Aave (AAVE) Tops 24 Hour Trading Volume of $215.33 Million

Aave (AAVE) traded 5.5% higher against the dollar during the twenty-four hour period ending at 7:00 AM ET on August 31st. Aave has a total market capitalization of $1.98 billion and $215.33 million worth of Aave was traded on exchanges in the last day. Over the last week, Aave has traded 4.2% lower against the dollar. One Aave token can now be purchased for approximately $132.39 or 0.00223769 BTC on exchanges.

Here’s how similar 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.
• 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.
• MVP Coin (MVP) traded down 5.6% against the dollar and now trades at $0.0505 or 0.00000085 BTC.
• 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 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 14,925,955 tokens. Aave’s official Twitter account is @aave and its Facebook page is accessible here. 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. Aave’s official website is aave.com.

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 U.S. dollars. Investors seeking to trade Aave should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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