Aave (AAVE) Achieves Market Cap of $1.27 Billion

Aave (AAVE) traded 4.5% higher against the dollar during the 1 day period ending at 0:00 AM Eastern on April 16th. In the last week, Aave has traded 31.1% lower against the dollar. Aave has a total market cap of $1.27 billion and approximately $98.56 million worth of Aave was traded on exchanges in the last day. One Aave token can currently be bought for about $86.09 or 0.00134499 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 6% against the dollar and now trades at $0.33 or 0.00000516 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 up 1.9% against the dollar and now trades at $0.0088 or 0.00000014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Aave Token Profile

Aave’s launch date was October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 14,803,267 tokens. 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. The Reddit community for Aave is https://reddit.com/r/aave_official and the currency’s Github account can be viewed 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.”

Buying and Selling Aave

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

AAVE/USD price chart by TradingView