Let's talk about why AAVE has been so popular lately
In simple terms, AAVE is currently so popular mainly because it has 'mines at home'—the money locked inside (TVL) is even more than during the last bull market, but its price is only over $300, which is much cheaper than the $670 during the last bull market. It's like a discounted product, quite a bargain.
Moreover, even a fund from the Trump family (WLFI) has bought AAVE, which is like a big star endorsing a product, making it instantly popular. We've talked about this before, so I'm not surprised that AAVE's price has gone up.
However, that being said, AAVE's price increase is nearing its peak, as it has already risen to $390 today, and it will be difficult to go higher. So, if you have AAVE in hand, selling now might be a good opportunity, and you can buy back when the price corrects.
As for me, I plan to buy again when it drops to above $350, such as when it hits $355. After all, who doesn't want to buy good things at a cheaper price?
Although the overall market isn't doing well, and other cryptocurrencies are falling, AAVE is soaring, which makes me a bit worried. Therefore, I plan to wait for a correction before making my move.
Additionally, I have also bought Uni and Puffer from the Ethereum ecosystem; although these two haven't risen as quickly as AAVE, they are still decent and steady.
In a bull market, we must seize opportunities, but we shouldn't act recklessly. If you want to make money and recoup your investments, join me in strategizing and looking for good opportunities! I will use my experience to help you make money and make the bull market easier!
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