The Avalanche token has been in a positive form recently, with the AVAX price turning in a good performance over the past week. This latest price boost makes a run to the $40 level more or less inevitable for the altcoin.
However, investors are curious to see how long this rally will last, especially with the unlocking of a substantial amount of AVAX tokens on the horizon.
AVAX Price Overview
As of this writing, the AVAX price is slightly above $39, reflecting a nearly 8% jump in the last 24 hours. This recent increase only underscores how well the cryptocurrency has been performing in recent weeks.
According to data from CoinGecko, the value of the Avalanche token has increased by approximately 10% in the past week. After sinking to a low of $28 in late January, AVAX’s price has recovered quite well in the new month, surging by more than 17% since February started.
With the latest price growth, Avalanche looks set to reclaim $40, a level it occurred between December 2023 and early J
We współpracy z: https://www.newsbtc.com/avalanche/avax-price-closes-in-on-40-with-latest-10-surge/
