For crypto investors, airdrops have been a source of joy for years. Most recently, an airdrop on the Solana network provided users with thousands of dollars in earnings. Crypto startups frequently use airdrop strategies to keep the community engaged and attract users at an early stage. The crypto community is pleased with this and are making thousands of dollars in profit.
The Pandasia team of the Avalanche ecosystem released its first version and announced an airdrop to help the growth of Subnets by supporting Avalanche validators. Current Avalanche validators who test the Pandasia application and create a list of registered node operators will be entitled to GGP token rights.
It should not be forgotten that only network validators can benefit from this airdrop. Node owners who provide access to the project can directly receive their tokens. Pandasia aims to increase decentralization on Avalanche.
Setting aside the exciting airdrop news of the Avalanche ecosystem, while this airdrop has not yet been assigned a monetary value, BTC continues to hover below $42,000. The Fed’s decision day has arrived, and investors have valid reasons to worry. This is exactly why cryptocurrencies are starting the new week with a volatile trend.
AVAX Coin’s price experienced a good rally at an inopportune time. The wrong time because the volatility in BTC price worried the bulls and it was likely that the rally would pause at a lower peak in the short term. At the time of writing, the price had passed $42.7 but was at $37.4.
For the price increase to continue, it is necessary to maintain the peak of the previous week that existed at the time of writing. If this can be achieved, levels of $52 and $70 could be targeted. This is not impossible for long-term AVAX Coin investors, as SOL Coin managed to recover from a similar process from the $8 region to the $80 threshold.