Aerodrome (AERO) fell more than 10% in 24 hours as the broader crypto market declined 1.45%, marking a correction after a week-long uptrend. The drop was driven by profit-taking and liquidity drain from Base Chain tokens, including heavy selling of the memecoin LAPTOP. Technical indicators suggest AERO is retesting a key support level at $0.55, with potential to rebound to $0.68 if this level holds. Aerodrome also initiated a buyback program to reduce selling pressure, but its impact is currently limited compared to overall market forces.
Aerodrome's token AERO surged 16% in 24 hours, driven by increased Total Value Locked (TVL) and decentralized exchange (DEX) trading volume, signaling growing market activity. However, the protocol faces challenges with significant quarterly losses a...
Aerodrome Finance surged 20.14% to $0.6569, leading crypto gainers due to growing interest in its decentralized finance ecosystem. Meanwhile, Arbitrum, a major Ethereum layer-2 project, fell 11.09% amid challenges sustaining recent gains. Other notab...
Tenor OTC, a non-custodial lending platform powered by Morpho Midnight, has added Aerodrome's AERO token as collateral for fixed-rate borrowing on the Base network. This allows AERO holders to secure loans without selling their tokens, maintaining th...
