The AAVE token fell significantly, dropping from approximately 385 USD to a low of 339 USD before slightly rebounding. This drop occurred on the heels of social media rumors.
The World Liberty Financial team declared the circulating rumors false, specifically denying the claim of allocating 7% of the WLFI token supply to Aave.
This situation unfolds amidst a renewed interest in DeFi, with increasing institutional involvement in the cryptocurrency market.
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