Avalanche Price Prediction: Will AVAX reach $100 and JetBolt soar to new heights?
Andre Martin | Last Updated : December 28, 2024Crypto fans and buyers are paying close attention to Avalanche (AVAX) ($36.68) and the rising star JetBolt (JBOLT) as interesting things happen with these two cryptocurrencies. On Christmas Day, Emin Gun Sirer, founder of AVA Labs, showed off an important new feature of Avalanche. This led people who follow the market to think that it might cause AVAX prices to rise soon.
On the other hand, the next-generation altcoin JetBolt and its groundbreaking zero-gas technology are becoming very popular among whales. JetBolt has sold more than 200 million tokens since the presale began. This makes the young cryptocurrency even more interesting and on-trend. Can JetBolt keep going the way it is? And can AVAX finally reach the coveted $100 price? Read on to find out.
Avalanche Price Prediction: Will AVAX Be Able to Break the $100 Mark?
It has been going down for Avalanche (AVAX) for the past month. On the chart that shows prices every two weeks, AVAX’s price dropped sharply by 27.8%. Good things are happening, though, which suggests that AVAX might be able to get better.
In a post on the social media site X on December 25, Sirer stressed an important aspect of Avalanche: the fact that there are only so many tokens available. This post has made people wonder if the limited number of tokens and Avalanche’s unique strategy of burning all transaction fees could cause the price of AVAX to rise over the long run.
Are you guessing that the price of AVAX will go up to $100 while JetBolt stays the same?
Based on data from CoinMarketCap, AVAX’s price drops to $37, making the daily price chart for Avalanche flash red.
Avalanche also provided impressive metrics this week, which made things even more exciting. DefiLlama, a company that collects data on DeFi TVL, says that Avalanche has gained 6,486 new addresses. More wallet addresses could mean that more people are interested in the coin.
Can the price of AVAX go up to $100 because of the growing interest in it?
From the price charts, it doesn’t look like a huge jump to $100 is possible just yet. Even though there have been good developments and impressive measures, the AVAX price has continued to fall and is now trading close to the $36 support level.
For now, it doesn’t look like Avalanche will reach $100 in the near future unless the market changes a lot or more people start using it. AVAX may still make more ground in the months to come, though, since a possible bull run is on the horizon.
Over 200 million JBOLT tokens have been sold on JetBolt.
Avalanche’s $100 price goal is still uncertain because of how its price is moving right now. On the other hand, JetBolt (JBOLT) is in the spotlight because it is popular and on the rise. More than 200 million JetBolt tokens have been bought by eager buyers since the presale began.
But JetBolt’s huge popularity isn’t just due to its presale milestone; the crypto newcomer’s innovative features are also thought to have played a part in its huge success.
JetBolt is a revolutionary way for crypto users to make deals on the blockchain. Thanks to Skale’s groundbreaking zero-gas technology, users can make deals without having to worry about annoying gas fees that add up quickly and take away from their profits.
In addition to users, the zero-gas technology that JetBolt uses could also help devs make new blockchain apps that can also use the zero-gas edge.
JetBolt’s AI-powered crypto aggregation tool also makes it easy and creative to show Web3 material, such as news, top-trending cryptocurrency stories, and new market trends.
JetBolt also changes the crypto-staking process, which used to be hard to understand and scary. JetBolt’s easy-to-use crypto-staking app now has a social feature that lets stakers earn cool rewards by combining staking and engagement.
As the JetBolt presale goes on, more and more people are buying this new token. They want to take advantage of a special chance to get up to 25% more tokens by buying Alpha Boxes or JBOLT tokens in groups.
Are you guessing that the price of AVAX will go up to $100 while JetBolt stays the same?
What You Should Know: Avalanche’s Road to $100 and JetBolt’s Soaring Presale
Avalanche has a hard way to go before it hits $100, even though it has good basics and interesting features. Next-generation altcoin JetBolt, on the other hand, shines with a remarkable presale milestone, appealing next-generation crypto appeal, and cutting-edge features like zero-gas technology.
Latest Posts By Andre
[author_recent_posts]