AVAX coin
Avalanche (AVAX), with the rise created by the Amazon partnership, has managed to become the fastest rising cryptocurrency in the last 24 hours.
The rise of the crypto money market in recent days has led to positive news starting to fall on the agenda. A big move came from the Avalanche team yesterday, in the days that tasted like a bull market. The Avalanche team managed to become a global agenda by announcing their partnership with Amazon. The popular crypto project became the first blockchain network to partner with Amazon's cloud computing platform. With the effect of this news, AVAX took the title of the fastest rising crypto money in the last 24 hours.
The Fastest Rising Cryptocurrency AVAX Why Is It Rising?
Avalanche (AVAX) has made a move that opens the doors of the next generation digital world. Global trade giant Amazon, in cooperation with Avalanche, managed to activate the quiet market.
The impact of these news created rapid volatility for AVAX, with a 32 percent rise. The news of the adoption of cryptocurrencies at the start of the last bull season came to mind. Cryptocurrency investors believe that a possible bull run could be initiated by AVAX.
The fastest rising cryptocurrency of the day, AVAX, managed to break the resistance levels with the news FOMO. The popular cryptocurrency surged sharply from $12.46 to $16.50.
Another issue that investors wondered was whether the rise would continue. AVAX continues its uptrend as the impact of the news has not passed yet. However, the size of the news was enough to prevent a rapid price drop. In the next process, the movement of Bitcoin and global markets is also important. The inconsistency in the US data and the Bitcoin drop could stand in the way of AVAX's bull run. As a matter of fact, AVAX experienced the déjà vu of the processes experienced in previous bull seasons.
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