There is a lot of confusion as to why $AVICI is doing so well.
Because launches don't come much fairier. There is team no tokens, KOLs wasn't given discounted rates, there was no VC investment.
The team will only get paid tokens when a DAO vote goes through, forcing deliveriables prior. Holding AVICI is essentially owning part of the bank, you have a voice in all decisions.
With the amount of catalysts on the horizon, regardless of market conditions, I am extremely excited. There are very few projects that tend to thrive through bearish conditions, one bridging traditional banking and crypto is on that list.
How this is sub a billion, I don't know, let alone sub 50 million.
Currently, 1 token is worth $3.88.
If it was to get hit $XPL's ATH, one token would be worth $235. If it was to get anywhere near Revoluts valuation, one token would be worth over $5,000. Whilst I don't think hitting Revoluts valuation this cycle is reaslistic (placing it as big as Solana), I think somewhere around XPL is realistic, going way over 100X from here.
I don't think it could've really hit the market at a better time, regardless of the overall sentiment. There is a lot of fear surrounding exchanges freezing funds, with countries cracking down on crypto withdrawals, and every major crypto card clamping down on info they need, I think there is a clear path for Avici to blossom.
Hats of to you @RamXBT, you've built a brilliant product, one that this space has been yearning for.
$AVICI sub 100m is criminal.
Been using it for a few days now, and can honestly say it’s the best, and easiest one I’ve used. They’ve built a first of its kind self custody bank, which I believe is going to revolutionise crypto off-ramping.
What sets it apart is how smooth everything is, from start to finish. You can literally deposit any token you want, convert it to your balance and tap your card anywhere with 0 markup, for both psychical and virtual cards.
I feel like it’s hit the market at an absolute perfect time, with fear of exchanges freezing funds for no good reason, and countries tightening the noose on crypto legislation.
You can tell they have invested a lot of time and effort into perfecting the interface and experience, the app itself is far more superior and user friendly than crypto exchange onboarding.
@AviciMoney is setting that standard.
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