{"id":2741,"date":"2024-07-21T22:02:05","date_gmt":"2024-07-21T22:02:05","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/07\/21\/avax-surges-13-due-to-gaming-partnerships-driving-growth\/"},"modified":"2024-07-21T22:02:05","modified_gmt":"2024-07-21T22:02:05","slug":"avax-surges-13-due-to-gaming-partnerships-driving-growth","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/07\/21\/avax-surges-13-due-to-gaming-partnerships-driving-growth\/","title":{"rendered":"AVAX surges 13% due to gaming partnerships driving growth."},"content":{"rendered":"<p>The current trading price of the token is approximately $32.2, reflecting an 11.5% increase, while its daily trading volume tripled to around $829 million, according to the latest data from crypto.news. However, despite the recent gains, the token remains 78% below its peak of $146.2, reached on November 21, 2021. The Layer-1 blockchain, which supports smart contracts, has positioned itself as a direct competitor to Ethereum. Recent partnerships indicate a growing interest in using stable blockchain platforms like Avalanche for gaming applications.<\/p>\n<p>In related news, Fableborne\u2019s first play-to-airdrop event was considered a success, attracting over 77,000 concurrent participants. Furthermore, recent trading activities by large-scale investors (whales) have influenced AVAX\u2019s price dynamics. These investors have reportedly begun to short the cryptocurrency, particularly after it reached a recent low near $26. This price movement in AVAX coincides with a broader upward trend in the cryptocurrency market, including a 7% increase in Bitcoin over the past week and a slight overall market uptick of 0.5%, bringing the total market valuation to $2.44 trillion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The current trading price of the token is approximately $32.2, reflecting an 11.5% increase, while its daily trading volume tripled to around $829 million, according [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[571],"tags":[],"class_list":["post-2741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-avalanche"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/2741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=2741"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/2741\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/2740"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=2741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=2741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=2741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}