Decentralized finance (DeFi) lending protocol Aave’s token AAVE gained 84% since the V3 upgrade on March 16, which included improvements in security, decentralization, blockchain interoperability, and risk management. It also led to lower transaction fees.
Look no further than this short article for all the details about AAVE: what it is, is it worth investing in, and the best places to buy AAVE now.
Top places to buy AAVE now
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World's longest-standing crypto exchange. Since 2011 Bitstamp has been providing a secure and reliable trading venue to over four million individuals and a range of institutional partners.
What is AAVE?
AAVE is a crypto lending protocol with a few unique selling points. You can choose from around 20 cryptos to borrow and lend in, a wide range.
One of the protocol’s first products was “flash loans,” considered the flagship uncollateralized loan option in DeFi.
Borrowers can also alternate between variable and fixed interest rates. The former can be beneficial if you think prices will drop. The latter can ensure much-needed certainty about costs during volatile times.
Should I buy AAVE today?
Aave may be among the top gainers in the past 24 hours, but it’s still very far away from its all-time high of $661.69, reached in May last year. This is why it’s important to do your own research.
Any investment decision you make should be based on your market expertise and your attitude to risk.
AAVE price prediction
Wallet Investor makes a deeply bearish prediction: the price of AAVE could drop from $240 to just $10.5. Up to Brain begs to differ. According to the expert, AAVE will reach $366 by the end of 2023.
AAVE on social media
Is now ready for take off!
Target 1 :- $2488
Target 2 :- $3297 pic.twitter.com/XqNuBgYPBB
— Altcoin Eddie (@TheFly_Investor) March 29, 2022