Recently Aave just launched new protocol to bringing first ever open source lending protocol that can help to increase Interest rate with decentralization privacy . Lend Token holder to gets decisional power, as governance is ready for user so project can migrate into governance contract, so LEND holding user can vote for smart contracts configuration changes, as with this protocol Aave also launched flash loans feature in which instant loan offer to user without technical knowledge.
Aave project already launched Aave Oracle with help of Chainlink and secured more than 16 cryptocurrency price feeds and it can be deposited and borrowed within Aave Protocol which include Basic Attention Token, Chainlink, Maker, Ethereum, Kyber Netowrk Decentraland, Synthetix network Protocol and more
Lend Coin Price Prediction
Lend Coin recently crossed its 2020’s best price and as most of top cryptocurrency from top 100 list still struggling to get its February 2020 figure, as Lend was reached to $0.036 USD in February, as again it dropped to $0.015 USD and since then it started growing with steady percentage and comparing with today price i.e. $0.041 USD, then it almost hiked by 173% and expected to show more growth in upcoming month, because after lend Coin is work on Ethereum Blockchain which is currently under upgradation with beacon chain and sharding they will going to bring better version of Ethereum who will having PoS. so, this might be possible reason behind sudden growth of Lend, as current daily market cap transaction is worth nearly average at 3.5 million USD. So, we could say Chainlink oracle after partnering with Google cloud making good impact for their partner also.
Lend Coin Price Prediction 2020
|Month & Year||Forecast in USD|
|Ending of May 2020||$0.045 USD|
|Beginning June 2020||$0.031 USD.|
|Ending of June 2020||$0.052 USD|
|July 2020||$0.045 USD|
|August 2020||$0.056 USD|
|September 2020||$0.062 USD|
|October 2020||$0.078 USD|
|November 2020||$0.085 USD|
|December 2020||$0.095 USD|
Read Also: Energi Price Prediction
$0.01 can be possible in the same year, in above prediction we have set per month average price, so If you invested with current average price of $0.40 USD, then can earn upto 121% on your investment, as Aave also launches Rate switching where network suggest to get maximum interest with creating switch between stable and variable rates. As Aave was listed in 2017 and then immediately move upward and sets all-time highest record with $0.44 USD, but during cryptocurrency crash Aave is almost became dead where graph showing no fluctuation and almost straight line in price graph, but new year with addition of new project bringing some momentum into this project and more likely they will consider user voting and make further updating in network.
Aave Price Prediction 2021
|Month & Year||Price Prediction in USD|
|January 2021||$0.078 USD|
|February 2021||$0.097 USD|
|March 2021||$0.102 USD|
|April 2021||$0.94 USD|
|May 2021||$0.78 USD|
|June 2021||$0.131 USD|
|July 2021||$0.156 USD|
|August 2021||$0.273 USD|
|September 2021||$0.328 USD|
|October 2021||$0.535 USD|
|November 2021||$0.65 USD|
|December 2021||$0.568 USD|
Aave.com is itself trading platform to borrow and deposit in almost 16 asset, where current total market size is $52 million USD, in which you have provided total liquidity, total borrowed amount, percentage of user deposit and borrow with record of variable and stable data, in which Dai and USD coin having is on top of the list. So, if they successful for bringing investor into market and somehow able to cross $1 billion worth in future, then they can enter into top 50 list. As Token is also available on Binance, Alterdice, Bilaxy, ExtStock, Uniswap, Gate.io and more other trading platform.
After launch of Aave they also working with Enigma for to solving blockchain problem to create more scalable and they previously know as ETHLEND and also, they have working to bringing data and computational privacy to decentralized lending.
LEND Coin FAQ
- When will LEND cross $1 USD?
Ans: in 2024 or beginning of 2025.
- How Much Lend Worth in 2030?
Ans: $3.5 USD
- Will Lend Reach $10 USD?
Ans: probably in 2040.
|Sticker Symbol||LEND Coin|
|Ranking on coinmarketcap||82|
|Based on||Ethereum Blockchain|
|All time highest||$0.44 USD|
|Trading platform||Binance, Uniswap, Gate.io, HitBtc, Bibox, IDEX, Bilaxy.|