Avalanche raises $230M following the sale of higher than 1500% returning AVAX

Avalanche(AVAX) has recorded tremendous growth, despite the market trend being increasingly bearish. The asset, at press time, was returning 1,589% to investors year-to-date after it rallied to $63.62. AVAX also registered a strong surge of almost 30% in one 24-hour window, a consequence of the latest updates to the ecosystem.

Shiba Inu Token Is Up 25% Following Coinbase Listing

Coinbase has listed Shiba Inu (SHIB) on its main exchange. The coin's price rose by approximately 25% within hours of the listing. It now has a market capitalization of $1.2 billion. SHIB is one of many similar tokens that attempted to capitalize on the success of Dogecoin earlier this year.

Cardano to the moon and beyond

Cardano(ADA) certainly makes a good case for itself. With scores of projects already in development after the Alonzo hard fork, sentiment is likely to be bullish going forward. However, ADA seemed to battle against some selling pressure at press time. ADA needs to hold above a few key areas. This would allow its indicators to take back bullish positions after selling pressure fizzles out.