Recent unverified reports claim that the trading volume of the AVAX token exceeded $100 billion, while official data shows a significantly lower amount.
Reports of AVAX Trading Volume Surge
Unverified reports on Telegram state that Avalanche's AVAX token trading volume reached $100 billion, which contradicts official data. The latest figures indicate a 24-hour volume of only $139 million.
No Official Confirmations
So far, Avalanche's leaders, including founder Emin Gün Sirer, have not commented on these rumors, highlighting the unverified nature of the reports. Official trading volume is much lower than the claimed milestone.
Market Impact and Conclusion
Despite rumors of a trading volume increase, the cryptocurrency market has shown no significant changes in price or liquidity. Unverified reports contribute nothing to credible market behavior. It's essential to rely on verified information sources, as past market movements for AVAX stemmed from validated growth and protocol launches.
The lack of confirmed data regarding AVAX trading volume maintains market stability, preventing unnecessary speculation and underscores the importance of verifying information before spreading.
