- On August 18, Avalanche protocol announced Avalanche Rush.
- Husky gains a lot from operating on Avalanche.
A growing DeFi ecosystem and a new low-cost Ethereum bridge are just a few reasons why AVAX is up 200% in August. Moreover, in recent months, Avalanche has seen significant gains in prices and popularity, like Ethereum, the dominant smart contracting platform, battles with high transaction charges and bad processing times.
On August 18, Avalanche protocol announced Avalanche Rush, a $180 million liquidity mining incentive campaign launched with Aave and Curve. Thus brings new apps and assets to its expanding DeFi ecosystem.
The top 3 avalanche tokens this week are OIN, TIME, and HUSKY.
OIN Finance (OIN)
OIN touted, the first DeFi platform to offer liquidity mining and loans on Ontology with cross-chain capabilities. Furthermore, by integrating Ethereum into its ecosystem, the platform will open up to the whole existing DeFi sector.
After all, conventional finance combines the globe, its currencies, and financial systems as cross-chain technology is very important in DeFi. According to CoinMarketCap, OIN Finance price today is $0.511066 USD with a 24-hour trading volume of $977,347 USD.
Chrono.tech (TIME)
A blockchain-based recruiting, HR and payment platform, Chrono.tech helps people find employment and securely transfer money globally.
Furthermore, the TIME token is the native token of the Chrono.tech ecosystem and can be used to ensure premium account status or staked on TimeWarp.finance to collect all service profits. According to CoinMarketCap, Chrono.tech price today is $34.45 USD with a 24-hour trading volume of $95,207.55 USD.
Husky Avax (HUSKY)
First Avax merchandise token, now available on BSC! Husky Avax, a token on the Avalanche C-Chain. Furthermore, it has a fixed starting supply, no team allocation, and no airdrops.
Moreover, Husky gains a lot from operating on Avalanche because safe, decentralized transactions are quick, cheap, and green. According to CoinMarketCap, Husky Avax price today is $1.09e-7 USD with a 24-hour trading volume of $242,861 USD.
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