Avalanche ecosystem, which joined the SocialFi trend with the StarsArena project, AVAXHe literally resurrected .
It has been in a sharper downward trend for months compared to other altcoins. AVAX , had recently dropped a needle to $8.60. The major coin, which reached its price in January 2021, created serious concern and fear not only in terms of cryptocurrency but also for its ecosystem.
But it started recently SocialFitrend, AVAX It became the cure for . As SocialFi projects gained popularity, the Avalanche ecosystem turned directly to this field. AVAXAs a driving force in the price, it brought a 20 percent increase in a short time.
StarsArena craze has turned the tide for AVAX!
StarsArena, which included many famous names, especially from the crypto industry, shook the SocialFi craze. The platform reached 1,000,000 TVL in a very short time, popular names of SocialFis FriendTechAnd PostTech It almost made me forget. The fact that AVAX was used for transactions on the platform directly benefited the token price. AVAX, which has been silent for months, exploded with the driving force of StarsArena.
The popular coin, which started its upward movement from $ 8.60, has been experiencing voluminous price movements, especially in the last few days. These figures increased in the last 24 hours, showing a performance of 13.16 percent. If the StarsArena frenzy continues or BTC moves towards $30,000, the levels AVAX can target are $10.83 – 12.24 – 13.83 and $15.96 respectively.
