Avax price prediction – Has Avalanche bottomed out or are more drops on the way?
|Crypto traders and analysts have been surprised by the fact that Avalanche has experienced a drastic fall in the past 12 months. Once termed the “Ethereum Killer”, AVAX has become one of the worst-performing altcoins of the year. While it still boasts some of the lowest transaction costs and fastest transaction speeds of any blockchain, it is still struggling to gain traction at the moment. Let's check out what the future holds for AVAX. We shall also explore some new projects and their potential, such as Dash 2 Trade, RobotEra, IMPT.io, and Calvaria.
Avalanche (AVAX) price prediction
Avalanche is a blockchain platform that uses smart contracts to support a variety of blockchain projects. This allows it to provide near-instant transaction finality. AVAX is the native token that is used to pay transaction processing fees, secure the network and act as the basic unit. This lets it process 4500 transactions per second.
Recently Avalanche has been taking steps to diversify away from its traditional domain of DeFi. With an aim of bringing rapid-fire transactions to the global payment ecosystem, Avalanche hopes to bring a radical transformation to finance. It is fully compatible with Ethereum assets, apps, and tools with faster speeds. At the time of writing, AVAX is valued at $13.22. The following is the price prediction for AVAX for the next few years based on certain metrics and fundamentals.
| Year | Expected high | Expected Low |
| 2022 | $39.00 | $20.00 |
| 2023 | $55.00 | $42.00 |
| 2024 | $73.00 | $60.00 |
After observing the price predictions, it is clear that AVAX isn’t seeing the potential increase that was expected. Luckily for investors, there are several other projects which are primed to grow in the following years.
RobotEra – Sandbox-like planetary reconstruction metaverse
RobotEra is a sandbox-like planet-rebuilding metaverse where players have to become a robot, acquire resources from the planet, manage land, create robot companions and participate in the creation of the world. RobotEra consists of a shared multiverse that connects with other words where users are able to open theme parks, concerts, museums, and more. Robots are RobotEra’s main NFTs.
Robots are divided into seven clans, each with a different number of members and different attributes. Each of these robots is an ERC-721 digital asset carrying unique attributes. There are also Robot companions which are ERC-1155 tokens. Players can create these companions using the robot companion workbench inside the RobotEra editor.
The core gameplay feature of RobotEra is land creation where players can create buildings and make other infrastructural investments. Players can also come together and participate in the RobotEra DAO by pledging the TARO native token. The player with the most tokens pledged become managers and have a say in the future development of the ecosystem.
RobotEra also features a unique gamified staking mechanic, allowing players to generate passive income. It also allows brands with their own robots to hold events with the independent continents of Taro. They can market their products, and earn global exposure. At the time of writing, RobotEra has sold 5,104,258 tokens and raised $102,085.
Dash 2 Trade – Crypto analytics and insights platform
Dash 2 Trade has been launched as a bridge between FOMO and cryptocurrencies. It is a crypto insight and analytics platform that lets traders take well-informed trading decisions. The system has a dashboard that keeps track of upcoming presales and other opportunities. Its native token D2T is required for unlocking all the functionalities of the platform. Dash 2 Trade is known for social and on-chain analytic insights.
Dash 2 Trade allows players to devise independent trading strategies on the platform and test them using back-testing features using market conditions. Users can also access advanced technical indicators that cover moving averages, support lines, and correlation of price movements between coins and assets.
D2T is an ERC-20 token that serves a lot of use cases in the ecosystem. While Dash 2 Trade lets anyone explore its dashboard using the free tier. However, more functionalities are unlocked in the starter and premium tiers. D2T can also be used to participate in trading competitions, run back-tests and reward users.
Calvaria – P2E card battling game
Calvaria: Duels of Eternity is a newly launched card game that lets players compete in tournaments. Each of the cards represents a different character with a unique set of abilities. The game is designed in a way that each player can own in-game resources. They can earn these either through investing in the game’s ecosystem or playing.
RIA is the main currency of the game, which forms the basis of the game’s entire economy. Besides RIA, there is eRIA, which rewards players through their playing sessions. eRIA is required to level up cards and purchase in-game resources such as unique cards in the form of NFTs. To sum it up, Calvaria is a competitive strategy game where players have to outwit each other to win. They must assemble the right combination of cards, the order of which they are played, and use strategies.
IMPT.io – Environment-focused NFT project
While the global carbon offset market seems to be an efficient solution to reduce carbon emissions, the current system has been plagued with problems such as barriers to entry. This is where IMPT.io comes into play. It is a blockchain-based platform that helps businesses and individuals offset their carbon footprint in a secure and easy way. IMPT.io tokenizes carbon credits which allow users to receive them in the form of NFTs. IMPT.io also engages thousands of brands that allocate a specific percentage of their sales margin towards special environmental projects.
Conclusion
While AVAX is looking like it’s bottomed out, the above cryptocurrency projects are showing immense potential moving forward. All of them have strong fundamentals and real-world utilities and provide solutions to some of the plaguing problems in the crypto market.
This article is sponsored by FINIXIO
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