Avalanche AVAX has continued its latest surge, surpassing Shiba Inu (SHIB) to enter the highest ten cryptocurrencies in phrases of market cap. The asset has traded above $50 all through Tuesday and is about at $55.46, up 12% immediately. Furthermore, AVAX is up 45.38% in the final seven days.
With Avalanche’s native token surpassing Shiba Inu in market cap, AVAX could look to deal with Dogecoin (DOGE) subsequent. AVAX has been one of many best-performing cryptocurrencies all through March, competing with the surging altcoin market. Now, it sits lower than $3 billion in market cap behind the main dog-themed meme-coin. However, the statistic swinging in AVAX’s favor is a surge in buying and selling quantity.
In the final 24 hours, Avalanche’s buying and selling quantity has outperformed SHIB, DOGE, and plenty of different altcoins. The asset additionally outperformed value predictions over the weekend and doesn’t look to be slowing down. At press time, AVAX has a market cap of $20,895,954,337 that’s repeatedly climbing.
With this momentum, AVAX could quickly surge previous $60, maybe throughout the subsequent week. The earlier resistance stage for the asset lasted practically 600 days. Bulls now predict the Avalanche Network’s namesake cryptocurrency can attain as excessive as $90. With Bitcoin pumping your entire crypto market, this prediction doesn’t appear unbelievable.
Over the approaching days, will probably be attention-grabbing to see if AVAX can surpass $60 and the way quickly that will occur. This occasion would paint an image of simply how properly the asset can proceed to surge through the subsequent few weeks.
