$AVAX Avalanche 2022 Price Prediction when considering active $AVAX users… This video has it all. Find the links mentioned in the video at the bottom of this description!
A token like $AVAX will drive its value by real people using it.
Let’s consider $AVAX’s monthly active users (MAU) over the past year.
August 2021 | 90k MAU
May 2022 | 502k MAU halfway through May….
What is the PRICE difference between those months?
August 2021 | $55.35 (highest)
May 2022 | $28.97 (05/18 – time of tweet)
Over 5x the active users, and $ AVAX is half the price… What do we make of this?
Sure – there has been some inflation, but not enough to account for the coin price per user…
August 2021: 0.61
May 2022: 0.05
That ratio was 12x better only 7 months ago… and we’re only halfway through May, meaning that ratio has even HIGHER of a discrepancy. And those… And those users could be all selling $AVAX vs. all buying and a ton of people selling vs a smaller amount only buying will show much different ratios of coin price per user.
BUT thats not the point of this analysis… the POINT is that only 90k MAU supported the price of $55 per $AVAX.
Let’s think about what happens if there is a change in sentiment. If everyone turned bullish then the price of AVAX truly does start to go to the moon.
In sum – there is a TON of potential manpower to push $AVAX up.
BUT – theres a catch: We’re facing the worst crypto-sentiment of all time.
Let’s count the woes on crypto on the horizon…
1. Interest Rates will continue to rise over 2022
2. A war is ongoing
3. Consumers will struggle with inflation
4. And more…
So what’s my prediction for $AVAX?
$AVAX has proven its a top-dog. It’s a top-10 coin with a lot of eyeballs on it – and a TON of people that have used it.
Long Term – $AVAX has a place in the crypto space. That means big long term gains at the current prices.
Short Term – We’ll see a continued drop. This year will be a lot of volatility.
Watch the full video to listen to all considerations!!! Hope that you enjoyed the video.
LINKS MENTIONED IN VIDEO:
DeFi Whale Twitter: https://twitter.com/TheDeFiWhale
AVAX Stats: https://stats.avax.network/dashboard/network-activity/
AVAX Website: https://www.avax.network/
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