Avalanche’s social performance dropped by nearly 100% over the last seven days. AVAX’s price also showed a bearish influence.
AVAX’s price dropped by more than 3% in the last 24 hours, and a few indicators looked bearish.witnessed a massive downfall in its social activity last week. This put the chain in a tricky spot. A decline in its popularity might be a result of its bearish price action.
Things got worse upon checking its volume, which increased while its price dropped. A look at its on-chain metrics and daily chart provided a better understanding of what was going on in Avalanche’s ecosystem over the last seven days, causing these plummets.AVAX Daily, a popular Twitter handle that posts about the blockchain’s developments, revealed in a recent tweet about its social performance. As per the tweet, AVAX’s social mentions declined by over 94%.
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