Avalanche Foundation pushes AVAX price to seven-month high with $1 billion fundraising talks

AVAX climbed to a seven-month high after reports surfaced that the Avalanche Foundation is pursuing up to $1 billion in funding to launch dedicated treasury companies holding its token. According to CryptoSlate data, AVAX rose nearly 9% in the past 24 hours to reach $29, its strongest price level since February. The token’s performance outpaced The post Avalanche Foundation pushes AVAX price to seven-month high with $1 billion fundraising talks appeared first on CryptoSlate.