TL;DR
AVAX soared by double digits following Anthony Scaramucci’s endorsement and Avax One’s ambitious $700M accumulation plan.
Analysts and traders see more upside, with predictions ranging from $50 to over $100.
The Top Performer
The cryptocurrency market continues to struggle after the violent correction observed on September 22, with most leading digital assets maintaining their levels from yesterday or registering mild declines.
However, Avalanche (AVAX) defied the ongoing trend by posting a 15% pump on a 24-hour scale. As of press time, it trades above $35, while its market capitalization jumped to approximately $15 billion. This makes AVAX the 13th-biggest cryptocurrency, surpassing Hyperliquid (HYPE), Chainlink (LINK), and other well-known altcoins.
AVAX Price, Source: CoinGecko
The catalyst for that price rally appears to be Anthony Scaramucci, who has shown support for the blockchain protocol. The former White House official will lead the strategic advisory board of t
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