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)
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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
