DeFi Boom Lifts AAVE: Technical Charts Point to 135% Price Rally

The post Contradictory Claims Surround Altcoin Said to Earn $2.79 Billion – Founder Confirms, but Problems Appear to Exist appeared on BitcoinEthereumNews.com. The claim that “Aave will receive 7% of the WLFI token supply,” which is trending in the cryptocurrency market, was denied by the WLFI team, according to Wu Blockchain. Speaking to WuBlockchain, the team stated that this information was “false and unfounded.” The allegations emerged after a community member posted on the X platform. The post referenced a previously published proposal suggesting that AaveDAO would receive 20% of the protocol fees generated from WLFI Aave v3 and approximately 7% of the total WLFI supply. Following these discussions, Aave founder Stani.eth responded “yes” to the question in a comment on X, claiming that an agreement had been reached, and described community rumors as the “art of the agreement.” According to the rumors, Aave’s alleged 7% token share is valued at approximately $2.79 billion. For comparison, AAVE’s current fully diluted market capitalization (FV) is $5.9 billion. At the time of writing, AAVE is trading at $354, a 7.5% increase in the last 24 hours. AAVE’s total market capitalization stands at $5.3 billion. Chart showing the rise in AAVE price over the past week. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/contradictory-claims-surround-altcoin-said-to-earn-2-79-billion-founder-confirms-but-problems-appear-to-exist/

While Ether (ETH) is reaching new highs with a surge of more than 25% in August, investors wonder: are we witnessing a lasting consolidation or just a rebound before a correction? Driven by ETF inflows and a favorable macroeconomic climate, ETH is once again attracting institutional investors. However, history tempers optimism. Since 2016, every August rally has been followed by a bearish September. Will the current euphoria mark a break or will it reactivate the market's seasonal mechanics? L’article Ethereum Jumps 25% in August, but History Warns of a Risky September est apparu en premier sur Cointribune.

Bitcoin’s wild swings have investors on edge. After hitting a fresh all-time high just last Thursday, BTC has already dropped over $10,000 in a single week, leaving traders scrambling for stability. Analysts point to a slowdown in demand across the market as the main culprit. Meanwhile, Dogecoin, once the darling of meme traders, is also […]