Maker, ApeCoin & Aave — Asian Wrap 11 August


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Maker price left a mark on the investors after charting respectable growth last month. Since then, the altcoin has been observing some decline which ended over the past 24 hours, but despite the good performance, the project seems to be losing users’ interest, making it difficult to attract new investors.

ApeCoin price is a saga of disappointing red candlesticks followed by some stability that eventually turned into another set of red candlesticks. The altcoin has been unable to note a recovery in the past few weeks, and the consequences are beginning to show.

Aave token holders have reacted to the recent exploit in the Curve Protocol with a governance vote, proposing to minimize the network’s exposure to CRV liquidation. After the hack, Curve founder Michael Egorov was on the brink of liquidation, having invested 34% of CRV’s total market capitalization to borrow at least $63 million.

#Maker #ApeCoin #Aave #Asian #Wrap #August

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