How Will AAVE’s CRV Reduction Attempt Affect Its Price?

How Will AAVE’s CRV Reduction Attempt Affect Its Price?

1
The AAVE community is trying to reduce its protocol exposure towards the Curve DAO token.
2
The AAVE coin has faced substantially short liquidation in the last 24 hours.
The AAVE cryptocurrency is built on the Ethereum blockchain and supports ERC20 standards. The project launched its ICO for the first time in September 2020. Aave (LEND) was upgraded to Aave (AAVE) in 2020 to improve its features and capabilities.
The crypto has faced a substantial short liquidation against a long liquidation of $7.92K. It is a bullish sign for the coin. Despite the liquidation of coins, the market cap has declined by 0.72% in the last 24 hours. The volume has declined by 10.00%, resulting in a 0.71% price decline.
The AAVE coin also has a TVL of $4.606B, following a market cap/TVL ratio of 0.20023. This coin’s current circulation in the crypto market is 90.92% of its total supply. AAVE token’s price made an all-time high price of $661.69 in May 2021. The coin is cu

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