Trump-Linked World Liberty Financial’s Purchases Induce Searing Hot Rally In Aave And Chainlink
Aave and Chainlink were the biggest cryptocurrency gainers on Thursday following significant purchases from President-elect Donald Trump-backed project, World Liberty Financial.
What happened: AAVE topped the gainers list, leaping over 19% in the last 24 hours to its highest value since Sept. 2021. The coin’s trading volume popped 146% to $2.38 billion, while its market valuation topped $5 billion.
AAVE is the native cryptocurrency of the renowned decentralized lending protocol, Aave, which has over $22 billion in total value locked, per data from DeFiLlama.
A noted cryptocurrency trader, Alex Clay, stated that AAVE was going “according to the plan.”
“Now looking for some correction below the major supply zone and then breakout of the one,” he added.
| Cryptocurrency | Gains +/- | Price (Recorded at 9:30 p.m. EDT) |
| Aave (CRYPTO: AAVE) | +19.24% | $361.60 |
| Chainlink (CRYPTO: LINK) | +17.26% | $28.41 |
Similarly, LINK soared over 17%, also to a 3-year high, while its volume exploded by 222% over the last 24 hours. …
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