Avalanche CEO confirms talks with the new US administration, fueling market optimism.
AVAX surges 119% after breaking out of a descending channel, hitting $49.15.
The AVAX token targets $70 this December, a 47% surge from its current price of $47.96.
Emin Gün Sirer, CEO of Avalanche ($AVAX), confirmed the platform is discussing initiatives with the new US government. In response to a question on X about whether $AVAX is involved in these talks, Sirer stated:
“Yes, of course we are. You will not see us parade our political connections in social media. You’ll just suddenly see results, in total Avalanche fashion. Plan accordingly.”
Yes, of course we are. You will not see us parade our political connections in social media. You'll just suddenly see results, in total Avalanche fashion. Plan accordingly. https://t.co/98tp1SR2QY
— egs9000
(@el33th4xor) December 2, 2024
While details of the discussions remain under wraps, Sirer’s response indicates a proactive effort by Avalanche to align with governmental initiatives. Following this news, the AVAX token has climbed into the top 10 daily gainers, posting a 9.16% increase to reach a price of $47.96.
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The post Avalanche’s AVAX Hits Top 10 Daily Gainers: $70 in Sight by December appeared first on Coin Edition.
