Aave Market Analysis 24 Dec 2021
As part of my attempt at aping into projects, I’ve stumbled upon a good candidate: Aave. Let’s take a look at its fundamentals. Mid term price action First, Aave token was launched in 2017 actually in an ICO. Its price stagnated for a long time before breaking through to $34 on 19th Oct 2020 (what happened there?). Subsequently, like many other alts, it rose to prominence during Defi Summer and beyond. In May crash this year, it dropped from a height of $600 to $192, and has made steady recoveries since then. ...