Yes, 50$ would be a good price but it also depends very much on market.
Right now, Avalanche is at 60$ and maybe it can get even a higher price when more updates will be published, like subnets for Avalanche or an update for lower fees.
While Bitcoin is very high currently, if Bitcoin drops Avalanche will most likely drop, too.
Right now, Avalanche is at 60$ and maybe it can get even a higher price when more updates will be published, like subnets for Avalanche or an update for lower fees.
While Bitcoin is very high currently, if Bitcoin drops Avalanche will most likely drop, too.
Well, AVAX got past $50 per coin before the year came to an end. It's trading at more than $67 per coin at the time of this writing. This is not to my surprise considering that the "De-Fi" and NFTs hype is still on-going. If this keeps up, we might be able to witness $100 per AVAX. The cryptocurrency has a bright future, considering that it has smart contract capabilities. Being compatible with Ethereum's programming language (Solidity) gives it a huge advantage over some of its competitors.
Ultimately, the crypto market moves with Bitcoin. If the pioneer cryptocurrency (BTC) is on a bullish trend, you can expect altcoins like AVAX and ETH to go sky-high. What matters is not the price per coin but rather its usefulness. I've said this many times already. AVAX is developing quite well, so it looks like it's going to last for quite some time. Who knows how far it'll go by the end of the year? Just my opinion
