The value of AVAX coin, the native cryptocurrency of the Avalanche blockchain, is subject to constant fluctuations influenced by a myriad of factors.Recently, AVAX has been gaining attention as it demonstrates promising trends, driven by technological advancements and growing adoption within the decentralized finance (DeFi) space. Investors are especially interested in its scalability and low transaction costs compared to competitors. Supply and demand dynamics play a important role in its price evolution,with active trading and investor sentiment dictating immediate market behavior.
Several metrics can help gauge the current standing of AVAX coin, providing insights for potential investors:
- Market Cap: This reflects the total value of all AVAX coins in circulation, serving as a barometer for the coin’s overall health.
- 24-Hour Trading Volume: A high trading volume indicates robust market activity and investor interest.
- Current Price Range: Regularly checking the price against historical data can reveal trends and potential opportunities.
| Metric | value |
|---|---|
| Market Cap | $6 Billion |
| 24-Hour Trading Volume | $300 Million |
| Current Price | $18.50 |