The rapid influx of liquidity into major protocols suggests that investors are seeking yield in decentralized markets beyond just Bitcoin BTC$115 42124h volatility:0.2%Market cap:$2.30 TVol. 24h:$47.35 B
and Ethereum. Historically, when capital flows into blue-chip DeFi names such as Aave and Lido, it often spills into altcoins, particularly related to DeFi.
With investor appetite returning, market watchers believe Aave is well-positioned to maintain its leadership.
AAVE Faces Short-Term Price Pressure
Meanwhile, the platform’s native token AAVE has struggled to match the hype due to broader market uncertainty on September 15. At the time of writing, the cryptocurrency is trading near $298 with a market capitalization of $4.54 billion, down about 4.5% in the past 24 hours.
AAVE recently faced rejection near its 30-day simple moving average around $312. The current price level around $298 corresponds to the 78.6% Fibonacci retracement level, making it a critical area of support.
A decisive break below the current price could lead to a pullback toward $276. Bulls will need to defend the $298-$305 range to prevent deeper losses.
Despite these short-term headwinds, the longer-term outlook remains favorable. Over the past year, AAVE’s value has more than doubled, adding roughly $2.5 billion in market cap.
Bitcoin Hyper (HYPER) Presale Surpasses $16M
Amid the booming DeFi sector, Bitcoin Hyper (HYPER) is rapidly turning heads as one of the most talked-about new crypto projects, with its presale already raking in nearly $16 million.
What sets Bitcoin Hyper apart is its bold vision: building the first full ecosystem directly on Bitcoin, enabling memes, DeFi tokens, and even NFTs to run natively on the world’s most famous blockchain.
Presale Details of Bitcoin Hyper
Ticker: HYPER
Price: 0.012925
Amount Raised: $16 million
The HYPER token is the core of the project. It is used for payments, governance, and staking. Early supporters are being rewarded with a high staking return of 71% APY, which has drawn even more attention to the crypto presale.
If you’re curious about promising tokenomics, check out our guide on how to buy Bitcoin Hyper and get involved in one of the most talked-about new crypto projects.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.