Aerodrome (AERO) Price Surges 30% After Coinbase Announces Base DEX Integration: Breakout to $2.30 Next?
Main Idea
Aerodrome (AERO) price surged over 30% following Coinbase's integration of in-app DEX trading for Base-native assets, with technical analysis suggesting potential further gains.
Key Points
1. Aerodrome (AERO) surged over 30% after Coinbase announced in-app decentralized exchange (DEX) trading for Base-native assets, reaching a price of $1.09.
2. The token's market capitalization rose to approximately $965 million, with daily trading volume increasing over 400% to $157 million.
3. Technical analysis indicates a breakout above the $0.81 resistance level, with potential targets of $2 to $2.30, supported by momentum indicators like RSI and MACD.
4. The Coinbase Base integration led to a 4.5% average gain across Base-native tokens, with AERO being the top performer.
5. The broader crypto market saw favorable conditions due to President Trump's executive order allowing Bitcoin and crypto in 401(k) plans.
Description
Aerodrome (AERO) surged over 30% after Coinbase integrated in-app DEX trading for Base-native assets. The token’s market capitalization rose to approximately $965 million. Analysts predict AERO could target a new all-time high of $2.30 in the short term, with a long-term target of $3.30 by early 2026. Aerodrome Finance (AERO) soared over 30% in the past 24 hours, hitting $1.12 before settling near $1.09 at press time. This comes after leading U.S. exchange Coinbase announced in-app decentralized...
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