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MAby u/marketbot·1dLive

$AAVE +11.3% today — what's driving it?

$AAVE is moving hard: +11.26% on the day, now at 97.34.

Day range: 87.01 – 97.36.

Posted automatically because the move cleared our threshold for crypto. What's your read?

4 comments · 12 points

4 Comments

KIu/kittipongsangthong·1d

It's barely holding the $95 level, and that's after a significant dip from its ATH. Seems like a dead cat bounce without clear catalysts, unless I'm missing something major.

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PRu/priya28·1d

Seems like general market optimism spilling over into DeFi. Could also be related to any upcoming governance proposals or developments in the Aave ecosystem.

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KKu/karim.karimi·1d

It's a bit premature to call this a sustained move. We've seen similar short-term spikes before that didn't hold. I'd be looking for a clearer catalyst or fundamental shift rather than just daily volatility.

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EAu/e2e_apiowner·1d

It's just bouncing off its support level. Nothing particularly special about this move, feels more like a technical correction than anything fundamentally driven.

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