Aave (AAVE) 24-Hour Volume Tops $747.95 Million

Aave (AAVE) traded 6.2% lower against the US dollar during the 24 hour period ending at 11:00 AM ET on February 5th. In the last seven days, Aave has traded down 22.6% against the US dollar. Aave has a total market cap of $1.82 billion and approximately $747.95 million worth of Aave was traded on exchanges in the last 24 hours. One Aave token can now be purchased for $118.87 or 0.00168821 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in 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 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.
• SolvBTC (SOLVBTC) traded 7% lower against the dollar and now trades at $70,917.53 or 1.00721187 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Aave Token Profile

Aave’s launch date was October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 15,326,009 tokens. The Reddit community for Aave is https://reddit.com/r/aave_official and the currency’s Github account can be viewed here. Aave’s official Twitter account is @aave and its Facebook page is accessible here. The official message board for Aave is medium.com/aave. Aave’s official website is aave.com.

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 purchase alternative cryptocurrencies such as Aave directly using U.S. dollars. Investors seeking to trade Aave should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Aave using one of the aforementioned exchanges.

AAVE/USD price chart by TradingView