Following the recent accumulation, the AAVE whale holds a total of 125,605 Aave tokens, worth about $17 million, with an average purchase price of $134.6.
As the reports of the World Liberty Financial crypto project emerged, the Trump family cautioned the public about potential scams while adding that any official announcements regarding the project would happen through their personal and professional channels.
A new proposal seeks to reform the existing “seize and sell” loan liquidation process which hasn’t been good for the AAVE price action and replace it with a “seize and burn” strategy.
About Aave
Aave is a decentralized finance protocol that allows people to lend and borrow crypto.
Lenders earn interest by depositing digital assets into specially created liquidity pools. Borrowers can then use their crypto as collateral to take out a flash loan using this liquidity.
Aave (which means “ghost” in Finnish) was originally known as ETHLend when it launched in November 2017, but the rebranding to Aave happened in September 2018. (This helps explain why this token’s ticker is so different from its name!)
AAVE provides holders with discounted fees on the platform, and it also serves as a governance token – giving owners a say in the future development of the protocol.
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Today's live Aave price is $146 USD, with a 24-hour trading volume of $785 492 336 USD. We provide real-time updates for the AAVE to USD price. Ethereum has increased by 4% in the last 24 hours. Currently ranked 41 in the cryptocurrency market, Aave has a live market cap of $2 176 966 254 USD, with a circulating supply of
14 929 893AAVE coins and 16000000.00 maximum supply.
