Avalanche (AVAX) is starring in an episode worthy of a corporate soap opera. It turns out that AgriFORCE, a company previously dedicated to plants and agriculture, suddenly decided the future wasn't in seeds, but in accumulating tokens like potatoes. They're now called AVAX One, because of course, nothing says "trust" like a name change and a plan to raise $700 million in AVAX. Yes, you read that right: from greenhouses to blockchains, just like that.
But that's not all. The move is accompanied by high-profile figures: Anthony Scaramucci, Trump's former "flash minister" who lasted less time in the White House than a hyped NFT, is now an advisor. Hivemind's Matt Zhang joins the company as president, and even a Coinbase bigwig appears as an advisor. It seems like the Justice League of crypto marketing.
The market, of course, reacted with its usual grace: the company's shares rose more than 100%, and the AVAX token… fell 3%. Because in this ecosystem, logic is optional. Avalanche isn't snowing today; it's hailing confusion, hype, and million-dollar promises.#AVAX