The project's coin immediately reacted to the unfortunate event and dropped by 6.6% in addition to a market-related drop that led Solana to $102.While having a blast during the market's correction, Avalanche failed to maintain the same price levels and dropped by 55% since its ATH. Currently, AVAX trades at $65, which is the price level previously observed in October and the beginning of November, when the asset just started its rally to $140.
The rapid drop of the value of the token is most likely tied to the decreasing popularity of alternative chains that were demanded less during the cryptocurrency market correction.The"anti-top" is being closed by Polkadot, which has lost 10% of its value at press time.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite: