tokens every quarter till 2030. At that time, 9.54 million AVAX tokens were released to strategic partne

Czytaj więcej

We współpracy z: https://www.crypto-news-flash.com/avalanche-avax-set-for-token-unlock-will-prices-hold-steady/?utm_source=rss&utm_medium=rss&utm_campaign=avalanche-avax-set-for-token-unlock-will-prices-hold-steady