GeeFi Presale Hits 5.3M GEE as Avalanche Cuts Fees 99.9%

Published: 2025-11-23 21:09:19 |

GeeFi has sold 5.3 million GEE tokens in its ongoing presale, raising over $250,000 so far. The project pairs with Avalanche’s recent Granite upgrade, which cuts network transaction fees by 99.9%. This reduction aims to boost Avalanche’s scalability and institutional adoption. Launched publicly in 2024 after two years of development, GeeFi offers a non-custodial wallet and a Visa/Mastercard-powered spending card. Users retain full control of private keys and can spend AVAX directly at millions of merchants without pre-loading or manual conversion. The GEE token underpins a tiered rewards programme. Staking GEE delivers cashback on card transactions, fee discounts, and a high-yield APR of 45–55%. Early presale participants benefit from a $0.05 token price ahead of planned increases in subsequent phases. A 5% referral bonus incentivises community growth. Avalanche’s AVAX token currently trades near $13.23 as market conditions fluctuate. The Granite upgrade underscores AVAX’s technical appeal. However, spending friction remains a barrier to mainstream adoption—a challenge GeeFi aims to resolve. Traders should note the bullish synergy between Avalanche and GeeFi. The combined push enhances real-world use cases for digital assets, potentially driving demand for AVAX and GEE ahead of the 2026 cycle.

Bullish

The combined news is bullish for both GEE and AVAX. Avalanche’s Granite upgrade slashes transaction fees by 99.9%, enhancing network scalability and appealing to developers and institutions. Historically, such upgrades have driven AVAX price rallies as on-chain activity increases. On the other hand, GeeFi’s strong presale performance—5.3M tokens sold raising $250k—signals market confidence and addresses the critical spending friction in crypto adoption. Payment card integration via Visa and Mastercard positions GEE as a bridge for real-world transactions, likely boosting demand. In the short term, expect increased trading volumes and positive sentiment for AVAX and GEE. Over the long term, improved utility and infrastructure could underpin sustained price growth into the 2026 cycle.