Aave (AAVE) Trading Up 14% This Week

Aave (AAVE) traded 3.5% higher against the U.S. dollar during the 24-hour period ending at 15:00 PM E.T. on January 17th. In the last seven days, Aave has traded up 14% against the U.S. dollar. One Aave token can now be purchased for approximately $326.65 or 0.00309449 BTC on exchanges. Aave has a total market capitalization of $4.92 billion and $466.67 million worth of Aave was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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.
• SolvBTC (SOLVBTC) traded 5.4% higher against the dollar and now trades at $104,953.53 or 0.99425570 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 5.4% against the dollar and now trades at $103,910.77 or 0.98437736 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Aave Token Profile

Aave launched on October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 15,047,477 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. 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.”

Buying and Selling Aave

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

AAVE/USD price chart by TradingView