Aerodrome Finance (AERO) is evidently making waves in crypto markets, as it is showing promising breakout potential with price hitting $1. Moreover,
Coinbase is planning to add perpetual futures for AERO, bolstering its exposure. The anticipation is high with the potential surge of 56% and even 100% by the end of the year. Unfortunately, Aerodrome had to suspend two contributors due to insider trading concerns, casting a slight shade. On the bright side, the platform has achieved dominance on Base network, topping $1B in TVL. High-profile investments from firms like
Pantera Capital and
Spartan Group have added credibility to AERO's value proposition. The on-chain activity and future catalysts in addition to
Base's network are believed to significantly boost AERO's growth. Particular excitement surrounds AERO's price rally, targeting $3 as
TVL hits $1.6B. This suggests smart money's active accumulation of AERO. The investment in
Aerodrome Finance by
Coinbase Ventures and US Representative Michael Collins has led to AERO's rally over 140%. The DeFi protocol's meteoric rise can be attributed to the impressive accumulation of deposits, achieving dominance on Base. However, while Aerodrome continues to grow, some front-end attacks on Aerodrome and Velodrome have resulted in notable losses and TVL decline. Despite the setback, many still see AERO as one of the best altcoins to buy. Future price predictions for AERO range from hitting $1.3 to even reaching $5, indicating investor optimism.
Aerodrome Finance News Analytics from Thu, 31 Aug 2023 07:00:00 GMT to Wed, 02 Apr 2025 07:00:00 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor -2
