The native token of the Avalanche blockchain, Avax, has been removed  from K33’s ranking of the most promising tokens in the blockchain space.

The decision to eliminate the token was made after reevaluating the  projected inflationary pressure and ownership concentration in the  aftermath of impending unlocks.

Avax’s most recent unlock is slated  for this month and  will put into circulation  tokens valued at $168 million at the market price.