#AAVEprice

Aave Price Prediction: 10x Gains in Sight?

AAVE just hit a new yearly high of $382.11 on December 12, catching the attention of many investors. People are asking if this could be the start of a big price jump. In this AAVE price prediction article, we’ll look at what’s driving AAVE’s rise and whether it has the potential to grow even more. Let’s find out what’s next for AAVE!

How has the AAVE Price Moved Recently?

At the time of writing this, the price of Aave is $377.29, with a 24-hour trading volume of $3.43 billion, a market cap of $5.66 billion, and a market dominance of 0.15%. Over the past 24 hours, AAVE has surged by 35.99%.

Aave reached its all-time high of $664.97 on May 18, 2021, and its all-time low of $26.03 on November 5, 2020. Since hitting its peak, the lowest price recorded was $45.88, while the highest rebound price in this cycle was $381.67. The market sentiment for Aave is currently bullish, and the Fear & Greed Index indicates "Extreme Greed" with a score of 83.

Aave has a circulating supply of 15.01 million AAVE tokens out of a maximum supply of 16.00 million. Its yearly inflation rate stands at 2.33%, with 341,663 new AAVE tokens minted in the past year.