🔥 $AVAX Under Pressure 💀🚨
Avalanche Treasury ($AVAT) had a brutal Nasdaq debut, falling 38% on its first trading day.
📉 Meanwhile, $AVAX remains deep below its 2021 highs, with sentiment still extremely weak.
💰 Despite the sell-off, the company says it plans to acquire over 1$ billion worth of AVAX, betting heavily on the network’s long-term future.
$VELVET
👀 The big question:
Is this peak pessimism before a recovery, or a warning that more downside is ahead for $AVAX ? 🚀📊🔥
Avalanche Treasury ($AVAT) had a brutal Nasdaq debut, falling 38% on its first trading day.
📉 Meanwhile, $AVAX remains deep below its 2021 highs, with sentiment still extremely weak.
💰 Despite the sell-off, the company says it plans to acquire over 1$ billion worth of AVAX, betting heavily on the network’s long-term future.
$VELVET
👀 The big question:
Is this peak pessimism before a recovery, or a warning that more downside is ahead for $AVAX ? 🚀📊🔥