Aave 24 Hour Volume Hits $122.43 Million (AAVE)

Aave (AAVE) traded 3.1% lower against the US dollar during the one day period ending at 17:00 PM Eastern on October 23rd. One Aave token can now be bought for about $148.12 or 0.00222995 BTC on major exchanges. In the last seven days, Aave has traded down 5.4% against the US dollar. Aave has a market cap of $2.22 billion and $122.43 million worth of Aave was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher 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.
• MVP Coin (MVP) traded 0% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded down 4.9% against the dollar and now trades at $162.12 or 0.00244078 BTC.

About Aave

Aave was first traded on October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 14,958,115 tokens. Aave’s official Twitter account is @aave and its Facebook page is accessible here. The official website for Aave is aave.com. 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.

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 possible to buy alternative cryptocurrencies such as Aave directly using US dollars. Investors seeking to trade Aave should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Aave using one of the exchanges listed above.

AAVE/USD price chart by TradingView