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The cryptocurrency $AVAX is experiencing a surge in value as investors and enthusiasts anticipate significant growth. Positive sentiment and community engagement around AVAX memecoins are contributing to the upward trend, with predictions of reaching $100. Various catalysts, such as institutional backing, DeFi ecosystem development, and game integration, are fueling the bullish narrative. Analysts and influencers are optimistic about AVAX's potential, citing its fast and cost-effective blockchain technology as a key driver of its recent price increase.