Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
DeFiance Capital founder: AAVE is close to the cycle high, which may be driven by institutional funds

DeFiance Capital founder: AAVE is close to the cycle high, which may be driven by institutional funds

CointimeCointime2024/12/24 05:55
By:Cointime

Arthur Cheong, the founder and CEO of DeFiance Capital, posted on X stating: "Despite the overall market weakness, AAVE's price is close to its cycle high. This may be institutional funds buying in order to claim holdings of Aave in their year-end reports, as it is one of the best-performing DeFi assets and an important representative of the future of finance."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

India’s Finance Ministry Explores DeFi’s Impact

This paper identifies key vulnerabilities within the crypto ecosystem, including stablecoins and DeFi.

Cryptotimes2024/12/25 18:33

ORDI falls below $27

Cointime2024/12/25 17:11