Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Coinbase’s $20 Million AERO Investment Review: ‘Think Why…’
ALTCOIN NEWS

Coinbase’s $20 Million AERO Investment Review: ‘Think Why…’

By Crypto FlexsNovember 17, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Coinbase’s  Million AERO Investment Review: ‘Think Why…’
Share
Facebook Twitter LinkedIn Pinterest Email

avatar

reporter

Posted on: November 18, 2024

  • Coinbase Ventures secured over $20 million in AERO.
  • Will DEX growth and Coinbase’s moves spark the next bull run for AERO?

Coinbase Ventures, Coinbase’s investment arm, doubled its investment in Aerodrom Finance. aeroIt’s a move market experts consider a bullish signal.

Coinbase Ventures has secured $20 million worth of AERO, the largest ever for the token, according to Arthur Cheung, founder of cryptocurrency VC DeFiance Capital. that stated,

“And now we, along with all other market participants, have made our largest ever investment in liquid tokens (over $20 million) purchased on the open market. Think about why they are so optimistic and still buying more.”

Aerodrome Finance’s Moat

Cheung added that Coinbase’s bullish confidence could be linked to Aerodrome Finance’s increasing dominance in the Base ecosystem.

For context, Aerodrome is Base’s largest liquidity provider and decentralized exchange (DEX). Ethereum (ETH) L2 has received tremendous interest and attention from institutional investors.

In less than a year, Aerodrome’s DEX volume dominance has skyrocketed from 0% to over 8% at press time.

aeroaero

Source: X

Since then, its incredible growth has led to it accounting for nearly half of Base’s total value locked (TVL), said Coinbase analyst David Han. that stated,

“Airfields accounted for 47% of Base TVL ($3.2 billion out of $1.5 billion) and 58% of Base DEX volume ($12.2 billion out of $7.1 billion) over the past seven days.”

Interestingly, the token’s price action has benefited from its growth. AERO has surged 1400% year over year and was valued at $1.39 at press time.

Will the expected increase in DEX trading volume and Coinbase’s move bring additional upward traction?

AERO Price Action

aero aero

Source: AERO/USD, TradingView

On the daily price chart, AERO remained above the trendline support (white line) and the Q4 support area remained above $1.

$1.4 has served as a strong supply area (red) since October, but removal of resistance could see the token hit $2 and all-time highs.

If AERO reaches $2, it could offer a high risk-reward (RR) ratio and potential profits of over 40% from current levels.


read Aerodrome Finance (AERO) Price Prediction From 2024 to 2025


In other words, a break below the trend line and Q4 support could damage the bullish outlook. These levels can act as stop losses for swing traders looking to buy AERO.

But for investors, the potential further hemorrhaging could still offer a discounted buy for long-term holding.

Next: Aptos: Spot, Derivatives Traders Battle – What’s Next for APT?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025
Add A Comment

Comments are closed.

Recent Posts

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Cango Inc. Announces September 2025 Bitcoin Production And Mining Operations Update

October 6, 2025

Cake Eyes 60% Rally Pancake WAP

October 5, 2025

Bitcoin Pullback — ETFs Drive Capital Flows, Altcoins Like SOL And XRP Boost Investor Returns

October 5, 2025

SHIBA INU (SHIB) and Dogecoin (DOGE) holders are 16,736%of Rally Progast Tempts buyers that are accumulated as Little PEPE (Lilpepe).

October 5, 2025

Solana Future Surge as the institution induces the open interest for the best record.

October 4, 2025

Free bitcoin.in app withdrawal request My satoshi

October 3, 2025

If this happens, you can see a huge price of $ 1.9.

October 3, 2025

Lombard Liquid Bitcoin Summary Summary

October 3, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025
Most Popular

The next major Ethereum targets according to this model are $3,830 and $5,100.

January 2, 2024

RPC connection to Umbrel – Stack Overflow

January 27, 2024

Google Cloud credits are now available for ElevenLabs AI models.

January 23, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.