Avalanche (AVAX) has not too long ago been coping with allegations of centralization. The Avalanche Basis has purchased again about 1.97 million tokens, which calls into query the community’s decentralized nature. In accordance with Crypto Leaks, experiences additionally elevate some crimson flags round management points. Ava Labs operates a big portion of its validating nodes, elevating considerations about safety and long run sustainability.
After going by way of all these allegations, Avalanche (AVAX) has reached the token worth of round $27.63, marking a slight decline in its market place as of the final day. With all this taking place, it may be mentioned that Avalanche (AVAX) is being hindered by points that may have an effect on its costs in the long term. This additionally makes it an funding prospect value not contemplating, particularly when the market has seen a brand new promising different within the type of Zig Network (ZIG) presale.