Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»AVAX, GMX holders see gains, but there’s more to the story
ALTCOIN NEWS

AVAX, GMX holders see gains, but there’s more to the story

By Crypto FlexsDecember 3, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
AVAX, GMX holders see gains, but there’s more to the story
Share
Facebook Twitter LinkedIn Pinterest Email
  • AVAX and GMX have more than 60% and 40% of holders with profits, respectively.
  • AVAX has increased its value by more than 100% in the past two months.

AVAX and GMX tokens within the Avalanche ecosystem were seeing positive price trends at press time, but there was a stark contrast in the number of holders experiencing gains.

AVAX is more profitable than GMX

Depending on the IntoTheBlock According to data, at press time, over 66% of AVAX token holders were earning within the Avalanche ecosystem.

AMBCrypto also discovered that AVAX’s circulating supply was over 365 million at press time, with a total supply of over 433 million, according to CoinMarketCap.

66% $AVAX Holders receive the highest returns among the top tokens in the Avalanche ecosystem. $GMX and trillion Additionally, many of the holders are still in the red, but are showing good profit margins. pic.twitter.com/1kflaii0sZ

— IntoTheBlock (@intotheblock) December 2, 2023

In the case of GMX, it ranked second with the largest number of profit holders at approximately 42% at the time of reporting.

At the time of writing, the circulating supply of GMX was approximately 9.2 million, with a total supply of approximately 9.7 million. General price trends have influenced the observed profitability of these tokens.

Avalanche and GMX show various upward trends.

AMBCrypto found that IntoTheBlock’s statistics were consistent with the results expected when analyzing price trends on daily time frames. A survey of AVAX showed a steady increase since mid-October.

The chart shows it rising from around $9 to $22, the range at press time. This price range tool has seen an incredible surge of over 100% from October 13th to the time of writing.

Source: TradingView

At the time of writing this report, AVAX was trading at around $22.1, down slightly by less than 1%. Notably, AVAX maintained an upward trajectory over the past five days before its current downward trend.

GMX has also seen a positive trend in recent weeks. However, the upward movement has been less pronounced compared to AVAX. At the time of this writing, GMX was trading with a loss of over 1% and was priced at around $51.7.

GMX price trend

Source: TradingView

The Avalanche sees growth with some GMX contributions.

Recently, the Avalanche’s Total Value Locked (TVL) has experienced a slight upward trend. This upward trend is due to the rise in value of AVAX and the contributions of various chains within the network.

A survey of these chains revealed a notable increase in TVL over the past few weeks.


Read Avalanche (AVAX) Price Prediction for 2023-24


Benqi has emerged as the leading chain, with an impressive increase of over 65% in the past month. Similarly, Trader Joe’s also saw a significant increase of close to 40%.

According to the latest data, GMX took the fourth largest contributor position despite TVL growing at less than 1% last month.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Market Rebound, L2 Surge and ZEC Shock: Daily Insights

October 16, 2025

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025
Add A Comment

Comments are closed.

Recent Posts

Bybit Card Honored As “the Best Performing Crypto Card” By Mastercard At EDGE 2025

October 20, 2025

Jupiter Launches Ultra V3 – The Ultimate Trading Engine For Solana

October 20, 2025

Jiuzi Holdings, Inc Enters Strategic Partnership With BitFi To Advance Bitcoin-Centric Finance

October 20, 2025

DOGE And SOL Join Forces To Mine $5,997 Per Day, Making It Easy To Seize Bitcoin Wealth Together

October 20, 2025

US Bitcoin ETF loses $1.2 billion weekly

October 20, 2025

DAOs are redefining corporations, but the law is not yet ready.

October 20, 2025

BitDCA Staking Agreement Audit Summary

October 19, 2025

ETFs and liquidity drive outlook for 2026

October 19, 2025

5 Best Crypto Flash Crash And Buy The Dip Crypto Bots (2025)

October 18, 2025

Billionaire Tim Draper Leads $3.2M Seed Round For Ryder To Replace Seed Phrases With TapSafe Recovery

October 18, 2025

IRANcoin Global Reserve (IRCOIN) launches to reshape global digital payments

October 18, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bybit Card Honored As “the Best Performing Crypto Card” By Mastercard At EDGE 2025

October 20, 2025

Jupiter Launches Ultra V3 – The Ultimate Trading Engine For Solana

October 20, 2025

Jiuzi Holdings, Inc Enters Strategic Partnership With BitFi To Advance Bitcoin-Centric Finance

October 20, 2025
Most Popular

Why Bitcoin Hits All-Time High in 12 Months

December 16, 2023

Is the undervalued ARB finally bottoming out? According to the metrics…

May 10, 2024

DOT price (Polkadot) surges 5% and is poised to surge to $6

December 3, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.