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Uniswap (UNI), Chiliz (CHZ), and AAVE Among Top Trending Crypto Assets: Here's Why

Mary-Kate Olsen
Mary-Kate OlsenOriginal
2024-10-11 18:58:23645browse

Bitcoin’s surge past $60k has renewed interest in altcoins, with Uniswap (UNI), Chiliz (CHZ), and AAVE emerging as top trending assets.

Uniswap (UNI), Chiliz (CHZ), and AAVE Among Top Trending Crypto Assets: Here's Why

Altcoins have been surging in popularity as Bitcoin’s price continues to rise, with Uniswap (UNI), Chiliz (CHZ), and AAVE emerging as some of the top trending crypto assets.

According to data analytics firm Santiment, these cryptocurrencies are generating interest due to various developments within their ecosystems, ranging from airdrops to new integrations and network launches.

Here's a closer look at each project's recent developments and their impact on their respective token prices.

Chiliz (CHZ) Airdrop Generates Excitement

Traders are buzzing with anticipation for the $PEPPER airdrop on the Chiliz ecosystem, which has sparked a surge in interest in CHZ. To qualify for the new tokens, CHZ holders must stake a minimum amount, increasing project interest in the process.

This development has also contributed to a significant price change for CHZ. Over the past week, the token experienced a 14.08% rise, though it faced a 7.72% drop on the last day. At press time, CHZ trades at $0.06884, with a daily trading volume of $289,498,791, as reported by CoinGecko.

AAVE Integrates with World Liberty Financial

AAVE has garnered traders’ interest with its integration with World Liberty Financial, a project linked to the Trump family. This collaboration will see the Aave v3 protocol on the Ethereum blockchain utilized to enhance the accessibility of borrowing and lending services within the decentralized finance (DeFi) space.

CoinGecko currently lists AAVE's price at $141.34, with a daily trading volume of $322,610,739. AAVE's price has experienced a slight 0.59% decrease over the last 24 hours, while also seeing a 5.89% decrease over the past week.

Uniswap (UNI) Surges with Unichain Launch

Uniswap's UNI token has seen a surge in trade activity following the launch of Unichain, a new Layer-2 network. This development has led to increased trade volumes and a rise in the token's price as traders engage with the platform's latest offering.

CoinGecko reports UNI's current price at $8.05, indicating a 5.45% increase in the last 24 hours and a significant 19.32% rise over the past week. The token's trading volume during this period reached an impressive $1,024,927,306, showcasing strong market participation.

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