AAVE coin continues with its Bull Run with a 31% surge today: here’s where to buy it  

AAVE coin has gained over 80% since Aave V3 was launched on March 16. The bullish momentum seems to be gaining momentum by the day and today it has surged by more than 31%.

To help investors and traders who want to invest in the AAVE coin, Invezz has created a brief article explaining what it is, where to buy it, and its price prediction.

To find out more, please continue reading.

Best places to buy AAVE

What is AAVE?

AAVE, which is commonly denoted as $AAVE or Aave (AAVE) is the native cryptocurrency of the Aave blockchain protocol.

In a nutshell, Aave is a decentralized finance protocol that allows users to lead and borrow cryptocurrencies. Lenders earn interest by depositing cryptocurrencies into specially created liquidity pools while borrowers access crypto loans from the liquidity loans by depositing other cryptos as collateral.

The name Aave means ‘ghost’ in Finnish. The protocol was initially known as ETHLend when it was launched back in November 2017 before rebranding to Aave in September 2018.

The AAVE token is used as the governance token in Aave and it also allows holders to get discounted fees on the platform.

Should I buy the AAVE today?

If you want to invest in a crypto lending protocol cryptocurrency, then AAVE could be a good choice.

Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.

Aave price prediction

Crypto market analysts forecast that the price of $AAVE shall get back above $300 by end of April if it continues on the same positive trajectory, especially due to the impact of the Aave V3 launch.

$AAVE social media coverage