Avalanche is a really good project especially if you are planning to hold it for the long term. Upon mainnet release, I am expecting the price to be at least x1.5 that's just my opinion and not investment advice. I don't trust the IOU AVAX price.
Seems a promising project to follow but don't expect too much returns from this. But 1.5x is already a good profit and it seems very plausible to happen. But as a trader, you need to get the pulse of the market also as well as the actual development of this project. A lot have been comparing this project to more established ones like Cardano. But it is too early to tell their fate in the crypto community as we need to see first what they have got under their sleeves.