Avalanche’s AVAX tanks before $365M token unlock – What went wrong?

Avalanche’s native cryptocurrency, AVAX, has experienced underperformance in the market leading up to a significant event: the unlocking of $365 million worth of tokens. This unlocking event has garnered attention due to its potential impact on AVAX’s price and market dynamics.  Historically, such large unlocking events in the crypto space often coincide with price declines, […] source: https://www.cryptopolitan.com/avalanche-tanks-before-365m-token-unlock/