AVAX Shoots 7% As Luna Foundation Guard Adds Avalanche to the UST Reserve

Ethereum Layer-1 competitor Avalanche (AVAX) has received a major boost as the Luna Foundation Guard announced it is adding $100 million in AVAX to its UST reserves. Following the news, AVAX is trading 7% up at a price of $88 as the tenth-largest cryptocurrency with a market cap of $23 billion. This also makes Avalanche

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Author: toutiao