AVAX Sees 12% Price Jump As Grayscale Launches Avalanche Trust

Quick Summary:

AVAX, the native token of layer-1 blockchain Avalanche, has seen a rise of 12% in the past 24 hours, making it a top performer among the top 100 cryptocurrencies by market capitalization.

After nearly six months of decline, Avalanche’s price appears to be in the early stages of a potential trend reversal.On Aug.

Investors have focused on the Avalanche token unlock schedule, noting that the frequency of token unlock events will significantly decrease after the end of 2024.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: India

Topics: Grayscale Latest News Price Jump News Avax Avalanche Trust 12% Launches

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-23 @ 18:45:19 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 553 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22232346

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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