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Avalanche: Revenue spikes, but AVAX investors must be cautious as…
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Avalanche [AVAX] witnessed a major decline in key metrics last week, which was concerning for the network’s overall health.
AVAX Daily, a popular Twitter account that posts updates related to the Avalanche ecosystem, pointed out in its latest weekly report that AVAX’s daily active addresses declined by over 22%.
Not only did active addresses decline, but AVAX’s market capitalization also followed the same trend, thanks to the dominant bearish market sentiment of the last week.
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