Aave Token Drops 18% Amid Governance Dispute, Outperforming Sell-Off in Mainstream Cryptos

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Aave token fell nearly 18% in a week, the worst performer among top 100 altcoins to watch. The sell-off came amid a governance dispute over brand and domain control. A major holder sold 230,000 AAVE tokens, triggering a 10% intraday drop. Founder Stani Kulechov bought $12.6 million in AAVE, but market sentiment remained bearish. Bitcoin and Ethereum held steady, showing the pressure is Aave-specific.
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