Aave (AAVE) Trading Up 0.9% Over Last 7 Days

Aave (AAVE) traded 2.2% lower against the US dollar during the one day period ending at 11:00 AM Eastern on January 16th. One Aave token can currently be purchased for approximately $169.15 or 0.00178913 BTC on cryptocurrency exchanges. During the last week, Aave has traded up 0.9% against the US dollar. Aave has a total market cap of $2.59 billion and $281.99 million worth of Aave was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 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.
• SolvBTC (SOLVBTC) traded 1.3% lower against the dollar and now trades at $94,398.69 or 0.99848588 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Aave Token Profile

Aave launched on October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 15,315,932 tokens. Aave’s official Twitter account is @aave and its Facebook page is accessible here. Aave’s official website is aave.com. Aave’s official message board 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.

According to CryptoCompare, “Aave is a decentralized non-custodial money market protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralized (perpetually) or undercollateralized (one-block liquidity) fashion. The goal of Aave as a protocol is to bring decentralized finance to the masses.Aave protocol has been audited and secured. The protocol is completely open source, which allows anyone to interact with Aave user interface client, API or directly with the smart contracts on the Ethereum network.Aave (LEND) is migrating to Aave (AAVE), please refer to the following announcement.”

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Aave using one of the exchanges listed above.

AAVE/USD price chart by TradingView