Aave (AAVE) has seen a surge in price, breaking through the $300 mark for the first time in over three years. This has reignited interest in the altcoin, with analysts setting a bold $1,000 target. Data shows that AAVE's "Mean Dollar Invested Age" has dropped significantly, indicating that large holders are selling off their tokens after long periods of inactivity. This has led to previously dormant tokens re-entering circulation and boosting bullish sentiment and price growth. AAVE has experienced impressive returns for active traders, with a 33% return over the last 30 days and a 109% return over the past year. The surge has pushed AAVE's market value to $4.96 billion and its price to $331.08. Crypto analyst Poseidon has predicted that AAVE could reach $1,000 per token, pointing to a strong bullish trend and a breakout in the price. Technical indicators also suggest continued growth for AAVE. However, readers are advised to exercise caution and do their own research before making any investment decisions.



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