This coin looks vers interesting, do you think it is the new AAVE?
AAVE is not a bad project, I agree. But I do not find any special uniqueness in it, there are many such projects. The characteristics of AAVE are standard in my opinion, but the coin has a good chance of success, like other projects similar to it. By the way, I read that the AAVE developers planned to burn about 1.5 million tokens to increase their value.
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burning with simultaneous development is good in pushing the value of the coin. AAVE for me is a promising project. but they need to attract clients on their platform. should not rely on the traders alone but should be aggressive in getting more customers to utilise their services. this is where you know, the platform is useful to the community if people are truly using its services.
looking at its market performance, they are not doing bad actually. they are still on the rise. so if these devs will burn again their tokens, expect that there will be impact on its price in the market.