Aave Market Cap Achieves $1.44 Billion (AAVE)

Aave (AAVE) traded 10.6% higher against the US dollar during the twenty-four hour period ending at 22:00 PM ET on July 25th. During the last week, Aave has traded down 1.6% against the US dollar. One Aave token can currently be purchased for approximately $96.46 or 0.00144267 BTC on exchanges. Aave has a market cap of $1.44 billion and $202.51 million worth of Aave was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 0.5% lower against the dollar and now trades at $0.19 or 0.00000279 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.9% higher against the dollar and now trades at $0.0132 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Aave

Aave was first traded on October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 14,877,645 tokens. The Reddit community for Aave is https://reddit.com/r/aave_official and the currency’s Github account can be viewed here. The official website for Aave is aave.com. Aave’s official Twitter account is @aave and its Facebook page is accessible here. Aave’s official message board is medium.com/aave.

According to CryptoCompare, “AAVE is a decentralized finance protocol built on the Ethereum blockchain that enables users to borrow and lend digital assets in the form of flash loans, while also providing users with a yield-generating market to earn interest from their crypto holdings. AAVE is secured by a collateral model and features a token staking model, allowing users to stake their tokens to earn rewards. The protocol is designed to be permissionless, trustless, and secure, providing users with a secure and transparent way to access DeFi services. AAVE (AAVE) token was created by Stani Kulechov and the Aave team in 2017.”

Aave Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Aave directly using U.S. dollars. Investors seeking to acquire Aave should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Aave using one of the exchanges listed above.

AAVE/USD price chart by TradingView