What are the requirements for downloading Avalanche wallet?

Avalanche wallet download prerequisites: device, network, MetaMask extension or other Avalanche supported wallet. Optional conditions: hardware wallet, AVAX token. Installation steps: 1. Download the MetaMask extension or other wallet. 2. Create or import a wallet. 3. Add Avalanche network in settings, network name: Avalanche, RPC URL: https://api.avax.network/ext/bc/C/rpc, chain ID: 43114, symbol: AVAX, block explorer URL: https://snowtrace.io/. 4. Save the network settings.

Avalanche wallet download conditions

Required conditions:

• A device that supports a web browser (e.g. computer, laptop, smartphone)
• A stable and fast internet connection
• MetaMask extension or other wallet that supports the Avalanche network (e.g. Binance Chain Wallet, Trust Wallet)

Optional conditions (recommended):

• Hardware wallet (e.g., Ledger Nano, Trezor) for enhanced security
• A small amount of AVAX tokens to cover transaction fees

Installation steps:

For MetaMask users:

1. Download and install the MetaMask extension.
2. Create a MetaMask wallet or import an existing wallet.
3. Go to MetaMask settings.
4. Click "Network".
5. Click "Add Network".

6. Enter the following details:

   • Network Name: Avalanche
   • RPC URL: https://api.avax.network/ext/bc/ C/rpc
   • Chain ID: 43114
   • Symbol: AVAX
   • Block explorer URL: https://snowtrace.io/
7. Save network settings.

For other wallet users:

1. Download and install the wallet of your choice.
2. Create a wallet or import an existing wallet.
3. In the wallet settings, look for the option to add a network.
4. Enter the same network details as in the MetaMask installation steps.
5. Save network settings.

Note:

• Make sure you download the wallet software from official sources.
• Keep your private key or mnemonic phrase safe.
• Always use a strong password to protect your wallet.

Avalanche (AVAX) price drops suddenly

As of 19:00 on August 28, 2024, the price of Avalanche (AVAX) is $24.66, 24 Hourly trading volume is $3.4 billion. Its price fell by 4.46% in the past 24 hours.

This price movement is mainly caused by the overall depressed market sentiment and selling pressure from institutional investors.

Future Price Trends

In the short term, the price of AVAX may continue to fluctuate. However, as market sentiment improves and institutional investor interest returns, its price is expected to rise in the long term.

A Guide to Action

For those interested in investing in AVAX, now may be the time to buy. Prices are low and have upside potential. However, investors should be aware of market fluctuations and invest according to their own risk tolerance.

Short-Term Trend Forecast

AVAX price is expected to continue to fluctuate in the short term, but may see an upward trend in the coming weeks.

Indicators

• Current Price: $24.66
• 24 Hour Trading Volume: $3.4 Billion
• Circulating Supply: 4.05 100 million AVAX
• Maximum supply: 716 million AVAX
• Total supply: 405 million AVAX
• Circulation market value: 99.8 billion US dollars

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