Aave (AAVE) Price Tops $387.34 on Exchanges

Aave (AAVE) traded up 4.7% against the dollar during the 24 hour period ending at 13:00 PM Eastern on December 16th. One Aave token can currently be purchased for about $387.34 or 0.00362082 BTC on popular exchanges. Over the last seven days, Aave has traded 44.2% higher against the dollar. Aave has a market capitalization of $5.82 billion and $1.42 billion worth of Aave was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 3.8% against the dollar and now trades at $106,635.66 or 0.99680789 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.7% higher against the dollar and now trades at $106,056.28 or 0.99139195 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 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 15,014,844 tokens. Aave’s official Twitter account is @aave and its Facebook page is accessible here. Aave’s official website 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 presently possible to buy alternative cryptocurrencies such as Aave directly using US dollars. Investors seeking to acquire Aave should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Aave using one of the aforementioned exchanges.

AAVE/USD price chart by TradingView