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Axelar Welcomes Arrington Capital and Electric Capital to Its Ecosystem Via Strategic Investments

1. Axelar Foundation attracted over $30M in new investments for AXL. 2. Major crypto funds back AXL, indicating strong market confidence.

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FAQ

Why Very Bullish?

The $30M investment indicates strong investor confidence, reminiscent of past token surges from similar funding rounds.

How important is it?

Significant funding from reputable investors can substantially impact market perceptions and drive AXL's price upward.

Why Short Term?

Increased investment can lead to immediate price appreciation, as seen with past successful crypto fundraising.

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BTCETHSOL
NEW YORK--(BUSINESS WIRE)---- $AXL #AXL--Axelar Foundation today disclosed new strategic investments into the AXL token. The total of investments exceeded $30M. A number of crypto investment funds participated, including Arrington Capital, Distributed Global, Electric Capital, Laser Digital, C^2 Ventures, Plassa Capital, Wagmi Ventures, among others. "We've had the privilege of knowing the exceptional team behind Axelar for many years and have great admiration for their bold vision to become the 'internet of.

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