3 Altcoins Approaching The Lower Bound!Since you enjoyed my previous post about 3 Altcoins Rejecting the $5 mark!
Here's an interesting one about altcoins retesting the lower bound of the wedge pattern:
BINANCE:PYTHUSDT
PYTH has been in a correction phase and currently approaching the lower bound of its rising wedge pattern marked in blue. As long as the green structure holds, I will be looking for trend-following longs on lower timeframes.
KUCOIN:GLQUSDT
GLQ has been in a correction phase and currently approaching the lower bound of its rising wedge pattern marked in blue. As long as the green structure holds, I will be looking for trend-following longs on lower timeframes.
COINEX:AEROUSDT
AERO has been in a correction phase and currently approaching the lower bound of its rising wedge pattern marked in blue. As long as the green structure holds, I will be looking for trend-following longs on lower timeframes.
Which altcoins would you like me to cover next?
All Strategies Are Good; If Managed Properly!
~Rich
AERO
Aerousd breaking upwards from ascending inverse head & shouldersStill has about 41 percent of gains left to make between here and its full breakout targer. Will net a new all time high in the process. Not sure where it will go from there. could always overshoot or undershoot the target as well but most alts lately have been either hitting the target precisely or overshooting then. I like this particular unconventional inverse head and shoulders because it has 2 necklines both with the same breakout target. *not financial advice*
Why Aerodrome Finance (AERO) Will Be A Top 20 CryptocurrencyAfter diving deep into Aerodrome's whitepaper and dApp, it's become crystal clear that AERO is destined to become a top 10-20 market cap token. The fundamentals and long-term prospects are so strong that, honestly, if it doesn't reach that point, I would be shocked. Here's why:
1. Massive Liquidity and Total Value Locked (TVL)
AERO has an insane amount of liquidity and demand, and it's only growing:
Aerodrome's TVL recently hit $1 billion, a massive milestone.
The BASE chain, which AERO is built on, has reached $2 billion in TVL for the first time ever.
AERO is currently ranked #32 in TVL across the entire crypto ecosystem—out of thousands of tokens.
It's only a matter of time before AERO climbs into the top 20, maybe even the top 10 or top 5 in terms of TVL.
This level of liquidity is crucial for several reasons:
It provides stability and reduces slippage for traders.
It attracts more users and projects to the ecosystem.
It demonstrates strong confidence from investors and users.
2. Innovative Tokenomics and Yield Generation
Aerodrome's tokenomics model is designed to encourage long-term holding and participation:
Users can lock AERO tokens for up to four years, receiving boosted rewards.
This lock-up mechanism could potentially create supply squeezes, driving up the token's value.
The protocol offers incredible yield options, making it more likely that users will continue to lock up their tokens.
With these crazy yield options, it's truly surprising that more people haven't caught on yet.
3. Strategic Position on the BASE Chain
Aerodrome's role as the largest DEX on the BASE chain provides several advantages:
BASE is one of the fastest-growing chains in crypto, with over 1.3 million active addresses—more than any other EVM chain, including Ethereum.
As the "unofficial token" of BASE, AERO is well-positioned to benefit from the chain's rapid growth.
BASE's low fees and high liquidity make it attractive for DeFi users, potentially driving more activity to Aerodrome.
4. The Coinbase Factor and Marketing Potential
The connection to Coinbase through the BASE chain is a game-changer:
Aerodrome is already listed on Coinbase, providing exposure to a large user base.
As Coinbase's layer-2 solution, BASE is likely to receive substantial marketing and development support.
When Coinbase decides to push BASE hard, AERO will be right at the center of it, benefiting from Coinbase's massive resources and marketing power.
5. Comparative Market Analysis
When comparing Aerodrome to other successful DEXes, the growth potential is enormous:
Uniswap, a leading DEX, hit a $20 billion market cap at its peak.
If Aerodrome were to achieve similar success, it could easily match or exceed this valuation.
6. Technological Innovation and Development
Aerodrome continues to innovate within the DeFi space:
The protocol has implemented advanced features like concentrated liquidity and multiple fee tiers.
Ongoing development and upgrades could further enhance Aerodrome's competitive edge.
The team's ability to adapt to market needs and introduce new features will be crucial for long-term success.
7. Community and Ecosystem Growth
A strong and engaged community is vital for any crypto project:
Aerodrome has been gaining traction on social media platforms and crypto forums.
The number of unique addresses interacting with the protocol has been steadily increasing.
Partnerships and integrations with other DeFi protocols could further expand Aerodrome's ecosystem.
8. Potential for Major Exchange Listings
As of now, AERO has yet to be listed on some of the largest cryptocurrency exchanges:
AERO is not currently available on major platforms like Binance and Bybit.
Listing on these exchanges could potentially provide a significant boost to AERO's liquidity and accessibility.
The increased exposure from major exchange listings often leads to heightened interest and trading volume.
Early adopters who invest before major exchange listings often stand to benefit the most from potential price appreciation.
