šĀ $AAVE Absolutely Crushing ItāBut Is It Worth the Hype?......Alright frens, buckle up because AAVE is on fire! š„Today alone, itās up 25% with a jaw-dropping daily trading volume ofĀ $1.98 billion (+74% DoD). Zoom out, and youāll see AAVEās been flexing hard this December, up 81% since the month started. And on the weekly charts? Itās been climbing steadily since breaking through that toughĀ $142Ā resistance. šļø
But letās ask the big question: Is this pump legit or just the crypto FOMO train? š¤
Hereās the tea onĀ #AAVE ās year-to-date performance:
š TVL (Total Value Locked):Ā $6.5B at the start of 2024 āĀ $19.2B now. Thatās not just a jump; thatās a catapult. š
š„ Daily users, transactions, and fees: All on the up. AAVEās been raking in overĀ $1MĀ in fees daily since Q3/2024 began.
šø Net deposits & active loans: Both at all-time highsāa whoppingĀ $34BĀ andĀ $14B, respectively.
Oh, and did we mention those massive partnerships? Because yeah, theyāre a thing too.
So, is this surge justified? Thatās for you to decide! With numbers like these, AAVEās definitely making a case for itself. But as always, this is cryptoāproceed with caution, DYOR, and maybe keep a snack handy. Watching these charts is hungry work. š Ā #CryptoLife #BullRun Ā #DeFi