Aave Tops 24 Hour Trading Volume of $97.85 Million (AAVE)

Aave (AAVE) traded 3.3% higher against the US dollar during the 1-day period ending at 16:00 PM ET on June 28th. One Aave token can currently be purchased for $94.73 or 0.00157308 BTC on cryptocurrency exchanges. Aave has a total market capitalization of $1.41 billion and $97.85 million worth of Aave was traded on exchanges in the last day. During the last week, Aave has traded up 14.9% against the US dollar.

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

• KILT Protocol (KILT) traded 2.6% lower against the dollar and now trades at $0.21 or 0.00000346 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 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.
• 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 0.7% higher against the dollar and now trades at $0.0113 or 0.00000019 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Aave Profile

Aave launched on October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 14,862,573 tokens. The official website for Aave is aave.com. 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. 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.”

Buying and Selling Aave

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

AAVE/USD price chart by TradingView