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Avalanche (AVAX) price drops 45% in a month and data points to further downside

Despite the recent downturn, this decentralized application (DApp) platform remains a top contender in the layer1 and layer2 race and it ranks high in terms of smart contract deposits and active addresses. Yet, the lackluster token price is still causing investors to rethink whether the network remains a “serious” competitor.

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Source: Cryptocurrency - investing.com

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