Daily Brypto Reps-Maxxing
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Another coin I own and am very bullish on is $AAVE.
Is probably my 6th or 7th biggest position right now.
There's all the obvious reasons to invest in it that everyone knows - its by far the most representative and impressive and best example of defi as a whole imo- but I think the real question has been just how much asymmetry there is in it...
It has consistently been in the top 100 for years now, so what factors could push it higher compared to say crypto overall? or what makes it a better bet vs just $BTC or $ETH or etc?
I think right now there are three:
1) defi is finally getting its day in the sun due to the massive shift in the regulatory zeitgeist (as we saw from that SEC thread the other day) and $AAVE is- again- the most representative and best example of defi currently
2) its very possible Aave could flip Circle (USDC) in TVL this year... this sounds wild but its literally at $44B right now vs $61B of circulating $USDC...
3) it seems like it will be one of the first recipients of an ETF (likely after $SOL, $XRP, and maybe at most 1-2 others)
So yeah... I like $AAVE a lot here for its own merits and as a general bet on defi... way better than $LINK or $UNI for instance... and if I was going to be allocating more capital it would be one of my top choices right now...
Could legitimately see scenarios where it becomes a top 10 coin eventually...