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AVAX Price Could Drop To $8.75 Support Despite New Developments

10M ago
bullish:

1

bearish:

0

AVAX To Stay Above
  • Daniele Sestagalli announced the initiation of WAGMI phase 2 on Monday.
  • The price of ICE surged by more than 89% over the past 24 hours alone.
  • AVAX’s price was at risk of dropping to the crucial support level at $8.75.

The DeFi products suite, WAGMI, shared in an X post on Monday that they have initiated the roll out of WAGMI phase 2. This new introduction of WAGMI, which is a commonly used acronym for “we are gonna make it,” appears to be a rebranding of Avalanche (AVAX) developer Daniele Sestagalli’s Popsicle Finance.

WAGMI phase 2 revolves around Popsicle’s ICE tokens. Starting from today, ICE token holders now have the option to exchange their tokens for WAGMI using a blockchain-powered tool. This announcement had an impressive impact on the price of ICE as it surged by more than 89% in just …

The post AVAX Price Could Drop To $8.75 Support Despite New Developments appeared first on Coin Edition.

10M ago
bullish:

1

bearish:

0

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