ChainKnights

Loco and Avalanche (AVAXUSDT)

Long
ChainKnights Updated   
BYBIT:AVAXUSDT.P   AVAXUSDT Perpetual Contract
Loco's launch of LegendsByLoco on #Avalanche is a significant move for both the streaming platform and the #crypto coin. Avalanche is a well-established #cryptocurrency with a growing user base, and the #partnership with #Loco will likely drive even more adoption.

The launch of #LegendsByLoco on Avalanche is a significant development for Loco, as it allows users to participate in player-owned fantasy esports. This is a unique feature that sets Loco apart from other #streaming platforms, and it could help the company continue to dominate #India's streaming market.

Furthermore, the partnership with Avalanche gives Loco access to a reliable and secure blockchain platform that can handle high transaction volumes. Avalanche's consensus mechanism is designed to support high throughput and fast confirmation times, making it an ideal choice for Loco's fantasy esports platform.

Overall, Loco's partnership with Avalanche is a smart move that could help the company maintain its position as India's largest #video #game streaming #platform. With more than 50 million users and counting, Loco is well-positioned to take advantage of the growing interest in player-owned #fantasy #esports, and its partnership with Avalanche gives it a solid foundation on which to build.

Target zone: $37,90 - $41.00
Trade active:
Update:

Long $18.465
Stop Loss $17.920

Order cancelled:
Cancellation of the idea. I'll wait for a better entry point below.
Trade active:
I'm making a second attempt to buy with a short stop loss. The cryptocurrency has tested the nearest level. I'm counting on a breakthrough and an upward exit.
Comment:
Trade closed: stop reached:

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