Crypto Trader Says One DeFi Altcoin Is an ‘Absolute Steal’, Updates Outlook on Compound and Axie Infinity

Crypto Trader Says One DeFi Altcoin Is an ‘Absolute Steal’, Updates Outlook on Compound and Axie Infinity


A popular crypto trader says that the native asset of the lending and borrowing platform Aave (AAVE) may surge to around $300 by the second quarter of 2023.

Altcoin Sherpa tells his 182,700 Twitter followers that buying AAVE as it trades sideways could be an absolute steal given the huge upside potential.

“AAVE: Eventually this is going to be an absolute steal at these prices. 

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-Most of the emissions are out already/not much more sell pressure relatively

-Huge TVL [total value locked] still

-Still one of the best bluechip DeFi [decentralized finance] coins

-Long history of being battle tested.

Wait for consolidation.”

Source: AltcoinSherpa/Twitter

At time of writing, the decentralized finance (DeFi) altcoin is changing hands for $88.30, up 2% on the day.

He says

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