Home Coingape Avalanche (AVAX) Prices Jump 14% On New Trust Launch, Here’s Why

at May 05, 2022

Avalanche (AVAX), the 11th-largest cryptocurrency, rallied on Thursday after digital asset manager Valkyrie launched an investment trust dedicated to the token. AVAX jumped 14% in a few hours to a one-week high of $68.36. The spike came just after Valkyrie’s announcement, which is expected to draw more institutional money into the Avalanche blockchain. The asset

The post Avalanche (AVAX) Prices Jump 14% On New Trust Launch, Here’s Why appeared first on CoinGape.



Share To:

CoindeskCrypto

View Profile

Post A Comment:

0 comments so far,add yours

Subscribe to: Post Comments (Atom)

XRP Price Prediction Ahead of Potential U.S. Government Shutdown Today

The U.S. government is potentially heading toward a shutdown, with XRP’s price hovering around $1.40 on Saturday. The cryptocurrency has gai...