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Tag: Avalanche Guides

AAVE Price Surges by 27% in 5 Hours Amidst Whales’ $13.2M Accumulation
Cryptocurrency

AAVE Price Surges by 27% in 5 Hours Amidst Whales’ $13.2M Accumulation

In an unexpected turn of events, the price of AAVE, one of the leading cryptocurrencies in the decentralized finance (DeFi) space, experienced a staggering surge of approximately 27% over the past five hours. Market observers quickly noticed the involvement of a mysterious whale identified as "0x5a80," whose significant accumulation of AAVE tokens in a short span of time seemed to be the catalyst behind this meteoric rise. Read Also: Shiba Inu Witnesses Surge in Weekly Burn Rate, Over 708.76 Million SHIB Permanently Eliminated  Mysterious Whale "0x5a80" Causes Market Frenzy as AAVE Hits New Heights The whale's activity commenced with a flurry of transactions across multiple addresses, resulting in the acquisition of an astonishing 182,152 AAVE tokens, equivalent to a substantial $13.2...
An A-Z Guide to the “Ethereum Killer” Called Avalanche
Crypto Guides

An A-Z Guide to the “Ethereum Killer” Called Avalanche

Avalanche is a public blockchain designed to scale throughput at low costs while maintaining speed, security, and decentralization. The Avalanche network uses AVAX as a native coin for paying transaction fees and accessing applications built on the network. When bitcoin was released back in 2009, it introduced the world to blockchain technology as a distributed ledger for recording transactions. Bitcoin opened up a host of other possibilities like borderless payments, machine-to-machine transactions, and the world of decentralized protocols. It also paved the way for the invention of many blockchain projects, including Ethereum, the second-largest cryptocurrency in the world. Read also: A Simple A-Z Guide for Starters On STEPN (GMT)? As the industry evolved, i...