CandleFocus JUST IN! Popular Altcoin Avalanche (AVAX) Receives 250 Million Investments, Price Starts to Rise!
2024-12-12
Author: Content Editor
Popular altcoin Avalanche (AVAX) has secured $250 million in investments from Galaxy Digital, Dragonfly, and ParaFi, among other companies, according to a report by Forbes. The funding was obtained through a private token sale involving over 40 companies. This follows the Avalanche Foundation's previous token sale in December 2021 where it raised $230 million. As a result of the news, the price of AVAX increased. Further details are expected to be announced.
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