Aave Hits Market Capitalization of $1.45 Billion (AAVE)

Aave (AAVE) traded up 5.9% against the dollar during the 24 hour period ending at 17:00 PM ET on July 26th. Over the last week, Aave has traded 2.6% lower against the dollar. Aave has a total market capitalization of $1.45 billion and $161.49 million worth of Aave was traded on exchanges in the last 24 hours. One Aave token can currently be purchased for approximately $97.75 or 0.00143325 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded up 1.2% against the dollar and now trades at $0.18 or 0.00000271 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 2.2% lower 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 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 up 1.5% against the dollar and now trades at $0.0133 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Aave Profile

Aave’s launch date was October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 14,877,848 tokens. 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 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.

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 presently possible to buy alternative cryptocurrencies such as Aave directly using US dollars. Investors seeking to trade Aave should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Aave using one of the exchanges listed above.

AAVE/USD price chart by TradingView