"In secret, it seems that AVAX has a burning spirit to be in the top position."
Unexpectedly, cryptocurrency Avalanche (AVAX) which slowly broke $59 has overtaken Shiba Inu (SHIB) to enter the top 10 digital assets in terms of market capitalization without any resistance.
So here it can be seen that AVAX which is one of the best performing cryptos throughout March 2024 will probably try its best to deal with Dogecoin (DOGE) which is currently in the top 9 position.
AVAX is currently less than $3 billion in market cap behind the dog-themed memecoin, but the statistical shift in AVAX's favor is a bump in trading volume.
In addition to beating the price forecast over the weekend that did not show any decline, AVAX's trading volume in the past 24 hours also managed to beat the performance of SHIB, DOGE and many other altcoins.
As such, AVAX may cross $60 in the coming week and its price has the potential to jump higher up to $90 following BTC breaking through $73,000 which has pushed the rest of the crypto market bullish.
In the coming days, investors will be interested to see if AVAX can break $60 and how long it might take as it could illustrate how powerful the digital asset could continue to explode in the coming weeks.
As of this writing, the price of AVAX jumped by 3.32% at $55.74 in the last 24 hours with a market capitalization of over $21 billion and recorded a 31.51% increase in the last seven days.
