Big Eyes Coin, Aave and Algorand: Altcoins that can save you from REKT

The effect of the bear market rally isn't completely over. While some major players are recovering steadily, some are still left in ruins of unprecedented price decreases, typical of a bear rally.

Timeline of Aave, Algorand,

The Algorand Foundation is in the news today after it informed its community about the exposure it had to Singapore-based crypto-lender Hodlnaut. The latter is currently facing a liquidity crisis.

Today Aave price analysis shows signs of an uptrend, as the price underwent a further increase in the last 24 hours. The price is on its way towards revival and has recovered up to the $91.56 mark during the day as the bullish trend has gained stability.

According to a tweet by Aave protocol, the plan to compensate Aave company members with $16.28M in retroactive financing for the development of Aave Protocol V3 has been green-lit. Now, the question – Did the community and prospective buyers rejoice in this development?

Algorand Foundation has announced that it has a $35 million USDC exposure in troubled Singapore-based lender Holdnaut. The post Algorand Foundation Discloses $35M Exposure in Hodlnaut appeared first on BeInCrypto.

The Algorand Foundation has $35 million exposure in USDC to Hodlnaut. The post Algorand Foundation has $35 million exposure to troubled crypto lender Hodlnaut appeared first on The Block.

Algorand (ALGO) has always been lauded for its imagination and innovation. Algorand's mainnet update can process as much as 6,000 TPS ALGO beats BTC and ETH when it comes to speedy transactions ALGO price is now up by 6.88% following the announcement of mainnet update And it's now stepping up the game.

A popular cryptocurrency analyst has highlighted potential trading opportunities for the native tokens of two decentralized finance (DeFi) projects, Aave and Compound, as both of these have managed to hold their positions throughout the bear market.

Aave price analysis shows the bulls have set a firm uptrend as prices spike by 3.79 percent in the last 24 hours. The resistance for AAVE prices is present at $ 92.25 while strong support is seen at the $86.06 level.

Algorand has undergone an upgrade which places its Layer 1 protocol as one of the fastest in crypto. Proof of stake network Algorand's upgrade involved making changes in the network's mainnet transaction capacity.

Algorand's [ALGO] mission to leave other blockchain networks behind while processing decentralized and traditional transactions faster has reached another level. In its latest release which a large part of its community considered impressive, Algorand announced that there has been a major upgrade to its mainnet.