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TheNewsCrypto

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Is the Next Big Breakout for AAVE Around the Corner After a 21% Jump?

  • AAVE, the cryptocurrency, has experienced a surge of over 21% in price and a 94% increase in daily trading volume.
  • Aave DAO has proposed a governance update to improve AAVE tokenomics and liquidity protocol management.
  • The approval of the proposal will trigger the implementation of the updates, which could lead to further price gains for AAVE.
  • The short-term trend for AAVE is bullish, but the overall momentum is weak, with the possibility of a drop if buying pressure weakens.

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