The founder of Avalanche, Emin Gün Sirer, has made important statements about the altcoin AVAX, stating that it is similar to Bitcoin. He emphasized AVAX's similarity to Bitcoin's limited supply of 21 million and highlighted the value this aspect brings by attracting long-term investors and increasing confidence in its deflationary nature. Sirer also mentioned that AVAX's limited supply and deflation mechanism make it different from Ethereum. These statements have led to speculation about a possible increase in AVAX's price, with experts suggesting that it could reach $64 and $79 in the short term. Presently, AVAX is trading at $38.4.



Other News from Today