Aave falls 18% over week as dispute pulls down token deeper than major crypto tokens

The move added to selling pressure that had already been building since the governance proposal moved to a Snapshot vote. What to know : AAVE token has dropped 18% in the past week, making it the worst performer among the top 100 cryptocurrencies. The decline is likely linked to a governance dispute over control of Aave's brand and public channels. Despite founder Stani Kulechov purchasing $12.6 million worth of AAVE, the broader selling pressure continues.