Maker, Aave, Curve- Key information for emotionally intelligent investors - Aliens: AI Crypto News & Markets Updates
Logo
Logo

Feed

Coins

About

Latest

Bitcoin

Ethereum

NFT

Gaming

Policy

Blockchain

Altcoins

Maker, Aave, Curve- Key information for emotionally intelligent investors

PublisherPublisher
AMB Crypto

Sat, Jul 02, 2022

Banner

Aliens TLDR

Leading DeFi protocols, such as Maker [MKR] , Aave [AAVE] , and Curve [CRV] , have witnessed a decline in their Total Value Locked (TVL) over the last few months.

At $2,085 per MKR token at the beginning of April, the crypto market bloodbath in the last three months has imposed a 57% decline on this token.

Within the period under review, the token’s market capitalization also registered a decline from $2.04 billion to $871 million by press time.

Exchanging hands at $56.52 per AAVE token at the time of press, the token fell from a high of $206 recorded at the beginning of April.

The token’s market capitalization also fell from a high of $1.23 billion to $406.62 million within the same period.

Within the last three months, the number of new addresses created on the MKR network registered a high of 260 on 11 May. Since then it has taken on a steady decline.

Standing at 100 at press time, a 61% drop in new addresses has been posted since May. Within the same period, the transaction volume for the token rose gradually to mark a high of 198,000 by press time.

Interestingly, AAVE also saw a high of 446 in the number of new addresses created on its network in mid-May. However, following in the footsteps of MKR, this went on to decline by 59% by press time.

Read full article on Aliens appRead from Original Source

The best experience is on the app

Everything happening in the crypto world, in real time

app

Recommended Stories

Article list item background

Litecoin falls beneath a bullish order block, could $40 be next target

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Just a week ago, Litecoin [LTC] rallied to the $61 level but faced rejection there. This was a bearish development, especially for long-term investors. The market structure continued to remain bearish, and […]
AMB Crypto
·

Jul 3

Altcoin

Recommended Stories

Article

AAVE traders have this in store for coming days after bearish pennant’s…

Article

Assessing the odds of The Sandbox [SAND] falling below $1 mark

Article

Axie Infinity: Risk would be to buy range lows with a stop-loss at…

Article

Stellar: Factors that didn’t play in favor of XLM’s rally despite…

Article

Bitcoin, Ethereum and Altcoins Present Signs of Incoming Price Turnaround; Here’s When

Article

BTC, SOL and AVAX Price Analysis for July 2

Article

3 Reasons Why Bitcoin Might Retrace in Upcoming Week and Reach $22,000

The best experience is on the app

Download app to discover exclusive content, live market updates and more.

Get smarter and richer with the Aliens Crypto Digest

Stay informed and entertained, for free.

Follow Aliens

Advertise