Avalanche (AVAX) Price Underperforms Ahead of $365M Supply Event

AVAX dipped more than 3% over the past week, while most cryptocurrencies – 148 of the 173 constituents of the broad-market CoinDesk Market Index (CMI) – gained in price. The CoinDesk20 Index (CD20), which tracks the performance of the largest and most liquid crypto assets, advanced 6% during the same period. At press time, AVAX changed hands at $38, some 23% lower than its December high.

Source: https://www.coindesk.com/markets/2024/02/20/avalanches-avax-underperforms-ahead-of-365m-token-unlock/?utm_medium=referral&utm_source=rss&utm_campaign=headlines