Aave Reaches One Day Trading Volume of $115.32 Million (AAVE)

Aave (AAVE) traded up 0.6% against the dollar during the 24 hour period ending at 21:00 PM Eastern on October 20th. One Aave token can now be purchased for $158.28 or 0.00228577 BTC on popular cryptocurrency exchanges. Aave has a total market cap of $2.37 billion and $115.32 million worth of Aave was traded on exchanges in the last day. During the last week, Aave has traded up 2.5% against the dollar.

Here’s how other cryptocurrencies have performed during 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 8.9% higher 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.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0801 or 0.00000115 BTC.
• P2P Solutions foundation (P2PS) traded up 4.2% against the dollar and now trades at $177.72 or 0.00256649 BTC.

About Aave

Aave launched on October 2nd, 2020. Aave’s total supply is 16,000,000 tokens and its circulating supply is 14,956,133 tokens. Aave’s official website is aave.com. Aave’s official message board 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.”

Buying and Selling Aave

It is usually not presently possible to buy alternative cryptocurrencies such as Aave directly using U.S. dollars. Investors seeking to trade Aave should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. 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