Aave (AAVE) Market Cap Reaches $2.25 Billion

Aave (AAVE) traded 4.3% higher against the U.S. dollar during the twenty-four hour period ending at 15:00 PM Eastern on October 12th. Over the last week, Aave has traded 2.5% higher against the U.S. dollar. Aave has a total market capitalization of $2.25 billion and $182.87 million worth of Aave was traded on exchanges in the last 24 hours. One Aave token can now be bought for approximately $150.80 or 0.00239488 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 4.6% lower against the dollar and now trades at $0.0516 or 0.00000082 BTC.
• P2P Solutions foundation (P2PS) traded up 0.7% against the dollar and now trades at $159.75 or 0.00253709 BTC.

Aave Profile

Aave’s genesis date was October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 14,952,676 tokens. The official website for Aave is aave.com. The Reddit community for Aave is https://reddit.com/r/aave_official and the currency’s Github account can be viewed here. The official message board for Aave is medium.com/aave. Aave’s official Twitter account is @aave and its Facebook page is accessible here.

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 US dollars. Investors seeking to trade Aave should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. 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