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Two new cryptocurrencies, Aave (AAVE/USD) and Tezos (XTZ/USD) have been added to the trading platform of Robinhood Markets.
Aave is a decentralized finance (DeFi) protocol that allows users to borrow real-world assets and the capacity to lend cryptocurrency in exchange for interest, creating a decentralized lending system.
Decentralized applications (dApps) and other kinds of assets can be produced using the open-source Tezos platform.
The Robinhood Markets Listing as a catalyst for growth
The most recent cryptocurrency news was provided on Twitter on October 24, 2022, by Robinhood.
They essentially announced that Aave and Tezos became listed on Robinhood.
In essence, any platform user can buy and sell tokens on the platform.
The announcement also linked to a web page that showcased that the cryptocurrencies are indeed listed.
Both projects have native cryptocurrencies with over $1 billion market capitalization.
The question on investors’ minds is how far these cryptocurrencies can now grow post-listing.
Should you buy Aave (AAVE)?
On October 25, 2022, Aave (AAVE) had a value of $82.94.
AAVE/USD Chart by Tradingview.
The all-time high of the AAVE cryptocurrency was on May 18, 2021, at a value of $661.69.
Here we can see that AAVE was $578.75 higher in value or by 697% at its all-time high.
In terms of the cryptocurrency’s seven-day performance, Aave (AAVElow )’s point in value was $78.60, while its high point was $89.41. The gain, in this case, is $10.81, or 13%.
However, when we look at its 24-hour performance, the low point was at $82.83, while the high point was at $88.69. This marked another increase of $5.86 or 7%.
With this in mind, we can expect Aave to reach $90 in value by the end of October, so investors might want to buy AAVE.
Should you buy Tezos (XTZ)?
On October 25, 2022, Tezos (XTZ) had a value of $1.359.
Tezos (XTZ) soared to $9.12 on October 4, 2021, marking the token’s all-time high. Here, we can see that XTZ was worth $7.761 more, or by 571%, at its all-time high.
The worst point in its seven-day performance was $1.30, while the high point was $1.40. Here, we can notice a $0.1 or 8% rise.
The low and high points of the 24-hour performance were $1.34 and $1.39, respectively. This was an additional increase of $0.05 or 4%.
With this in mind, at $1.359, investors might want to buy XTZ as it can climb to $1.8 by the end of October 2022.
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