Aerodrome Finance (AERO) flirts with a potential breakout as
Double Bottom signals highlight its growth prospects. The company recently suspended two contributors over
insider trading. Price predictions for AERO see a boost in potential due to a surge in
BASE Adoption, positioning it as a top pick for
explosive growth in the cryptocurrency market. However, controversy hit the company with accusations of
insider trading during Venice’s VVV token launch. Notwithstanding, there are predictions for AERO to surge by <
56%-100% and
over $1 billion in deposits inflow has been reported. Prominent crypto veteran,
Arthur Cheong, expressed bullish views on BASE.
DeFi Technologies made a significant contribution by launching
20 Digital Asset ETPs, a move that will help expand European exchange presence.Investment firms such as
Pantera Capital and
Spartan Group have scooped up AERO tokens signaling a bullish trend for AERO. There are reasonable expectations for AERO price to rally to the $3 mark as its total value locked (TVL) hits $1.6 billion.Significant investment by
Coinbase in AERO fuels growth potential and they've announced plans to add perpetual futures for AERO. It has been suggested multiple times as a shrewd buy and if smart money accumulates,
AERO’s price could hold steady.
Velodrome Finance (VELO) is a close competitor, taking off following a surprise Binance listing. Also, a DeFi resurgence seems to be on the horizon, which could bring Aerodrome to the forefront once more.
Coinbase Ventures and US Representative
Michael Collins have also shown great interest in AERO. On a less buoyant note,
Aerodrome saw a dip below $1.50 following a record December run but there’s a reasonable chance of a bullish reversal.
Aerodrome Finance News Analytics from Tue, 29 Aug 2023 07:00:00 GMT to Sun, 09 Mar 2025 20:04:20 GMT -
Rating 5
- Innovation 2
- Information 6
- Rumor -2
