Bitcoin’s spark is back, reaching a new high of $126,000, indicating a very bullish trend up ahead. The largest cryptocurrency is seeing attraction, entering Uptober by 4.5% in the first two days of October .
Narratives like tokenization-led, real estate-backed cryptocurrency, which thrive on institutional and retail adoption have been gaining traction. Projects like Avalon X (AVLX), a real estate tokenization crypto, are bringing real-world utility by tying their tokens with actual incentives while being backed by real estate behemoths like Grupo Avalon.
On Friday, October 10th, the Avalon X team will host a live AMA session on their X channel.
Are We Heading For An Uptober?
Compass Point Research says that a turnaround is likely in October, also commonly referred to as ‘Uptober’ by degens. Historical data show that the crypto market and Bitcoin have seen October as their strongest month for 12 years straight.
Image Source Bitcoin stands at circa $123k , but other altcoins have bottomed out. The Federal Reserve might bring another rate cut, similar to what it did in previous shutdowns, and the crypto market could benefit. But much of this is probability, unless the pro-crypto US government returns to action.
Analyst “Sykodelic” said, “As I’ve been saying for a wee while, $112,500 is the number, and when we get there, we will see the usual suspects calling for rate cuts being bearish and market topping.”
Avalon X and Investor Attention
If the current volatility and uncertain conditions are making you sweat, sustainable projects like Avalon X crypto might be the deal you were looking for.
Avalon X is a real estate tokenization crypto that boasts of tokenized benefits tied to actual developments led by Grupo Avalon. Grupo Avalon is a reputed real estate developer that has
completed $110 million in sales and $548 million worth of projects in the Dominican Republic. Projects worth $1 billion are lined up next.
AVLX coin is the native token of the project. AVLX is specifically built to deliver exclusive rights and perks to the holders.
The AVLX token is built on a deflationary tokenomics model, with a limited supply of 2 billion tokens, and a burn rate to keep the supply in check and price increasing. Avalon X code is audited and certified by the industry’s top auditor, CertiK , which gives the project greater credibility than its peers.
A countdown on the project’s website already shows 5 days remaining until the next stage and the upcoming price increase. Plus, this Friday, October 10th, there will be a live AMA session with a member of the Avalon X team. Community members are encouraged to submit their questions in advance via the Google Form for a chance to have them addressed live during the event.
Will Avalon X Rule The List of New Crypto Launches in 2025?
With its strong foundations and community-centric approach, Avalon X is definitely getting added to the list of best altcoins to invest in 2025. The market might be swinging to geopolitical factors, but Avalon X (AVLX) is banking on RWA tokenization and real-world utility, which makes it a true contender for the next big crypto in 2025.
