Aave Price today is $287.58 - Aave exchanges, Aave Price prediction, market live
Aave Price today is $287.58 - Aave exchanges, Aave Price prediction, market live
Buy / Sell Aave- Aave (AAVE)
- Live Price $287.58
-
24h %
-0.17%
- Market Cap $4.38 B
- Volume $734.69 M
- ATH $661.69
- High 24H $293.38
- Low 24H $278.71
- Available Supply 15.20 M AAVE
- Rank 38
Aave 24 high and low Price
About Aave
Aave is a decentralized money market protocol where users can lend and borrow cryptocurrency across 20 different assets as collateral. The protocol has a native token called AAVE, which is also a governance token that lets the community decide the direction of the protocol in a collective manner. Lenders can earn interest by providing liquidity to the market, while borrowers can borrow by collateralizing their crypto assets to take out loans from the liquidity pools.
Aave Price Prediction
According to Aave price prediction, Aave has made the entire system relatively easy and comprehensible to a common man putting his money-related worries at rest.
With a plethora of innovations planned ahead, the market curve has all positive indications for Aave. Aave is listed on various noted exchanges like Binance, Coinbase, and OKEx.
While some experts have an optimistic view on Aave price, stating the coin may outperform its rival cryptocurrencies, others hold their cards close to their chest.
The price predictions of various experts do not deter the coin from outperforming the rival coins by any means. The current price of Aave stands around $146.32 with a market capitalization of $1,952,817,652.22 with a trading volume of $305,349,990.34.
Aave community has set higher benchmarks for itself, notwithstanding. Aave shall surpass the expectations of all cryptocurrency investors who have found this platform extremely interactive and uncomplicated.
Before diving into an AAVE price prediction, let us first ask: how does Aave work?
The whitepaper states: “The birth of the Aave Protocol marks Aave’s shift from a decentralized P2P lending strategy (direct loan relationship between lenders and borrowers, like in ETHLend) to a pool-based strategy. Lenders provide liquidity by depositing cryptocurrencies in a pool contract.
“Simultaneously, in the same contract, the pooled funds can be borrowed by placing collateral. Loans do not need to be individually matched, instead, they rely on the pooled funds, as well as the amounts borrowed and their collateral. This enables instant loans with characteristics based on the state of the pool.”
Now the foundational principles backing this protocol have been covered, let’s take a look at the coin’s history, and what forecasters predict might happen to the coin in the future.
AAVE continued to grow as 2021 began, passing the $100 barrier in the first few days of January and rocketing to $506 on 5 February 2021
Aave Price Prediction for 2027 (5 years from Now)
Even though other major crypto giants seem to be getting social media hype, Aave will indeed steadily show a positive pattern, constantly rising, and the upcoming years will be one of the best periods for Aave with price predictions of a minimum of $800 for sure.
We can piece together a realistic future price prediction by at least 2025. Currently Aave has been deployed across Fantom, Avalanche, Harmony networks, and Ethereum’s leading Layer 2 arbitrums known as Optimism and Polygon.
The token is gaining popularity among investors, and the AAVE price prediction is set to soar to an average price of $181 by the end of this year (2022).
It has a circulating supply of 13,915,774 AAVE coins and a max. supply of 16,000,000 AAVE coins.
If you would like to know where to buy Aave at the current rate, the top cryptocurrency exchanges for trading in Aave stock are currently Binance, OKX, OKX, and CoinDCX.
Aave Exchanges
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Aave Price chart
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