Huo Xing Cai Jing reports that, as of September 29, according to market data, AAVE rose above $170 and is currently trading at $172.37, up 16.17% in the last 24 hours. Today’s report states that the founder of Aave has announced they are considering incorporating a token burn mechanism into Aavenomics 3.0.
AAVE Surpasses $170, 24-Hour Gain Exceeds 16%
MarsBitShare
Summary
AAVE reached $172.37 on September 29, surpassing $170 with a 24-hour gain of 16.17%. On-chain data reveals increased buying pressure during the rally. The Aave founder noted that the team is exploring a token burn mechanism for Aavenomics 3.0. On-chain analysis shows growing activity across key DeFi platforms.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.