Aave Surges Over 13% As Other Cryptocurrencies Drop

Aave (Courtesy: Twitter)
Aave (Courtesy: Twitter)

The market saw a drop with most cryptocurrencies saw a steep drop in the last 24 hours barring Aave which registered a massive growth by over 13 percent.

Top crypto Bitcoin dropped by 1.78% to register a price of $11,331 with the market cap of $209,303,122,596 while Ethereum saw a plunge by over 3 percent to be priced at. $379.58. The market cap however for Ethereum is placed at $42,641,654,122.

Meanwhile, XRP, Tether and Bitcoin Cash have also registered fall in the last 24 hours. Chainlink which had been in news for its rapid growth has also dropped by over three percent. While Litecoin and Bitcoin SV have dropped by over four percent mark.

This surge for Aave comes after it surged by over 30 per cent to enter the top 25 cryptocurrencies on Tuesday.

“A few weeks ago I suggested one of the DeFi tokens will get into the Top 25 on CMC before yearend. $LEND is the first to do this. I expect to see at least half a dozen more DeFi tokens achieve this feat before this cycle is over,” Spartan Black had tweeted.