Galaxy Digital Sets Up $30M AVAX Investment Fund with 3-Year Lock-Up & $26M AVAX Fund with 2-Year Lock-Up

AVAX

AVAX/USDT

$6.016

-0.69%

$6.016

-0.69%

(24s)

24h Volume

$322,714,508.51

24h H/L

$6.193 / $5.681

Change: $0.5120 (9.01%)

Long/Short

64.6%

Long: 64.6%Short: 35.4%

Funding Rate

-0.0226%

Shorts pay

Data provided by COINOTAG DATALive data

Avalanche

Daily

$6.035

▲ 2.36%

Volume (24h): -

Resistance Levels

Resistance 3$8.69

Resistance 2$6.721

Resistance 1$6.2361

Price$6.035

Support 1$5.896

Support 2$5.6151

Support 3$4.3566

Pivot (PP):$5.9903

Trend:Downtrend

RSI (14):26.1

**Galaxy Digital Establishes Two AVAX Investment Funds**

Galaxy Digital has announced the creation of two sizeable investment funds focusing on Avalanche’s AVAX token. The first fund, amounting to $30 million, comes with a three-year lock-in period. In addition, the firm has introduced a second investment fund valued at $26 million, featuring a two-year lock-in period. This strategic move underscores Galaxy Digital’s confidence in the long-term potential of AVAX and the broader Avalanche ecosystem.

Share News:

#AVAX

Live AVAX price →More AVAX news →