Avalanche (AVAX) has burned over 4.8 million tokens, reducing its circulating supply and fueling price speculation, with the token reaching $36. This strategic move aims to enhance scarcity and potentially boost market value. Meanwhile, Aave (AAVE) experienced a 10% price increase following the successful handling of $180 million in liquidations, demonstrating the platform's resilience and stability in volatile market conditions. In a significant fundraising effort, BlockDAG (BDAG) has raised $430 million during its presale phase. The project, which combines a hybrid DAG and Proof-of-Work system, has attracted substantial interest from 3.5 million X1 users and over 4,500 developers. Analysts predict a potential 6,000% price increase, with the current presale price set at $0.0015 until the $600 million target is reached.
Avalanche Burns 4.8M AVAX, Aave Surges 10%, BlockDAG Secures $430M
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