9. Exclusivity to BASE Chain: A Strategic Advantage
Aerodrome's decision to remain exclusive to the BASE chain is a strategic move that could significantly benefit both the protocol and the chain:
By keeping the AERO token and protocol exclusive to BASE, Aerodrome helps drive users and liquidity directly to the BASE chain.
This exclusivity creates a symbiotic relationship: as Aerodrome grows, it naturally increases activity and adoption of the BASE chain.
Concentrated liquidity on a single chain can lead to better trading experiences, lower slippage, and more efficient price discovery for AERO.
10. AERO Price and Long-Term Potential
The potential for significant price appreciation is a key factor in AERO's appeal:
I can confidently say that getting AERO under $1 might look like a dream in the next 1-2 years.
Right now, it's sitting at $1.30, but I recommended it to my followers when it was under $0.10.
The upside potential here is enormous. I wouldn't be surprised if AERO does a 25x from its current price.
With all the data and liquidity I'm seeing, a price of $30 or even $50+ doesn't seem far-fetched at all.
Conservative estimates place potential future prices in the $20-$30 range, with some optimistic projections even higher.
Conclusion
This train is leaving the station, and it's only going to get bigger, bigger, and bigger. With all the liquidity, yield, and demand driving this token forward, AERO has quickly become my #1 favorite token in crypto, and I don't see that changing anytime soon.
While these projections are exciting, it's important to remember that the cryptocurrency market is highly volatile and unpredictable. Always conduct your own research and invest responsibly.
COINBASE:AEROUSD KUCOIN:AEROUSDT COINEX:AEROUSDT CRYPTO:AERODUSD GATEIO:AEROUSDT CRYPTOCOM:AEROUSD BYBIT:AEROUSDT.P BITGET:AEROUSDT GATEIO:AEROUSDT PHEMEX:AEROUSDT MEXC:AEROUSDT.P BYBIT:AEROUSDT.P
AERO USDT TO $1.40Long accumulation phase on the DAILY timeframe that could potentially break out.
This recent formation of a strong support area around $1.40 aligns with the 0.5 Fibonacci level.
The breakout from this area suggests substantial upside potential.
Generally, the larger the Fibonacci retracement level, the more significant the potential price movement.
We’ve observed similar scenarios before, and AERO could be poised for an impressive breakout, much like what happened with other decentralized exchange tokens in prior cycles.
Target: $1.40 (with potential for much higher gains beyond this)
--------------
Why $1.40?
AERO has a total supply of 1.2 billion tokens, with 634 million currently in circulation. The current market cap stands at $615 million, indicating that reaching $1.40 is not only achievable but potentially just the beginning. The $1.40 mark aligns with the 0.5 Fibonacci level, which historically has served as both a strong support and a key breakout level for assets in the early stages of a rally.
Aerodrome Finance, the largest token on the BASE chain, is currently listed on Coinbase, which speaks volumes about its credibility. However, this token remains underappreciated and highly underrated in the broader crypto market, despite its enormous potential.
One of the most significant drivers of AERO’s future success will be the backing of Coinbase. With Coinbase being the most beginner-friendly and widely used exchange globally, it's only a matter of time before they heavily promote the BASE chain—and AERO stands as the top decentralized exchange (DEX) on that chain. As Coinbase begins to market its chain to the masses, the demand for AERO will surge.
The BASE chain itself is one of the fastest-growing in crypto, currently ranked within the top 6 for Total Value Locked (TVL). When you factor in that some of the chains ranked above it (like BSC, TRX, and SOL) are notorious for fake volumes and market manipulation, BASE could effectively be considered one of the top 3 most legitimate chains. Furthermore, BASE is home to USDC, the only stablecoin officially regulated and approved by the SEC. This stablecoin partnership is a key factor that will continue to drive AERO’s demand.
With over 1.3 million active addresses and growing, BASE is now the largest EVM chain by this metric, surpassing even Ethereum. This makes Aerodrome’s position as the leading DEX on the BASE chain all the more important. The liquidity, use case, and growing demand for AERO are massive, and the token remains severely undervalued at its current price.
Long-Term Potential
While $1.40 serves as the short-term target, AERO’s potential far exceeds this level. If you compare it to Uniswap, which reached a $20 billion market cap during its peak in 2021, Aerodrome could easily hit a similar level due to its lower gas fees on the BASE chain, abundant liquidity, high yields, and user engagement through farming and LP pools. If AERO hits a $20 billion market cap, its price would reach $31 per token—and I believe it can go even higher. With users locking up their AERO for 4 years to earn rewards, demand will only continue to increase.
Long-Term Target: $20-$30+
AERO is my top proof-of-stake token, and I fully stand by its potential to become a top 10-20 market cap token in the coming years. My long-term target is in the $20-$30 range as BASE continues to grow and AERO cements itself as the leading DEX on the chain.
AERO has been a fixture on my watchlist for over a year, and I’m excited to share that my average entry price was $0.08—a detail I’ve also shared with my followers.
