AaveTicker: aave
B+Crypto Asset Rating
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 cryptoassets to take out loans from the liquidity pools.
The current price of Aave is $110.88 a DECREASE of -0.74% from yesterday’s price.
In May 2021 the price of Aave reached an all-time high of $661.69. Alternatively the coin traded at an all time low of $26.02 in November 2020.
Aave Price Prediction
Short Term Price Target
LOW |
HIGH |
$2.96 |
$130.02 |
Long Term Price Target
LOW |
HIGH |
$35.1 |
$240.07 |
Current Price: $110.88
What is Aave Short Term Price Estimate?
The Aave price is expected to trade between 2.96 and 130.02 in the upcoming 3-6 month period.
What is the Aave Long term price estimate?
The Aave price estimate for 2025 is expected to be between 35.1 and 240.07
How are price predictions made?
The Digital Farmland team has used predictive algorithms to determine the price predictions based on a unique combination of financial technicals and social sentiment signals. These are highly speculative and you should do your own research.
Analyst Ratings
--- B+
There is better than average tokenomics for Aave the token is highly liquid, with many users and exchanges. The contract also shows signs of strength and stability through efforts to keep investors funds safe over the long term.
Bears Say:
It’s difficult to see Aave in the market long term. Their market share, utility, and overall roadmap plans don’t appear to be as strong as it’s competitors.
IMPORTANT
None of the information you read on Digital Farmland should be taken as investment advice. Our content, writers, and journalists’ opinions are solely their own. Cryptocurrency is highly volatile, full of scams, and risky.
We do our best to bring to light potential scams and gauge the risk of digital asset investments. But we too have been scammed and part of rug pulls. Even projects with great intentions and transparency fail due to third-party scammers or regulatory pressures. Even with all the scams and risks we still very much believe in the future of this new digital world. Please be careful and do your own research!