Is Avalanche (AVAX) a shitcoin?
$ No. Strong fundamentals, few red flags.
Gold-meter
69/100
merit score
Shit-meter
24/100
red-flag score
Avalanche: Strongest on tech & development (90); biggest red flag is insider control (40).
— — Market Cap —
Layer 1 · Data confidence medium How much of the methodology had verified data behind this score. It says nothing about the project itself. Is this verdict fair?
Community opinion — never affects scores.
Every score is built from the indicators below. Select any line for the reasoning, raw data and source.
Goldcoin score breakdown Higher is better · total 69 Fair launch & distribution 16% of score 50
Genesis allocation to insiders measured 40 30% Launch method assessed 60 Open public sale Top-100 holders' share measured ?
Unknown Supply soundness 14% of score 82
Supply policy assessed 100 Fixed hard cap Current annual inflation measured 64 4.3% Usability as money 10% of score 78
Confirmation speed (L1) assessed 90 Under 10s Typical transaction fee (L1) assessed 65 $0.01 to $0.10 Decentralization 16% of score 63
Consensus mechanism assessed 65 Permissionless proof of stake Largest client's share measured 0 100% Nakamoto coefficient measured 100 25 Permissionless participation assessed 100 Anyone can mine or validate Reachable full / validating nodes measured 50 1,000 Cost to attack measured 83 ~$3B (est.) Full bear markets survived measured 40 1 Halts or rollbacks, last 5 years measured 75 1 Years in production measured 56 6 years Tech & development 12% of score 90
Open source assessed 100 Fully open Programmability assessed 100 Full smart contracts (EVM or native VM) Monthly active core developers measured 59 14 Originality assessed 100 Novel design or research Annual fees ÷ market cap measured 62 0.071% Daily active addresses measured ?
Unknown TVL or non-speculative settlement ÷ market cap measured ?
Unknown Security budget 10% of score 66
Fee share of security rewards assessed 15 Under 3% Real reward to securers assessed 100 Clearly positive Security spend (rewards ÷ market cap per year) assessed 100 1.5% or more of market cap per year Security trend (hashrate or staked share, 1 year) assessed 50 Flat
Shitcoin score breakdown Higher is worse · total 24 Insider control 20% of score 40
Team, investor and foundation holdings measured 40 ~20% (est.) Top-10 wallets' share measured ?
Unknown Who controls upgrades and governance assessed 40 Foundation-led Admin powers 15% of score 0
Freeze or blacklist function measured 0 No Mint authority measured 0 None Upgrade path measured 0 Immutable or hard fork only Unlock overhang 15% of score 4
FDV ÷ market cap measured 0 1× Unlocks in next 12 months measured 8 2% Function beyond speculation assessed 0 Money, gas or collateral Market cap ÷ annual economic throughput measured ?
Unknown Token needed to use the product assessed 0 Required Hype dependence 10% of score 0
Celebrity, influencer or politician launch assessed 0 No Social mentions ÷ active addresses measured ?
Unknown Trading turnover measured ?
Unknown Track record 10% of score 0
Core-protocol exploits with user losses, last 5 years measured 0 0 Regulatory enforcement against the issuer measured 0 None Methodology v0.8 · computed 2026-09-29 