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Market Analysis of Cryptocurrencies: Perspectives of Avalanche, Ethereum Classic and Benefits of Cold Wallet

Market Analysis of Cryptocurrencies: Perspectives of Avalanche, Ethereum Classic and Benefits of Cold Wallet

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by Giorgi Kostiuk

5 hours ago


This article examines three significant directions in the cryptocurrency world: Avalanche, Ethereum Classic, and the new product Cold Wallet. It assesses the influence of technical indicators and rewards for participants.

Avalanche Outlook: Impact of Token Unlocks

Avalanche is approaching its first token unlock in three months, releasing 1.67 million AVAX into the market, approximately $40 million. This supply addition may limit growth and reduce target levels. Technical indicators remain stable, which may impact price.

Ethereum Classic: Steady Growth Without Noise

Ethereum Classic has broken out of a downtrend, currently priced at $24.28. Near-term goals are set at $25.98, $28.05, and $30.49 depending on trading volume. Future forecasts suggest it could reach $53.40 by year-end.

Cold Wallet: Rewards Over Speculation

Cold Wallet offers real rewards for using its wallet. The referral program allows users to earn USDT on swaps. Since the presale began, Cold Wallet has raised $6.3 million, with over 740 million tokens sold, demonstrating user interest.

While Avalanche and Ethereum Classic rely on technical forecasts and trading volumes, Cold Wallet provides users with immediate rewards for participation, creating long-term value and appeal.

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Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.