A popular crypto analyst has issued a warning about Aave (AAVE), a top decentralized lending protocol built on Ethereum (ETH).
The trader Ali Martinez tells his 98,500 followers on the social media platform X that social volume and positive sentiment around Aave’s native token are skyrocketing.
“With the crowd’s growing focus on AAVE, a brief pullback might be on the horizon, as markets often move against popular sentiment.”
AAVE, the 34th-ranked crypto asset by market cap, is trading at $384.85 at time of writing.
Turning to Litecoin, Martinez says that LTC is “irrelevant, both fundamentally and technically.” The analyst argues that Litecoin hasn’t added anything significant to the…
