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AVAX Token
AVAX is the native cryptocurrency of the Avalanche network, used for transaction fees, staking, and securing the network through its consensus mechanism.
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Avalanche Treasury Value Declines 16 Percent Amidst AVAX Price Slump
By Owais Farooq
•
4 hours ago
The Avalanche Treasury, a significant holder of AVAX tokens, has seen its valuation decrease by 16 percent. This decline is attributed to the native AVAX token trading at a considerable low, impacting the treasury's overall worth.
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