The price of AAVE, a decentralized finance (DeFi) token, recently reached its highest level in two years but has since experienced a slowdown in momentum. Market sentiment has cooled due to outside factors such as economic issues and the upcoming election. However, market speculators believe that as long as the token price stays above $110, there is a potential for upward movement. The upcoming weeks will be crucial in determining the future profitability of AAVE. Additionally, experts suggest that DeFi projects like AAVE may be influenced by global macroeconomic factors, including the US election.



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