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DeFi Tokens Aave, Lido Rally Alongside Ethereum Recovery

From decrypt.co

Several Decentralized Finance (DeFi) cryptocurrencies including Aave (AAVE), Uniswap (UNI), Lido Finance (LDO), and Curve (CRV) have posted significant gains over the past 24 hours. AAVE, the native token of the popular cryptocurrency lending platform Aave, has jumped over 10% over the past 24 hours and is currently trading at just over $69, according to data from CoinMarketCap. Recently, Aave has proposed plans for launching its own collateralized stablecoin, a key reason behind this specific asset’s bullish moves. UNI, the token behind Uniswap, has also gained 2.1% over the past 24 hours. The DeFi token enjoys a ... (full story)

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  • Category: Fundamental Analysis