AAVE Moving SidewaysI couldn't help but notice AAVE has been forming sideways movement since its epic pump in early February. We've formed a descending triangle since February and we have not broke to the upside or the downside of this triangle. We've held a solid $300 base support level . If we don't break to the upside we will most likely keep on moving sideways above $300.
Just yesterday AAVE launched a liquidity mining program with the goal of increasing total value locked ( TVL ) attracting more investors to the AAVE lending protocol. AAVE is on track to becoming the dominant decentralized finance (DeFi) lending protocol behind compound finance but still has some way to go.
World renowned billionaire Mark Cuban is an AAVE whale making this one of his biggest alt-coin holdings. AAVE is 78% though it's circulating supply with roughly 3,511,954 more AAVE left to be mined. There's only max supply of 16 million AAVE tokens. Keep AAVE on your radar.
Much peace, love, health, and wealth.