AVAX is the native token for the Avalanche network and acts as a reward and payment system for customers. The AVAX token has a current circulating supply of 220,286,577, and a maximum supply capped at 720 million .
Read moreHow much will AVAX be worth?
According to Price Prediction’s AVAX/USD projection, the coin could hit an average price of $91.34 in 2022, $291 in 2025 and up to $2,039 in 2030 . The Avalanche crypto price prediction from Digital Coin expected the token to trade at $86.2 in 2022, $133.4 in 2025 and over $310 in 2030.
Read moreDoes Avalanche have a max supply?
Unlike most other staking platforms which have an unlimited supply and continuously increase their supply at a compounded rate, Avalanche has a fixed capped supply of 720 million , creating scarcity.
Read moreWhat coins are on Avalanche?
AVAX coins are the native tokens for Avalanche. Rather than using a proof of work algorithm to create the coin, as Bitcoin does, Avalanche uses a proof of stake algorithm.
Read moreHow many AVAX coins are there?
The native asset connecting the Avalanche network is the AVAX cryptocurrency. There will only ever be 720 million AVAX coins in circulation, and AVAX can also potentially be used in proposing and voting on future network upgrades.
Read moreWhat token is AVAX?
AVAX is the primary token of the Avalanche network , though developers can issue their own tokens on its custom blockchains. The max supply of AVAX is 720 million tokens, half of which were created with the genesis block.
Read moreWhere do I buy AVAX?
You can buy AVAX on Coinbase . Avalanche is a decentralized platform that can be thought of as the “blockchain for blockchains.” The system operates on its own blockchain but has the capability of aggregating other cryptocurrencies and blockchain protocols onto its network.
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