$AVAX Let’s talk about AVAX. It’s been very good these days, mainly because of its fundamentals. It’s so great! !

AVAX is also the leader in this round of rise. It has made 300% profit since the low point. The K-line trend has strong energy, and there is no obvious selling pressure. The trading volume is piled up! AVAX is an open source platform that uses a breakthrough consensus protocol architecture, a smart contract platform that can confirm transactions within one second, supports the entire content of the Ethereum development toolkit, and makes millions of complete block producers possible.

The rise of AVAX is also the result of institutions betting on other public chains besides ETH, and Citigroup has tested the use of blockchain on AVAX to price and execute simulated foreign exchange transactions on the AVAX subnet. This is a qualitative leap. It is an innovation in the cooperation between traditional finance and blockchain. With the endorsement of Citi, the number of currency holding addresses of AVAX has surged in recent days, and the future is still relatively bright. CITI, the pilot project on the AVAX chain, is a financial regulatory agency of Japan. The Services Authority (FSA) announces a blockchain pilot project developed in partnership with the Monetary Authority of Singapore (MAS)!

Judging from the daily trend, although AVAX is holding strong, there is no sign of a retracement at all. Buying is still very strong, and trading volume is constantly increasing. The pressure around US$20 turns into support. If the retracement does not break, the market will It will continue to rise, and the fundamentals of AVAX are very good! ! On November 24th, AVAX will have approximately US$130 million in tokens unlocked, please be aware of the risks! !