Altcoins

JUST IN! Popular Altcoin Avalanche (AVAX) Receives 250 Million Investments, Price Starts to Rise!

Popular altcoin Avalanche (AVAX) received $250 million in investments from Galaxy and others, Forbes reported.

The report noted that Avalanche raised $250 million in funding through a private token sale that involved more than 40 companies, including Galaxy Digital, Dragonfly, and ParaFi.

The Avalanche Foundation’s last similar token sale was in December 2021, when it raised $230 million.

AVAX rose following the news.

Details to come…

*This is not investment advice.

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