- Litecoin Reaches 75 Million Circulating Supply
- Aave Regains $20 Billion in Net Deposits
- FXGuys: Redefining Trading with Trade2Earn Rewards
Litecoin recently reached a milestone, and DeFi protocol Aave regained significant net deposits. Further details on these achievements are provided below.
Litecoin Reaches 75 Million Circulating Supply
In September 2024, Litecoin hit a major milestone, with its circulating supply reaching 75 million tokens. This reflects growing mining rates and adoption. The increase in supply can impact Litecoin's market sentiment, improving liquidity and trading volume. However, if supply outpaces demand, LTC’s price may decline. Currently, LTC is trading around $66 after a 3% bullish rally over the week. As Litecoin approaches its maximum supply of 84 million tokens, scarcity may drive up demand and possibly its value.
Aave Regains $20 Billion in Net Deposits
DeFi protocol Aave, one of the largest in the sector, has regained over $20 billion in net deposits following a recent market recovery. With total value locked (TVL) on Ethereum reaching $12.5 billion, Aave’s overall TVL across 13 chains now stands at $20.53 billion. Aave also maintains more than $7.5 billion in active loans backed by excess collateral, ensuring stability and security. The AAVE token has been performing well, surging to $177. Analysts anticipate a potential breakout above the $200 mark, driving further token value increases.
FXGuys: Redefining Trading with Trade2Earn Rewards
FXGuys is a decentralized brokerage offering the unique Trade2Earn program, allowing traders to earn $FXG tokens for every trade made. This sets FXGuys apart from other TradeFi and PropFi platforms. Additionally, FXGuys provides numerous integrated features to enhance the user experience. The $FXG token can be used for governance participation, platform fees, and purchasing exclusive trading challenges.
Litecoin and Aave continue to make significant strides in the cryptocurrency market. The FXGuys trading program also captures attention with its innovative reward system.
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