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HomeCrypto NewsMarketAvalanche Price: What Happens If Its Market Cap Hits Solana’s $85B?

Avalanche Price: What Happens If Its Market Cap Hits Solana’s $85B?

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As Avalanche (AVAX) gains momentum and Solana (SOL) benefits from Bitcoin’s record surge, there are questions about what happens to these coins if their market caps reach higher levels. Let’s explore what this could mean for their prices.

AVAX’s Path to $85 Billion Market Cap

Avalanche (AVAX) is available at $26.56 with a market cap of $10.81 billion. Its transaction volume has jumped over 79.23% in the last 24 hours. With a total supply of 447.08 million AVAX, achieving a market cap of $85 billion would push AVAX’s price to about $190. This rise would mean a 614% boost from its current price.

AVAX Market Volume 29OCT24
AVAX Market Volume 29 OCT 24

The increasing market volume and interest in AVAX hint at its potential. Achieving this level depends on both market trends and how holders react to the current growth.

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SOL’s Rise Amid Bitcoin’s ATH

Bitcoin recently hit a new ATH of $71,098 and a market cap of $1.41 trillion. This move has boosted confidence in the market, which benefits large-cap cryptos like Solana (SOL). Solana is currently priced at $180.87 with a market cap of $85.06 billion.

Solana Market Data 29 OCT 24
Solana Market Data 29 OCT 24

If Bitcoin continues its rally, Solana might push towards new resistance levels. To reach a market cap of $180 billion, SOL would need to hit around $384, which is a 112% rise from its current price. This will depend on Bitcoin’s momentum and the overall market environment since some SOL doubters are still very vocal.

Minotaurus (MTAUR): A Hidden Gem in a Rally?

As Avalanche (AVAX) and Solana (SOL) gear up for new market cap highs, crypto fans are buzzing about big moves ahead. But are there other potential winners that could match or even surpass these? One rising star on the radar of AVAX and SOL supporters is Minotaurus (MTAUR), and it’s worth keeping an eye on as the market heats up!

MTAUR has arrived with a presale price of 0.00005973 USDT, an entry point 70% below its listing rate of 0.00020 USDT. Alongside this attractive early price, Minotaurus is offering special referral and vesting incentives for holders.

On top of that, Minotaurus is hosting a huge 100,000 USDT giveaway, featuring a top prize of 50,000 USDT in MTAUR for one lucky winner. Tokenomics emphasize community growth, reserving 10% of tokens for incentives and only 2% for the team.

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With a smart contract audited by SolidProof and Coinsult, Minotaurus has captured the interest of influencers, crypto fans, and experts alike. Don’t miss your chance to get in early and experience what Minotaurus has to offer!

Conclusion

Both AVAX and Solana have room to grow if the market stays bullish. As AVAX works towards higher market cap levels, and Solana rides on Bitcoin’s strength, these coins are worth watching closely.

Along with these high-upside picks, it’s hard to ignore Minotaurus (MTAUR). The low entry price combined with strong utility and unique perks for holders make it noteworthy, especially with that exciting giveaway on offer. Why wait? Dive in early to benefit as an early bird!

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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