Here’s how Avalanche [AVAX] is responding to a slew of good developmental news
The crisis with Terra’s stablecoin TerraUSD (UST) and the free fall in Terra’s LUNA token has put a deep dent the overall crypto sentiment. Every coin has witnessed some losses following this crash. Avalanche (AVAX) plunged below the critical support at $51 on 9 May signaling the resumption of the downtrend. Down by 11% at press time, Avalanche [AVAX] lost over 30% of its value in a day. But buyers have tried to push the price back above the breakdown level. Here’s...