Aevo (AEVO) is a decentralized derivatives exchange focusing on options and perpetual trading, operating on the Aevo Layer 2 built on Optimism, an Ethereum rollup. This infrastructure enables Aevo to support approximately 5,000 transactions per second.
Since its all-time high of $3.76 on March 28, 2024, AEVO has experienced a significant decline, reaching an all-time low of $0.34 on July 6, 2024.
Technical analysis indicates a "Buy" signal for AEVO in the daily timeframe, with oscillator indicators showing mixed signals: 1 indicating 'sell' and 4 indicating 'buy'.
Price predictions for AEVO vary among analysts. One source forecasts a potential increase to $2.57 by 2029, representing a 539.47% gain from today's value. Another analysis suggests that AEVO could trade between $1.95 and $2.37 by the end of 2024, and between $1.26 and $1.86 by the end of 2025. However, some short-term predictions are less optimistic, with expectations of a price around $0.0002 per AEVO.
It's important to note that the cryptocurrency market is highly volatile, and actual performance may differ from predictions. Investors should conduct thorough research and consider their risk tolerance before making investment decisions.
