Aave Price Surges 28% After Trump Family’s WLFI Buys $1M AAVE With USDC, While Traders Pivot To This V2E Crypto For Exponential Gains
The Aave price surged 28% in the last 24 hours to trade at $353.80 as of 02:23 a.m. EST on trading volume that jumped 28% to $2 billion. This comes as crypto wallets connected to the Trump family-supported World Liberty Financial (WLFI) project purchased millions of dollars worth of various major tokens. Data shows that WLFI purchased $1 million in AAVE tokens using USDC. This acquisition was made alongside $1 million in LINK tokens and $10 million worth of Ethereum (ETH). Aave Price Currently On A Sustained Bullish Trend The 4-hour chart for AAVE/USD showcases a parabolic upward curve, a hallmark of exponential AAVE price growth. This parabolic move was initiated after a consolidation period near $266–$288, depicted by the purple rectangular region, according to data from GeckoTerminal . Following the consolidation, the price decisively broke out, gaining momentum to reach $353.80, a significant rally. The 50-day Simple Moving Average (SMA) and the 200-day SMA are both slop...