Here is the reason for the high price of Aerodrome Finance star-news.press/wp

Aerodrome Finance has gathered this week and reached its highest point since May 9 before Coinbase integration.

Aerodrome (Aero) has jumped to $ 0.7786, an increase of 177 % of its lowest level in March this year. This increase raised the market value to $ 619 million.

ARO’s distinctive code jumped after Coinbase, the largest American encoder exchange, it will add decentralized infallible exchanges to the basic Blockchain to its main application.

This addition will display the airport to its monthly active users of 10.8 million people, and may enhance its size and revenues.

To some extent, integration is similar to that of Moro’s Coinbase on its platform. Morpho is an AAVE competitor that facilitates borrowing and lending in a decentralized manner. Sandin dune analyzes Data He explains that Bitcoin worth $ 550 million has been guaranteed to the United States Ministry on Coinbase.

Aero Price also jumped after Aerodrome Finance continued to control the DEX industry on the base.

Data He appears The size of the wizard folder in the 10x network jumped in the past twelve months and just a sign of $ 100 billion. He also won the popular names on a base like UISWAP and Pancakeswap.

The water financing code also jumped with the high number of distinguished symbol holders. Sandin dune analyzes Data shows There is now 629,954 Aero’s distinctive code holders, with a significant increase of 200,000 in January.

Technical analysis of the distinctive symbol of the air

The daily graph shows that the ARO price was in a lined direction after its height at $ 0.2850 in April. It has moved over the moving averages for 50 days and 200 days, and it is a sign that the bulls are slowly prevalent.

Aero made up an ascending triangular style heading its upper side at $ 0.7786, which coincides with the rescue level by 23.6 %. The Relative Power Index and MACD indicated above.

Therefore, the clear collapse over this resistance will indicate more gains, and perhaps to a 50 % alternative to Fibonacci alternative at $ 1.3058, about 78 % higher than the current level.