Aave (AAVE) traded up 6.6% against the U.S. dollar during the 24-hour period ending at 8:00 AM ET on July 11th. One Aave token can currently be bought for approximately $93.08 or 0.00157669 BTC on popular cryptocurrency exchanges. Aave has a market capitalization of $1.38 billion and $93.87 million worth of Aave was traded on exchanges in the last 24 hours. Over the last week, Aave has traded 14.8% higher against the U.S. dollar.
Here is how similar cryptocurrencies have performed over the last 24 hours:
- KILT Protocol (KILT) traded down 0.1% against the dollar and now trades at $0.19 or 0.00000319 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 2.2% lower 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 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.
- Lumi Credits (LUMI) traded up 3.3% against the dollar and now trades at $0.0125 or 0.00000021 BTC.
- AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
About Aave
Aave launched on October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 14,871,191 tokens. Aave’s official website is aave.com. The official message board for Aave is medium.com/aave. Aave’s official Twitter account is @aave and its Facebook page is accessible here. 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 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.”
Aave Token Trading
It is usually not 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 Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Aave using one of the exchanges listed above.
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