COINBASE:AEROUSD BYBIT:AEROUSDT.P BITGET:AEROUSDT KUCOIN:AEROUSDT COINEX:AEROUSDT GATEIO:AEROUSDT PHEMEX:AEROUSDT CRYPTOCOM:AEROUSD MEXC:AEROUSDT.P
Aerodrome Finance is a 25x - 50x Coin From Here#Aerodrome Finance is the central marketplace and liquidity hub for the Base Network, which is #Coinbase's #Ethereum L2 built to bring one billion users on chain. #Base can be regarded as Coinbase's answer to #Solana.
Since Base won't have its own token, many consider Aerodrome Finance, whose founders/creators work closely together with those of #BaseNetwork, to be the next best thing.
Aerodrome Finance has been gaining traction fast lately and has become an onchain volume leader.
Currently, Aerodrome Finance sits at around the 150th place in terms of market cap, which means it's still in its infancy. In fact, the Total Value Locked on SPARKS:AERO is greater than the market cap of the #Aerodrome coin – there is a very valuable lesson in there for those who pay attention.
Aerodrome with the current marketcap of BNB = $132 (205x)
Aerodrome with the ATH marketcap of BNB = $189 (300x)
Aerodrome with the current marketcap of Uniswap = $9 (13x)
Aerodrome with the ATH marketcap of Uniswap = $39 (60x)
Aerodrome with the ATH marketcap of Pancakeswap = $12 (18x)
#AerodromeFinance, which is a real coin with utility and closely linked to Coinbase, currently has a meager marketcap of $0.3 billion. In comparison, a meme coin like CRYPTOCAP:PEPE currently has a marketcap of over $3 billion - 10x that of #AEROUSD!
I personally believe AERO is a solid choice and may become one of this bull cycle's biggest winners. It's potentially a 25x to 50x coin from the current price.
Once altcoins start running again, I expect this coin to do a quick 10 - 15x before the next significant correction.
AERO, take off! Storm ahead. If you find this information inspiring/helpful, please consider a boost and follow!
Took off out of area of interest and headed up to the next area of interest for me.
Going to be watching HOW, the price action reacts around this level.
If the level breaks I need to see it hold above.
Arrows indicate the price action I want to see.
AERO, ready to fly? Elliott WaveIf you find this information inspiring/helpful, please consider a boost and follow!
Aero looks like it is in the midst of an impulse down.
Though it is in the algo entry area, would like to see the LHs taken at some degree for the potential of a trend change.
These levels are pretty obvious, so a break or reaction off of them would be a nice piece of confluence.
BASE DEX AERO RUNNING RUNNING RUNNINGCoinbase released a chain called BASE
BASE has been performing alright as a chain in relative standing. On a day to day basis its sitting roughly around 10th place in terms of overall dex volume. Behind chains like Eth, BSC, Sol, Arb and 5 others.
This chain is a nice money maker for Coinbase as a company and is something Coinbase is likely to try hard to expand. Coinbase as a centralised exchange (and custodian) is esp interested in having exposure to the decentralised exchange space.
The largest volume on BASE is AERO
Aerodrome is getting the most volume on the BASE chain per DEX. It is also magnitudes higher in terms of total value locked. Aerodrome is fundamentally dominating the BASE space in terms of DEXes. This is why AERO is running hard and has plenty of upside in it as it is not already a large cap relative to crypto valuations. Let alone circulating market caps.
Keep an eye out on AERO
$WKHS - Bottomed Chart - 93M Marketcap - 80% CTB, 0 short sharesIt's going to be an interesting start of the year. WKHS has resolved their HVIP issues according to their latest earnings. 93M marketcap for something that will do 10-15M in revenue in 2023. With the HVIP issues resolved, this should pick up in 2024. 80% cost to borrow rate currently and 0 short shares available. An excellent squeeze candidate. I have a position here. Make your own financial decisions.
ACIC Archer Merge?Atlas Crest Investment Corp. (NYSE: ACIC) is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more businesses. We are sponsored by an affiliate of Moelis & Company, a leading global financial advisor to corporate executives, boards, entrepreneurs, financial sponsors and governments. Our management team is led by Ken Moelis, our Chairman, and Michael Spellacy, our Chief Executive Officer, both of whom have had careers centered around identifying, evaluating and implementing organic and inorganic transformational growth and value creation initiatives across a broad range of industries.
Atlas Crest priced its $500 million initial public offering on October 27, 2020.
Merger: Archer
Archer’s mission is to advance the benefits of sustainable air mobility. With headquarters in Palo Alto, California, Archer is creating the world’s first electric airline that moves people throughout cities in a quick, safe, sustainable, and cost-effective manner. As the world’s only vertically integrated airline company, Archer is designing, manufacturing, and operating a fully electric vertical takeoff and landing aircraft that can carry four passengers for 60 miles at speeds of up to 150 mph while producing minimal noise.
Archer's world-class team is focused on vertically integrating key enabling technologies including aircraft design, electric powertrain, and flight control software to revolutionize air travel.
What more can I say?
Like, Follow, Agree, Disagree!
What do you think?
BUY $2.25 low BBAND contact - NYSE uplist by 2020“There is equality where all are slaves, as well as where all are free. This shows that equality, by itself, is not enough to make a good society.”
― Bertrand Russell