AEVO, the 48th project on Binance Launchpool, is set to be listed on March 13th, with expectations to reach four USD with a market capitalization of 400 million USD.
On March 6th, Binance announced that the decentralized derivatives exchange platform AEVO would become the 48th project on Binance Launchpool. Users can stake BNB and FDUSD in separate pools to farm AEVO for five days, starting from 7 AM on March 8th.
Binance will list AEVO at 5 PM on March 13th and open trading with trading pairs AEVO/BTC, AEVO/USDT, AEVO/BNB, AEVO/FDUSD, AEVO/TRY.
The AEVO token has a total supply of 1,000,000,000, with 45,000,000 (4.5% of the total supply) allocated to the Binance Launchpool and 110,000,000 (11% of the total supply) circulating upon listing on Binance.
The AEVO trading platform maintains positive operational performance. According to Coingecko data, the 24-hour trading volume of the project has increased by 358.6%, reaching $2,863,783,570 with 68 trading pairs. The 24-hour open interest reached $277,060,374.
In the pre-market on the Whale Market, AEVO is trading at an average price of $2.01. The total volume is at $661,241.6.
After Binance announced the listing of AEVO, Ribbon Finance's RBN surged from $0.8 to $1.39 and continued to increase by over 74% in the past 24 hours, trading at $1.47, indicating investors' special interest in AEVO.
Some traders express confidence in AEVO's explosive potential, expecting the listing price to easily reach $3 - $4 on Binance.
In the worst-case scenario, after two months, AEVO could drop to around $2 (the time of unlocking the RBN to AEVO conversion).
Aevo has great potential for strong development in the future.
