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Avalanche (AVAX) Set to Flip Shiba Inu (SHIB) by Market Cap

Ava Labs and Amazon (NASDAQ:AMZN) Web Services (AWS) entered a partnership to scale blockchain adoption across various industries.AVAX price has surged by more than 21% in the...
Avalanche (AVAX) Set to Flip Shiba Inu (SHIB) by Market Cap © Reuters. Avalanche (AVAX) Set to Flip Shiba Inu (SHIB) by Market Cap
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  • Ava Labs and Amazon (NASDAQ:AMZN) Web Services (AWS) entered a partnership to scale blockchain adoption across various industries.
  • AVAX price has surged by more than 21% in the last 24 hours.
  • The daily trading volume and market cap of AVAX recorded significant gains in the past 24 hours.

In a characteristic rally, AVAX, the native cryptocurrency of the Avalanche network, has surged by more than 21% in the last 24 hours. From below $12.5, AVAX now trades at over $15.1 at the time of writing. The skyrocketing value of AVAX is raising inquiries among crypto users. Perhaps, a repeat of the past may be around the corner.

In a similar move in November 2021, AVAX surged upwards and climbed in rank among other cryptocurrencies. In the process, it overtook the likes of DOGE and SHIB to become the 10th-ranked cryptocurrency by market capitalization.

A decline in value saw AVAX fall behind in the pecking order. After shedding much of its value, the crypto dropped in ranking. It is currently the 17th largest crypto by market capitalization. However, the story is still unfolding, especially with the drama of the past 24 hours.

Everything about AVAX in the past 24 hours suggests that the Layer 1 blockchain is in the mood for a significant surge. The transaction volume on the Avalanche netwo ...

The post Avalanche (AVAX) Set to Flip Shiba Inu (SHIB) by Market Cap appeared first on Coin Edition.

See original on CoinEdition

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27-03-2023 11:02:17 (UTC+7)

EUR/USD

1.0770

+0.0011 (+0.10%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

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EUR/USD

1.0770

+0.0011 (+0.10%)

Summary

Buy

Moving Avg:

Buy (8)

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GBP/USD

1.2243

+0.0013 (+0.11%)

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Moving Avg:

Buy (9)

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USD/JPY

130.59

-0.10 (-0.08%)

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Moving Avg:

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AUD/USD

0.6658

+0.0014 (+0.20%)

Summary

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Moving Avg:

Buy (9)

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Indicators:

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USD/CAD

1.3724

-0.0020 (-0.15%)

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EUR/JPY

140.64

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0.9891

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US Small Cap 2000

1,734.92

+14.63 (+0.85%)

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IBEX 35

8,792.50

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45.915

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Bayer AG NA

55.55

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205.15

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Adidas AG

141.12

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Deutsche Lufthansa AG

9.367

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140.58

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8.540

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    EUR/USD 1.0770 Buy  
    GBP/USD 1.2243 Buy  
    USD/JPY 130.59 ↑ Sell  
    AUD/USD 0.6658 ↑ Buy  
    USD/CAD 1.3724 Buy  
    EUR/JPY 140.64 Neutral  
    EUR/CHF 0.9891 ↑ Sell  
    Gold 1,994.00 ↑ Buy  
    Silver 23.235 ↑ Buy  
    Copper 4.0855 ↑ Sell  
    Crude Oil WTI 69.31 ↑ Sell  
    Brent Oil 74.61 ↑ Sell  
    Natural Gas 2.278 Neutral  
    US Coffee C 179.42 Neutral  
    Euro Stoxx 50 4,130.62 ↑ Buy  
    S&P 500 3,970.99 ↑ Buy  
    DAX 14,957.23 ↑ Buy  
    FTSE 100 7,405.45 ↑ Buy  
    Hang Seng 19,835.00 Sell  
    Small Cap 2000 1,734.92 ↑ Sell  
    IBEX 35 8,792.50 ↑ Buy  
    BASF 45.915 ↑ Buy  
    Bayer 55.55 Neutral  
    Allianz 205.15 ↑ Buy  
    Adidas 141.12 ↑ Buy  
    Lufthansa 9.367 ↑ Sell  
    Siemens AG 140.58 ↑ Buy  
    Deutsche Bank AG 8.540 ↑ Sell  
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Cập nhật lúc 10:55:27 27/03/2023
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