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Crypto aficionados and buyers are closely watching Avalanche AVAX $36.25 24h volatility: 5.9% Market cap: $14.94 B Vol. 24h: $492.82 M and the rising star JetBolt (JBOLT) as exciting developments unfold around these two intriguing cryptocurrencies. On Christmas Day, AVA Labs Founder Emin Gun Sirer unveiled an important new feature of Avalanche, sparking speculations among market watchers about its potential to drive AVAX prices higher in the near future.
On the flip side, next-gen altcoin JetBolt and its revolutionary zero-gas tech feature, are gaining massive whale traction. Since the presale launched, JetBolt has sold over 200 million tokens, further making this young crypto an interesting altcoin now trending. Can JetBolt maintain its current momentum? And can AVAX finally achieve an elusive $100 price? Keep reading to find out.
Avalanche Price Forecast: Can AVAX Break the $100 Barrier?
Avalanche (AVAX) has been witnessing a downtrend over the past month. In the bi-weekly price chart, AVAX suffered from a sharp 27.8% price drop. However, positive developments are on the horizon, hinting at AVAX’s potential recovery.
In a post on social media platform X on December 25, Sirer emphasized an essential feature of Avalanche – its limited token supply. This post has sparked speculation about whether the scarcity of tokens, combined with Avalanche’s unique approach of burning all transaction fees, could potentially catalyze AVAX’s long-term price surge.
Adding to the excitement, Avalanche also delivered impressive metrics this week. According to data from DeFi TVL aggregator DefiLlama, Avalanche has recorded an increase of 6,486 new addresses. Growth in wallet addresses could signify an increasing level of interest in the token.
Can this notable growing interest in AVAX push its price to $100? Based on the price charts, it seems a massive surge to $100 is not within reach yet. Despite the positive developments and remarkable metrics, the AVAX price has continued a downward trend, trading near the $36 support.
For now, hitting $100 in the short term seems unlikely for Avalanche without significant market shifts or wider adoption. However, with a potential bull run looming on the horizon, AVAX may nonetheless gain further traction in the months to come.
JetBolt Radiates with Over 200M JBOLT Tokens Sold
While Avalanche’s $100 price target remains uncertain due to its current price performance, JetBolt (JBOLT) stands in the crypto limelight because of its trending and growing appeal. Since its presale commenced, more than 200 million JetBolt tokens have been snapped up by eager buyers.
But JetBolt’s momentum is not solely driven by its presale milestone, the crypto newcomer’s groundbreaking features are also seen as factors that could have contributed to the massive traction.
At its core, JetBolt offers crypto users a game-changing way to make blockchain transactions. Thanks to revolutionary zero-gas technology by Skale, users can carry out transactions seamlessly without the burden of annoying gas fees, which typically add up quickly and eat into their profits.
Aside from users, the zero-gas tech JetBolt utilizes could also enable developers to build innovative blockchain applications that may also benefit from the zero-gas edge.
Additionally, JetBolt’s AI-powered crypto aggregation tool provides a convenient and innovative way to display Web3 content, from news to top-trending cryptocurrency stories and emerging market trends.
Moreover, JetBolt revolutionizes the usually complex and intimidating crypto-staking process. Integrating a social feature on its intuitive crypto-staking platform, JetBolt allows stakers to earn exciting rewards by combining staking and engagement.
With the JetBolt presale in full swing, an increasing number of buyers are flocking to this young token, eager to seize an exclusive opportunity to get up to 25% extra tokens by purchasing Alpha Boxes or acquiring JBOLT tokens in batches.
Key Takeaways: Avalanche’s Road to $100 and JetBolt’s Soaring Presale
Despite having good fundamentals and interesting features, Avalanche faces a challenging road to $100. Meanwhile, next-gen altcoin JetBolt radiates with its compelling blend of a remarkable presale milestone, attractive next-gen crypto appeal, and cutting-edge features like zero-gas technology.
Learn more about JetBolt’s features and ongoing presale by checking out the official JetBolt website today.