Avalanche Price Prediction: Can AVAX recover the crash?

With a robust algorithm and fast transaction speed, Avalanche has relatively quickly made its way into the top 20 crypto list in terms of market cap.

However, just like the majority of altcoins on the market, Avalanche was severely affected by this year's bear market and is even now struggling to maintain the $20 mark.

The last seven days have been full of downs, with Avalanche going through a 6.3% drop in value.

But what does the future hold for this crypto asset?

While the cutting-edge features are certainly a big plus, investors still aren't sure that Avalanche will reach its ATH of $140 again anytime soon.

What's more, it might even be outperformed by some of the trending meme coins like Tamadoge.

Let's check out the details.

Buy Tamadoge Now

Before we get into the actual analysis, here's a table that summarizes our Avalanche price prediction for 2022-2025.

From what we've seen so far, Avalanche is one of the currencies that respond best to new trends and changes, which is why it's been able to move in the same direction as other altcoins on the market throughout the last year.

With both community support and mooning potential, AVAX can certainly stand its ground when times get tough and bounce back to its feet.

At the time of writing, AVAX is priced at $18.88 with a market cap of over $5.5 billion.

If the next two months don't come with any sudden jolts, Avalanche should comfortably be able to maintain an average value of around $24.

In the best-case scenario, if the bear market slows down and more investors start supporting the project, Avalanche could even hit the $45 target towards the end of December.

However, the crypto winter isn't exactly slowing down, which is why the most likely outcome for 2022 is the price of $28 per AVAX.

As for 2023, things could get much better. Avalanche already has a fast and reliable blockchain network and robust features in its arsenal.

Considering that the majority of analysts predict that the bear market will be greatly reduced in 2023, we might even be looking at a price of $53 per AVAX token by the end of 2023.

If this prediction turns out true, then 2024 will be even better and Avalanche could be trading at an average of $74 per token.

Notably, Avalanche is very active when it comes to community initiatives and it's already leaving huge footprints in the industry.

If the project keeps up the bullish momentum, attracts more investors, and introduces new features, 2025 might be the year it crosses the $100 target once again.

Buy Tamadoge Now

Avalanche is within the top 20 crypto assets in terms of market cap, which alone makes it one of the most valuable currencies on the market.

But even so, analysts don't think that it will bring huge returns any time soon.

On the other hand, Tamadoge is one of the hottest cryptos currently on the market and has the potential to explode over the next few months.

Tamadoge is a meme crypto that incorporates P2E, NFT, and Metaverse technology, while also offering something rarely seen in the meme coin universe - real-world utility.

Unlike other meme coins that are trying to replicate the success of Dogecoin and Shiba Inu with nothing but a cute dog picture, Tamadoge is actually trying to dethrone them.

This crypto platform has its own Metaverse (the Tamaverse) where players can communicate, mint NFTs, stake tokens, and participate in battles with Tama pets.

The overall gameplay is very similar to the popular 90s game Tamagochi - players breed pets, take care of them, and train them for fights in the battle arena.

Additionally, each Tama pet is in form of a unique NFT that can be both traded and upgraded.

Tamadoge's native token is TAMA and it's also used as the primary currency for all transactions, rewards, and other activities taking place within the platform.

When making TAMA transactions, traders aren't imposed with any tax fees, which is a rare occurrence in the meme coin market.

Another huge benefit is that Tamadoge is already KYC-verified by CoinSniper and smart contract audited by Solid Proof, meaning that there's no rug pull" danger that investors have to worry about.

Buy Tamadoge Now

Here is the exact guide you can follow for your first TAMA token purchase.

To begin, make sure you have a MetaMask wallet installed on your browser, or use one of the wallets supported by Wallet Connect (we recommend Trust Wallet).

Purchasing on a desktop browser will give you a smoother purchasing experience. For this we recommend MetaMask.

If you are purchasing on mobile, we recommend using Trust Wallet and connecting through the in-built browser (just copy https://buy.tamadoge.io into the Trust Wallet Browser).

Once you have your preferred wallet provider ready, click Connect Wallet" and select the appropriate option. For mobile wallet apps you will need to select Wallet Connect".

You will then have three options: Buy ETH With Card. This option will allow you to purchase ETH that will be sent to your wallet by our partner, Transak.

You will then be able to use this ETH to purchase TAMA. Click Buy Eth With Card" to begin and follow the on screen steps. We recommend purchasing a minimum of $15 worth of ETH to cover the minimum TAMA purchase. Buy TAMA With ETH.

Once you have sufficient ETH in your wallet (if you do not have ETH or USDT, please select option 1 to purchase ETH first), you can now swap your ETH for TAMA. Type in the amount of TAMA you wish to purchase (1,000 minimum) and then click Convert Eth".

Your wallet provider will ask you to confirm the transaction and will also show you the cost of gas. Buy TAMA with USDT. Please ensure you have at least $15 of USDT in your wallet before commencing the transaction.

Type in the amount of TAMA you wish to purchase (1,000 minimum). Click Convert USDT". You will then be asked to approve the purchase TWICE. The first approval is for the USDT contract and the second is for the transaction amount. Please ensure you go through both approval steps in order to complete the transaction.

Once the presale has concluded, you will be able to claim your TAMA tokens. We will release details closer to the time, however you will need to visit the main site https://tamadoge.io and click on the gold Claim" button.

Tamadoge Contract

Use the contract information below to add the TAMA token to your wallet.

Address: 0x12b6893cE26Ea6341919FE289212ef77e51688c8

Decimals: 18

Token symbol: TAMA

Buy Tamadoge Now

When it comes to features, community backing, and profit potential, we can't really say that Avalanche lacks in any of these departments.

However, many analysts believe that it has already reached its potential and that the project growth from now on won't be as rapid as when the token first came out.

On the other hand, Tamadoge just recently ended its beta sale with $11 million raised in a record time frame and the presale that was concluded on September 1st was also incredibly successful.

Even with the bear market still very much in place, Tamadoge has been reaching milestones week after week.

Before Tamadoge even went viral, almost every trader in the community had already heard about this interesting project and the potential it holds.

Currently, Tamadoge is much more likely to bring huge returns to investors, with some analysts even forecasting 100x returns by the end of the year.

Buy Tamadoge Now

Avalanche is one of the most popular tokens in the industry and there's no doubt that this project will keep on evolving in the foreseeable future.

However, analysts simply aren't convinced that AVAX will bring any huge returns in the following period.

Instead, if you're looking to multiply the zeroes in your bank account, Tamadoge stands as a much better alternative.

The post Avalanche Price Prediction: Can AVAX recover the crash? appeared first on The Tech Report.