The overall crypto market capitalization valuation has increased by over 6% on August 22. While a $5,000 mark is not far off, some are even positive about Ethereum price touching $10,000 by the end of the year.
At the same time, a new RWA coin is making headlines with its viral presale. The coin in question is Avalon X (AVLX), which is impressing investors and analysts with its real estate utility. Is it worth the hype, and can it be the next 100x contender?
Ethereum continues to be a strong contender in the world of digital finance. With its smart contract supremacy, growing DeFi ecosystem, and Layer-2 adoption accelerating, analysts and sentiment are making bold predictions.
Some even hint at a possibility of an ETH surge to $10,000 before 2025 ends. This might sound like a claim too big. However, this target is achievable under the right conditions. The script for ETH's next run is pretty simple: resolve technical blockchain issues and innovate for a larger DeFi adoption.
But, for this to happen, Ethereum investors will have to hope that a lot of internal and external factors go their way.
Recent commentary from a market strategist speaks volumes. They see Ethereum as one of the biggest long-term macro trades, with institutional interest rising and regulatory clarity forming. So, a $10k claim for ETH sounds plausible.
Avalon X (AVLX) is a real-world asset project. Its presale has gone viral because it mixes potential with solid fundamentals. The project pairs a 2 billion fixed token supply and audit claims with vivid lifestyle imagery.
Avalon X has introduced a platform that aims to make real estate accessible to users through blockchain technology. The project is backed by Grupo Avalon, a $1 billion project pipeline real estate developer with its flagship Sky View project in the Dominican Republic.
Right now, the team is focused on creating a loyal community for the project that can help achieve its long-term goals. This is why they are running two big giveaways. $1 million token prize pool with 10 winners getting $100,000 each and a luxury Eco Valley Townhouse.
These prizes can be won by anyone who fulfills participation criteria - minimum $100 for tokens, $250 for townhouse. Also, there is a referral structure that can increase the chances of your winning.
Avalon X possesses everything that it takes to be a success in the crypto world. It has a 2 billion fixed token supply and an effective burn mechanism. It has real utility to offer and does not depend on hype. It's audited by CertiK, a big name in the industry.
Lastly, it is targeting the real estate industry. This can be game-changing as the project uses blockchain technology very effectively and also benefits from the stability and credibility of real estate.
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Website: https://avalonx.io
$1M Giveaway: https://avalonx.io/giveaway
Telegram: https://t.me/avlxofficial
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