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About XAVA

Avalaunch is a launchpad powered by the Avalanche platform, allowing new and innovative projects to seamlessly prepare for launch with an emphasis on fair and broad distribution. With its values deeply rooted in the early Avalanche community, we are able to offer projects confident, informed users who are aligned with the long-term goals of the rapidly expanding application ecosystem.Leveraging Avalanche’s scalable, high-throughput, and low-latency platform, Avalaunch is built by users, for teams, to help grow strong communities.

Avalaunch (XAVA) is a cryptocurrency launched in 2021. XAVA has a current supply of 100.00M with 0 in circulation. The last known price of XAVA is 0.517099071505 USD and is 0.04095227388 over the last 24 hours. It is currently trading on active market(s) with $443,539.00 traded over the last 24 hours. More information can be found at https://avalaunch.app.

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XAVA Price Statistics
XAVA’s Price Today
24h Price Change
+$0.040952273888.60%
24h Volume
$443,539.0043.84%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#9344
XAVA Market Cap
Market Cap
$0
Fully Diluted Market Cap
$51.71M
XAVA Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
XAVA Supply
Circulating Supply
0
Total Supply
100.00M
Max Supply
100.00M
Updated Jul 16, 2024 10:18 am
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XAVA
Avalaunch
$0.517099071505
$0.04095227388(+8.60%)
Mkt Cap $0
There's nothing here for now
Hong Kong Treasury Department: Stablecoin issuers must have full reserves
Hong Kong Treasury Department: Stablecoin issuers must have full reserves
The Hong Kong Treasury Department said that in view of the important role of fiat stablecoins in the Web3 and virtual asset ecosystem, and the increasingly close connection between the traditional financial system and the virtual asset market, the SAR government needs to establish a regulatory system for fiat stablecoin issuers to regulate in a risk-based and pragmatic manner. The three main requirements include reserve management and stability mechanisms (for example, requiring issuers to ensure that fiat stablecoins are fully backed by high-quality and highly liquid reserve assets), redemption requirements, and regulatory requirements such as governance, knowledge and experience. In addition, the Hong Kong Treasury Department recommends that only licensed fiat stablecoin issuers, banks, licensed corporations, and licensed virtual asset trading platforms can sell fiat stablecoins in Hong Kong or actively promote related services to the public in Hong Kong. For existing stablecoin issuers, the proposed regulatory system will also have corresponding transitional arrangements. In addition, the Treasury Department hopes that an appropriate and internationally recommended regulatory system for fiat stablecoin issuers can provide users with sufficient protection to deal with potential risks to monetary and financial stability, so that Hong Kong's virtual asset ecosystem can develop sustainably and responsibly.
Jul 16, 2024 10:06 am

Frequently Asked Questions

  • What is the all-time high price of Avalaunch (XAVA)?

    The all-time high of XAVA was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Avalaunch (XAVA) is 0. The current price of XAVA is down 0% from its all-time high.

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  • How much Avalaunch (XAVA) is there in circulation?

    As of , there is currently 0 XAVA in circulation. XAVA has a maximum supply of 100.00M.

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  • What is the market cap of Avalaunch (XAVA)?

    The current market cap of XAVA is 0. It is calculated by multiplying the current supply of XAVA by its real-time market price of 0.517099071505.

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  • What is the all-time low price of Avalaunch (XAVA)?

    The all-time low of XAVA was 0 , from which the coin is now up 0%. The all-time low price of Avalaunch (XAVA) is 0. The current price of XAVA is up 0% from its all-time low.

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  • Is Avalaunch (XAVA) a good investment?

    Avalaunch (XAVA) has a market capitalization of $0 and is ranked #9344 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Avalaunch (XAVA) price trends and patterns to find the best time to purchase XAVA.

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