Tactical Trade Update

Oct 7, 2023

Following our recommendation on Thursday afternoon for a short-term tactical trade on $AVAX, the asset experienced a promising rally to nearly $12, marking a robust 30% rebound from its recent lows. However, in the overnight hours, a critical development emerged: Stars Arena, the SocialFi app that catalyzed recent AVAX activity, appears to have been compromised. The price of AVAX has since returned to just above our initial entry point. It's crucial to clarify that the vulnerability lies within the app itself, not the Avalanche blockchain, so your funds remain secure. Despite the vulnerabilit...

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