several months ago I talked about Aerodrome Aerodrome was considered to be one of the top uh Base projects and it did so we pumped real good it went up to alltime high people who watched my CashNews.cos did fantastic and now Aerodrome is has fallen from grace for a little bit but I think
that we are at the tip of another Resurgence for Aerodrome again now you might be saying wait a minute the price went down when you did a CashNews.co so what’s going on well the market does what it does but I’m going to tell you here that theice project is still very solid and here are
the reasons why Aerodrome is considered to be your top project on base it is a central trading and Liquidity Market based off base which is from coinbase and coinbase has been doing everything in its power to make sure that its projects succeed the token itself is is a governance
token it’s mainly a voting uh kind of token that you use to determine fees but what gives it its value is the fact that Aerodrome has been increasing its fees every single week since it started in fact we we really didn’t have a lot of down weeks and when Aerodrome went ahead and went
online and introduced um your increased concentrated Liquidity pools the project just continued to Garner more volume now this is a a picture of your fees for aerod drum’s different phases and so we’re pretty much at week like 63 and we’re pretty much at an
all-time high the second thing has been um Aerodrome volume has just gone parabolic and again the reason is because Bas is doing a phenomenal phenomenal job with advertising and making sure that Bas gets its share of the ethereum uh Market but more importantly if you take a look at your
concentrated Liquidity pools these are the apy aprs for some of the more concentrated ones that we’ve been seeing and you’re starting to see that people are putting money into arrow and there’s money in the ecosystem that’s rewarding people who provide
Liquidity in addition to that there has been a huge uh uh volume trading volume in November 8 which is EPO 62 had a record $4.9 million its highest ever record in Liquidity and it’s all due to the fact that slipstream incentives have been able to create very
efficient pools now what does that really mean well anybody who’s a large Trader means there’s less slippage so one of the issues has been on Dex protocols is that if you’re coming with a very large sum of money the Liquidity um is could be problematic the
slippage what they call it now Aerodrome is now competing with a lot of centralized exchanges like coinbase binance Kraken things like that and what you’re starting to see is that with slipstream we’re starting to see the volume just grow exponentially and the reason is because whales
are able to enter and exit out of the market at cheap prices and this is eventually going to match some of your centralized exchanges like coinbase where they charge higher fees so if I ask you what has slipstream done since that last one well slipstream volume has just gone parabolic since it got
launched uh earlier this year and what’s remarkable about this is that that’s not even on the heels of an altcoin Market surge so what is to come for the next couple of months well with slipstream already in play Bitcoin hitting all-time highs I think aerod Drome has more ways to go and
as people start to realize that these fees are very very very cheap I think that they’re going to start to purchase more arrow and they’re going to start to lock them up into these 4year Cycles so that they can get the incentives from these rewards and that’s going to create a
upward surge in the market especially for the aerodrome token now to give you another example onchain e pools have now exceeded both mayet on uni V3 and arbitrum V3 So currently uscc pairs which are obviously your stable coins are now at $487 million compared to univ v3s which are 466 and arbitrum
has unfortunately kind of lagged it so in terms of volume wise arrow is just outperforming a lot of our major um dexes and these dexes were originally very very good in the other Cycles but obviously we do have a lot of competition and more importantly if you take a look at V3 volume versus Arrow
volume just in general arrow is reaching $1 billion so overall this is something to really think about as far as AER drone Finance why I think the Liquidity here is here to
stay because the fundamentals are still aligning with the project now price-wise I don’t know it may go up and down over time it’s really hard to predict price but what I’m going to tell you right now is if I take a look at our incentivized and our concentrated pools our
Liquidity volumes just continue continue to explode to the upside with our super concentrated uh volumes at $1.6 billion doar worth of volume traded on the uscc eth pools and that is very very massive compared to also your CB your coinbase Bitcoin wrappers and also your usdc uh
Pairs and eth wrappers as well so overall very bullish on this as far as price is concerned I think Ajo can do much higher than where it’s at right now as far as price targets I think a can do probably a 10x or five five to 10x from these levels and if it doesn’t do that well
that’s something out of our control right but overall I think the value that is being given right now for Arrow is extremely extremely attractive because the Market’s still falling asleep on it and you guys still have time to pack your bags um and look at it because right now we have a
market cap of $1 billion when I was covering Arrow was much much cheaper obviously and now we’re at 1 billion but it’s total volume overall growing on volume both on fees is just exponential so overall I think arrow is here to stay there is still more gains to come and I hope you guys
join me in my uh Discord Community because that’s where we’re going to talk a little bit more about what are our next projects what are our next aerody Drome projects that can potentially make lifechanging gains for you and for me all right see you out have a great day
CashNews, your go-to portal for financial news and insights.
5-10$ for aero is reasonable this cycle 🎉
My worse performing cryptocurrency
I don't believe that $AERO and $VELO will have a rally anytime soon. Maybe in the next bullrun, it will perform better, but as of right now, there is no momentum for these two similar projects😮😮😮😮
The advancements in the 158 dev release are promising. BlockDAG keeps getting better!
ALB 🚀
Aerodrome and Moonwell for the Alt season WIN!