Avalanche Developer Launches WAGMI DeFi Suite on Nine Blockchains!

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Sep 20, 2023 12:49

Avalanche developer Daniele Sestagalli has relaunched his project called WAGMI, a suite of decentralized finance (DeFi) applications offered on nine blockchains. The project, rebranded from Popsicle Finance, centers around the ICE token, which can now be swapped for the WAGMI token using a blockchain-based tool. ICE tokens have surged 70% in the past 24 hours, while WAGMI has a market capitalization of $2 million as of Wednesday morning. Sestagalli’s previous projects, including Wonderland and Abracadabra, had a combined market capitalization of over $6 billion at their peak, making him one of the most influential crypto developers.