In February 2023, when the price of Avalanche (AVAX) reached $21, there was minimal social volume and sentiments were stagnant. However, during the current pullback, there has been a notable increase in both social volume and positive weighted sentiments in the AVAX market.

This is an interesting trend, as social volumes have significantly increased, suggesting a potential leading indicator that will be picked up by retail segment in price movement in coming near future.