Emin Gün Sirer, the founder of Avalanche, stated that AVAX’s limited supply and fee-burning mechanism bear similarities to Bitcoin $95,891‘s capped supply. He emphasized that such features would bolster AVAX’s position among digital assets and enhance investor confidence.
Potential for Value Growth Like Bitcoin’s Limited Supply
Sirer articulated that Bitcoin’s limited supply has catalyzed value appreciation in the cryptocurrency market and attracted long-term investors. Avalanche aims to position itself with a similar limited supply. He remarked, “AVAX has a strong potential for value appreciation due to its limited supply,” …
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