AAVE Price Set to Hit $430? Trump-Linked Project Invests Again
Aave (AAVE) has attracted great attention from investors and institutions due to its impressive performance. Amid this growing interest, World Liberty, the Trump family’s cryptocurrency project, has made another significant investment in AAVE.
World Liberty invests in AAVE
On December 14, 2024, a blockchain social media platform shared a report that World Liberty spent 662,630 USDC to purchase 1,842.532 AAVE through Cow Protocol. At this point, World Liberty’s total holdings soared to 5,886 AAVE, worth nearly $2.27 million.
However, this is the third noteworthy purchase trump card The home encryption project was completed within the past three days. It started on December 12, when they invested 1 million USDC in AAVE. On December 13, they invested 246,722 USDC to buy AAVE and have now spent 666,630 USDC.
Recent investment in AAVE has resulted in a massive 30% price increase over the past three days. Additionally, the investment has the potential to further drive AAVE price, similar to the upward momentum the community has seen recently.
According to expert technical analysis, AAVE appears bullish and has strong support from investors. There is a good chance that it will surge by 12% in the coming days to reach the next resistance level at $430.
Current Price Momentum
Currently, AAVE is trading near $380, with the price surging more than 1.1% in the past 24 hours. However, its trading volume fell by 40% during the same period, indicating that trader and investor interest was lower than the previous day.
