Recently, many people have asked me about my views on some cryptocurrencies, so I'll explain slowly.
$AERO is the main DEX on the Base chain, focusing on liquidity mining and governance voting, considered to be the darling of Velodrome.
This coin has not been out for long; the price rose from a low of $0.04 to a high of $2.3, and now has a market cap of $780 million, with decent liquidity and listed on 21 exchanges.
What does the future hold? In the short term, we need to see if the Base chain ecosystem can thrive, after all, AERO is the core DEX on Base, and if Base explodes, it will definitely reap the benefits.
But in the long term, it depends on whether the team can innovate. Currently, the ve(3,3) model is a bit aesthetically fatigued, and relying solely on mining incentives is hard to sustain. The risk is that the FDV of $1.5 billion is a bit high, and the unlocking selling pressure could be significant, plus there is intense competition among similar DEXs.
If you want to play, you can wait for a hot moment on the Base chain and ride the wave, but don’t hold it for long; the variables in this track are too great. One tree cannot make a forest, and a lone sail cannot travel far! In the crypto world, if you do not have a good circle, and lack first-hand news from the crypto space, then I suggest you follow me, and I will help you reach the shore. Welcome to the team!!!
