Why Avalanche (AVAX) has the potential to be an incredible store of value

Published on: 26.07.2021

Avalanche (AVAX) shared why AVAX has the potential to be an incredible store of value? They are presented with an incredible opportunity to invest in projects at an early stage that have the potential to become the next Apple, Microsoft, Amazon and Google’s of the world.A quick overview of Avalanche can be read the information below:

Token Distribution

The token distribution details can be seen below. 360 Million AVAX were minted at launch, whilst the other 360 Million will be used as Staking rewards released over decades. Of the tokens that were minted, there are various vesting periods from 1 year to 10 years as detailed below.
Staking Rewards (50%)
Seed Sale (2.5%)
Private Sale (3.5%)
Public Sale Option A1 (1.%)
Public Sale Option A2 (8.3%)
Public Sale Option B (0.67%)
Foundation (9.26%)
Community and Development Endowment ( 7%)
Testnet Incentive Program (0.27%)
Strategic Partners (5%)
Airdrop (2.5%)
Team (10%)

About AVAX

AVAX is the main cryptocurrency of the Avalanche ecosystem. Users receive rewards and pay fees using this token

FULL DETAILS:

https://medium.com/avalanche-hub/why-avalanche-avax-has-the-potential-to-be-an-incredible-store-of-value-8ef6e68cbb60

Market Stats:
BTC Dominance: 53.31%(+0.60%/24h)
ETH Dominance: 16.03%(-0.16%/24h)
Defi Market Cap: $87.29B(+6.59%/24h)
Total Market Cap: $2330.34B(+4.72%/24h)
Total Trading Volume 24h: $74.21B(+3.91%/24h)
ETH Market Cap: $373.96B
Defi to ETH Ratio: 23.34%
Defi Dominance: 3.55%
Altcoin Market Cap: $1088.08B
Altcoin Volume 24h: $41.56B
Total Cryptocurrencies: 29536
Active Cryptocurrencies: 9878
Active Market Pairs: 82618
Active Exchanges: 762
Total Exchanges: 8445
BTC: 63084.37$(0.51%/1H)
ETH: 3110.48$(-0.02%/1H)
AVAX: 35.55$(-0.14%/1H)
BNB: 584.64$(0.14%/1H)
MATIC: 0.73$(-0.32%/1H)
FTM: 0.7$(-0.05%/1H)
ADA: 0.47$(-0.03%/1H)
DOT: 7.17$(0.19%/1H)
UNI: 7.53$(-0.39%/1H)
CAKE: 2.68$(-0.1%/1H)
SUSHI: 1.06$(-0.04%/1H)
ONE: 0.02$(-0.56%/1H)