ilmscore | Prediction Details
"the fact that avax is not required to pay for transaction fees on subnets and subnets don't need to spin up more than a few validators in order to function in theory the avac demand could come from subnet adoption but in practice this is going to take a long time and will be offset by new avac supply"
By Coin Bureau | February 15, 2024 | Pending
From video
Avalanche: Where’s AVAX Headed? Updates & Price Predictions! 00:22:16 - 00:22:48
Interpreted Prediction
The lack of transaction fees for AVAX on subnets and the minimal validator requirements for subnets pose a challenge for organic AVAX demand, which may take a long time to materialize and could be offset by new AVAX supply.

Prediction Details

Ticker
AVAX
Initial Price
41.59 USD

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