Aave (AAVE) Market Capitalization Achieves $1.42 Billion

Aave (AAVE) traded 1.4% higher against the US dollar during the 24 hour period ending at 9:00 AM Eastern on June 28th. One Aave token can now be bought for approximately $95.72 or 0.00155971 BTC on cryptocurrency exchanges. Aave has a total market cap of $1.42 billion and $113.07 million worth of Aave was traded on exchanges in the last day. During the last week, Aave has traded up 12.5% against the US dollar.

Here’s how similar cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded up 0.6% against the dollar and now trades at $0.21 or 0.00000336 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 down 2.2% 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.
• 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 down 0.7% against the dollar and now trades at $0.0112 or 0.00000018 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Aave

Aave’s genesis date was October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 14,853,287 tokens. 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 website is aave.com. Aave’s official Twitter account is @aave and its Facebook page is accessible here. The official message board for Aave 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 presently possible to buy alternative cryptocurrencies such as Aave directly using U.S. dollars. Investors seeking to trade Aave should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Aave using one of the exchanges listed above.

AAVE/USD price chart by TradingView