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Avalanche [AVAX] Attracts Fresh Capital; Records 31% Gains
Defying the unimpressive market conditions, Avalanche’s native token, AVAX has managed to pull a rally that netted over 31% gains in the last two days alone.
The latest news about Avalanche (AVAX), an open source blockchain that enables the development of Smart Contracts and Decentralized Applications (DApps).
Since its launch in 2020, it has had an exponential growth in terms of number of users and projects being developed on it.
Its native token, AVAX, is one of the most valued cryptocurrencies today and has multiple functions within the platform. It functions as a means of reward for network users.
Avalanche uses a Proof-of-stake (PoS) consensus protocol that rewards participants for staking their tokens.
Defying the unimpressive market conditions, Avalanche’s native token, AVAX has managed to pull a rally that netted over 31% gains in the last two days alone.
Avalanche (AVAX) pushed out Dogecoin (DOGE) from the top 10 crypto assets by market cap list on Sunday, November 21, and was the 10th largest asset by market cap in the early hours of Monday.
The losses sparked a major sell-off across the board this week. Avalanche [AVAX], on the other hand, has decoupled from the rest of the market and
The Avalanche Foundation has announced the launch of a fund that aims to offer more than $200 million in incentives to developers who build on the
The latest stats on the Avalanche DeFi platform shows a very optimistic feeling about it and a possible price surge for the native token. Some of
Avalanche [AVAX] has been on an absolute tear and there could be more in the offing. So far, October has proved to be a pretty good
Avalanched-based Vee Finance may be the next victim of ever-increasing DeFi crimes as it reports a potential exploit on its platform just seven days after its launch on mainnet.
Avalanche announced raising $230M led by Polychain Capital and Three Arrows Capital. AVAX coin recorded an ATH since. The new investment is distributed to the Avalanche
Avalanche Foundation announced a new incentive program named Avalanche Rush that focuses on bringing top DeFi applications to Avalanche. The first blue-chip DeFi applications that are
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