AAVE Price Targets $100 Comeback as DeFi Lending Hits $8.22 Billion

Quick Summary:

While most of the major altcoins leveraged the bullish sentiment to extend north march, the AAVE price underperformed and reverted below the $100 floor.

Since mid-July, the cryptocurrency market has showcased high recovery momentum following a Bitcoin rally past $65k.

This horizontal support since October 2023 remains a high accumulation zone for crypto buyers, boosting the coin value by 50% to hit $106.8 high.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: India

Topics: Price Analysis Aave Price Analysis Aave

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 15:28:01 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 360 words

Reading Time: 2 minutes read

Sentences: 41 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21753044

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 42 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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Publisher ID: #59

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