The Aerodrome Finance (AERO) token has shown significant growth this month, reaching its highest point since May amidst news of Coinbase integration.
AERO Token Price Growth
The price of AERO rose to $0.7786, representing a 177% increase from its lowest level in March this year. The token now boasts a market capitalization of $619 million.
Integration with Coinbase
The AERO token notably surged after Coinbase, the largest crypto exchange in the U.S., announced that it would add decentralized exchanges to its Base platform. This move is expected to attract new users and increase trading volumes.
AERO Price Chart Analysis
The daily chart shows an ongoing uptrend for AERO. The token has moved above the 50-day and 200-day moving averages, indicating a bullish momentum is developing. Should AERO break through the resistance level at $0.7786, it could lead to further price increases.
Given the rising interest and the recent price growth of AERO token, Aerodrome Finance appears to have a promising future in decentralized trading.
