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Here’s why Terra’s snowball effect could send Avalanche (AVAX) price to $15

The collateral damage of Terra’s collapse could continue to impact Avalanche price, especially considering that the Luna Foundation Guard holds 1.97 million AVAX tokens.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Here’s why Terra’s snowball effect could send Avalanche (AVAX) price to $15

The collateral damage of Terra’s collapse could continue to impact Avalanche price, especially considering that the Luna Foundation Guard holds 1.97 million AVAX tokens.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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