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In a groundbreaking initiative in Southeast Asia, users can now earn vouchers by participating in a branded mini-game. These vouchers offer up to 50% off milk teas from 10 top brands.
In this first phase, the Foundation will provide $1 million AVAX as incentives and select community coins for SteakHut and Trader Joe liquidity providers.
The Avalanche Foundation is capitalizing on the meme coin craze with incentives to boost meme coins like Kimbo, Coq Inu, and Gecko.
The smart contracts platform Avalanche recently said it is collaborating with the Chinese payments giant Alipay to launch a Web3-enabled voucher program. The second phase will see the proof of concept being expanded to more than 100 million users from Southeast Asian countries.
Since March 12th, keen observers have noted a notable phenomenon in AVAX's Relative Strength Index (RSI) on the one-day timeframe. Despite AVAX prices climbing higher, the RSI has been forming lower highs, signaling a potential bearish divergence.
Bitcoin and altcoins are starting to recover, but traders will watch closely to see if higher levels induce selling.
Over the past two weeks, the crypto market has witnessed a notable downturn following the lead of Bitcoin price which recently plunged below $65000. While the aggressive selling price sparked a correction phase in most major coins.
After a rug pull on the Avalanche network, sentiment surrounding the network saw a decline.
According to Avalanche, users can obtain the vouchers from one of its partners in Southeast Asia by playing branded mini games.
In today's digital world, partnerships between big technology companies and Blockchain platforms are changing how businesses operate and how consumers experience everyday life. China's top payment app, Alipay+, and Avalanche Blockchain have joined forces to introduce new digital solutions, marking a significant step forward in digital innovation.
TL;DR Avalanche and Alipay+ D-store offer a Web3-enabled coupon program for discounts on milk teas. Expansion of the program to reach over 100 million users in Southeast Asia. The flexibility of the Avalanche Subnet and the potential for collaborations will drive the digitization of retail.
Avalanche said the initiative allows brands to test Web3 solutions and how to create new engagement opportunities with their users.
As Bitcoin (BTC) struggles below the $70k mark, AVAX has charted its own course, rallying strongly from the $50 support level to surpass the $60 milestone. This bullish momentum has caught the attention of investors and analysts alike, sparking curiosity about what sets AVAX apart in these turbulent times.
Alipay+, the largest payment app in China, has teamed up with blockchain network Avalanche to power a new Web3-enabled voucher and e-wallet program. Avalanche will power this program for Alipay+ D-store, the payment app giant's digitalization solution.
Avalanche partners with Alipay+ to launch a Web3-enabled voucher program, offering discounts on milk teas across Southeast Asia, leveraging Avalanche Subnets.
Avalanche, often hailed as the “most-developer friendly Layer 1” blockchain, boasts a unique consensus mechanism comprising three sub-protocols: Avalanche-X, Avalanche-C, and Avalanche-P. This innovative approach allows AVAX to process transactions within seconds, facilitating scalability for thousands of transactions per second.
Since the 12th of March, the RSI on the one-day timeframe of AVAX has formed lower highs.
The surge in AVAX's price hasn't just turned heads; it's also lining pockets, with a staggering 83% of AVAX holders now finding themselves in profit. This remarkable feat has been attributed to a multitude of factors, including a surge in organic demand and a flurry of buy orders flooding the market.
Avalanche (AVAX), the 10th-ranked cryptocurrency, has been on a tear in the past week, not only emerging as the top performer among major digital assets but also reaching its highest price point in nearly two years. Related Reading: XRP Price On The Crosshair As Trading Begins On US-Backed Exchange According to CoinMarketCap data, AVAX surged by an impressive 20%, surpassing its previous peak in May 2022 and reaching a price of $60 at the time of writing.
Avalanche MEME project Sender crashes by over 70%, raising concerns.
Avalanche project Sener faces suspicion of fund disappearance after clearing official X account!
Avalanche (AVAX) has emerged as a focal point of attention, with its recent price surge sparking speculation and excitement among traders and investors. This comprehensive analysis delves into the intricacies of AVAX's price movements, examining key indicators and historical data to provide insights into its future trajectory and the likelihood of reaching the elusive $70 milestone.
As market strength rises, Cardanos price grapples with intense upward pressure, causing the token to remain at a critical support level. However, while the Avalanche price saw a remarkable increase of over 35% in weekly gains, ADA faced a corresponding loss during the same period.
Successful presales often pave the way for prosperous projects and substantial returns on investments. In the fast-paced realm of cryptocurrency, Furrever Token (FURR) is swiftly making its mark, hurtling through its presale stages with remarkable speed.
