Aave (AAVE) Achieves Market Cap of $1.32 Billion

Aave (AAVE) traded up 1.4% against the U.S. dollar during the 24 hour period ending at 13:00 PM E.T. on May 4th. Aave has a market capitalization of $1.32 billion and approximately $58.84 million worth of Aave was traded on exchanges in the last day. One Aave token can currently be purchased for about $88.99 or 0.00140152 BTC on cryptocurrency exchanges. In the last seven days, Aave has traded 0.1% lower against the U.S. dollar.

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

• KILT Protocol (KILT) traded 1.4% higher against the dollar and now trades at $0.30 or 0.00000471 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 down 2.2% 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 1.9% higher 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 0.2% higher against the dollar and now trades at $0.0101 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Aave Profile

Aave was first traded on October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 14,812,056 tokens. The Reddit community for Aave is https://reddit.com/r/aave_official and the currency’s Github account can be viewed here. The official message board for Aave is medium.com/aave. Aave’s official Twitter account is @aave and its Facebook page is accessible here. Aave’s official website is aave.com.

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 purchase alternative cryptocurrencies such as Aave directly using U.S. dollars. Investors seeking to acquire Aave should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. 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