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Avalanche Foundation Announces Token Repurchase. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest AVAX tokens news, AVAX Price Rally news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
further AVAX price surgeCoinGape
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60% Informative
The AVAX price has surged by a staggering 10% in the last few hours after the recent announcement by the Avalanche Foundation of a repurchase agreement with Luna Foundation Guard ( LFG ) the entity associated with Terra blockchain to buy back all tokens sold back in 2022 .
This move aims to prevent LFG from violating the original agreement and protect the tokens from bankruptcy complexities.
At press time, the Avalanche price is up 9.33% trading at $ 28.49 .
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