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AVAX Faces Decline, POL Aims for Growth: Market Situation Analysis

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by Giorgi Kostiuk

9 hours ago


Currently, the cryptocurrency market is showing contradictory trends: AVAX is facing a price drop, while POL is building momentum, and investor attention shifts towards the new project Unstaked.

AVAX Loses Value Amid Shrinking Whale Activity

AVAX surprised many with a sharp drop of almost 13% in a single day, falling from $21 to around $18.57. This drop occurred between June 12-13 amid a significant reduction in whale activity as large transactions between $1M and $10.1M shrank by over 90%. Now, hovering near $19, AVAX struggles to break the $20 mark.

POL Aiming for New Targets After Breakout

Polygon (POL) has bounced back from its $0.197 low and is targeting the $0.225 to $0.248 range. This growth is supported by a wedge breakout and a bullish MACD. Maintaining the $0.202 level is crucial, and if held, it may pave the way for further gains.

New Project Unstaked and Its Potential

The Unstaked project, currently in Stage 22 with a token price of $0.01209, is gaining traction. It offers a customizable no-code AI system that can integrate across platforms like Telegram and Discord. Unstaked's universal tools aim to create a cost-effective and transparent product, with growth potential of up to 2700%.

Amid AVAX's decline and POL's rise, investor attention turns to Unstaked, a project that appears to offer unique solutions in AI and blockchain technology.

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