The post Exciting ICO Bitcoin Spark (BTC) and How it Fares Against Struggling Avalanche (AVAX) appeared on BitcoinEthereumNews.com.

Crypto investors are constantly looking for the project with the most potential in terms of utility and capital gains. For a while, exciting projects like Avalanche have been the talk of the town and have lured investors who have put funds into the projects in hopes of turning a profit when the project’s market capitalization increases. However, Avalanche’s recent performance has caused panic among investors who are now shifting to more promising crypto projects like Bitcoin Spark. Avalanche SnowTrace Avalanche SnowTrace, a blockchain explorer on the avalanche ecosystem, announced to have shut down operations recently. The software analytics tool depended on Etherscan’s service provision toolkit, which is usually characterized by high fees. The explorer representatives did not clearly indicate the exact reason they were suspending operations, but sources indicate Etherscan’s high gas fees are to blame. The network seems to affect the overall price of AVAX slowly. In the meantime, Avalanche’s Landslide is making moves after introducing an Inter-Blockchain Communication Protocol that enhances the network’s interoperability with other blockchains. Avalanche Price Outlook With all the developments happening on Avalanche, it is most likely that the AVAX digital asset will experience increased volatility as bulls and bears battle to dominate the asset’s final price movement. Even with the termination of the Avalanche SnowTrace, analysts still predict a positive outlook on the digital asset and its underlying ecosystem. With increasing bullish signals across the entire crypto market, Avalanche is also set to follow the same trajectory. Bitcoin Spark’s ICO Shines Bitcoin Spark’s ICO has been trending for some time now. The digital asset platform has been on the radar of many investors looking for more interesting investment vehicles to diversify their portfolios. Bitcoin Spark’s imminent blockchain is serving as a hub for stray investors who are wondering where to begin their crypto…

---

Filed under: News - @ November 12, 2023 6:58 pm