Could Buying Hot Cryptocurrency Avalanche Make You a Fortune?

What a difference a year makes. Coming into 2021, Avalanche (CRYPTO: AVAX) was a relatively little-known cryptocurrency with a market cap of less than $300 million. That was actually an impressive achievement considering that Avalanche had been launched only a few months earlier.

Fast forward to today. Avalanche now boasts a market cap of more than $27 billion, moving past sizzling-hot Shiba Inu. That's enough to rank its native AVAX token as the No. 11 biggest cryptocurrency in the world, according to CoinMarketCap. But could buying this hot cryptocurrency make you a fortune now?

Image source: Getty Images.

Continue reading

Source Fool.com