Avax was one of my 4 favorite projects for about a year (together with ETH BTC and MATIC), I haven't kept up the last month but I still think it was very solid. The ecosystem worked well, they had a nice share in the market. If you are talking about the FUD on the weird "crypto leak" site, that looked really poor to me in the sense that it read as mostly as just drama built from very little substantial evidence (note: didn't review all of the background footage but that is my impression from I watched). I've converted it all to Matic/Reddit Avatars since then but that's more my personal predisposition. But (again until a month ago, haven't kept up since I sold my AVAX) I've always really liked what they had going on. Just my 2c as an investor, take that as you will. :edit: only thing I'll say is that I also invested in Fantom for a while but was out after the Cronje business. That stuff reeked and I'd be reaaaally iffy to ever enter that space again.
You can't really diversify too much in bear. Keep half or split it 3. Anyway all are in sale atm and have ton of upside potential. Im thinking to add avax. Edit. Just oppinion nfa
Avalanche will be fine. Top 5 chain for defi by TVL; has over $1B locked in it. Lots of apps. Growing NFT ecosystem that recently got integrated into OpenSea. Bright future ahead of it imo
As a Fantom holder, I'd advise you to keep your AVAX instead. Fantom is in real trouble and frankly, AVAX has much more chances to come out of this bear more or less unharmed. I can't say the same for Fantom. Andre Cronje really screwed the whole community over with his move. And since then, Fantom did little to progress.
Avax is good it has potential. I see hitting $300 to 500 Cad next bull.
Avax had a stormy run at the end of the bullrun. It went to an all time high of 149€. It had a lot going for it. However, like most coins it got severely hurt by this bear market and went down tremendously. Not too long ago there was some fud about avax. And it damaged its reputation quite much. I was actually quite wondering what most believe is a realistic outcome for avax. Will avax reach back and climb accordingly when the next Bull run starts. or did opinions move towards the feeling of avax dieing a slow death? I ask this question because i am torn in between 2 options: keep and stake avax. Exchange avax for another coin (matic, ada, fantom) I would like to hear from you what your opinion is on this matter, since avax sub wont really be diversified in their opinion.
I think the whole market is pumping today but Avalanche's partnership with Amazon was unexpected and I expect it will bring positive changes in adoption.
“At AWS, we are all about bringing the most cutting-edge technologies to builders, no matter if they sit in a multi-million-dollar enterprise, a government office, or a dorm,” Howard Wright, the VP and global head of AWS startups said in a statement. “The new capabilities brought by Avalanche enable us to do just that. We’re thrilled to add an innovator like Ava Labs to our partner network and to support new tooling for Avalanche’s infrastructure and ecosystem, helping to expand its adoption to new geographies and customer segments