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Aevo - Details and Price Predictions

🔥No time to waste because only 3 days left to Farm $AEVO on Binance Launchpool.

Its farm is NOW LIVE 👉 here
🔸Stake your $BNB and $FDUSD to earn $AEVO,
🔸On March 13 at 10:00, $AEVO will be listed on #Binance

You don't wanna miss it. The reasons below:

#Aevo is a high-performance decentralized derivatives exchange platform, focused on options and perpetual contracts.

It is built on Ethereum and backed by popular names: Paradigm, Dragonfly, Scalar Capital, Nascent, Ethereal ventures, Alliance, and Coinbase.

Aevo’s mission is to bring more traders onchain. This platform allowed traders to experience Decentralised Trading With CEX-Like Performance.

A dedicated gas environment for a high throughput exchange, and familiar UX for TradFi traders, low latency (<10ms) while inheriting the security of Ethereum.

On Feb 28, 2024 Aevo led the market with a trading volume of over $4B. No other Perp-DEX except dYdX has ever managed to achieve such trading volume.

The explanation for this phenomenon is partly due to the sudden increase in users due to Aevo's airdrop campaign, but it cannot be denied the coverage of this project to the community.

💎PRICE PREDICTIONS:

Right now, $AEVO perpetual trading around $2.5 to $3.5 on Aevo trading platform with $5M daily volume.

Recent projects on Binance launchpool have been quite successful after listing. In my opinion, after listing Aevo's Market cap will be around $300M - $500M, equivalent to AEVO's price will be around $2.5 to $3.5 ( Equal to the price of the Perp contract).

As usual, the token price will adjust slightly after listing and sideway 2-3 weeks. Depending on the market situation and after the $RBN conversion event ends $AEVO price will rise strongly, it is possible to reach the market cap of dYdX $1.7B in the future, corresponding to the Aevo price of about $12-$15.

THAT is all my opinion on Aevo.

If my post is useful, Please like, share and tell me your thoughts👇
Many thanks🙏

#AEVOLAUNCHPOOL #BinanceLaunchpool
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The reason for today’s market crash ‼️ Read below 👇 Have you ever noticed the sudden drops in the value of crypto like BTC and ETH, only to see them rise again shortly after? These fluctuations are called pullbacks, and they are a common occurrence in the crypto market. In this article, we will explore the reasons behind these pullbacks and why they are essential for the overall health of the crypto market. What is a Pullback? A pullback is a temporary decline in the price after a period of growth. It is a natural part of market cycles and can be seen in various financial markets, not just in the crypto world. Pullbacks are often seen as a sign of a healthy market, as they help to stabilize prices and prevent the formation of speculative bubbles. Reasons for Pullbacks: - Profit-taking: After a period of growth, some investors may choose to sell their holdings to lock in profits. This selling pressure can lead to a temporary decline in the price of the cryptocurrency. - Market corrections: Sometimes, the price of a cryptocurrency may rise too quickly, leading to an overvaluation of the asset. In these cases, a pullback can serve as a market correction, bringing the price back to a more realistic level. - Negative news or events: The crypto market is highly sensitive to news and events that can impact investor sentiment. For example, regulatory changes or security breaches can lead to a decline in the value of a cryptocurrency. - Technical factors: Some investors use technical analysis to make trading decisions. If a crypto reaches a specific resistance level or fails to break through a key support level, it can trigger a pullback. Pullbacks in the crypto market are a natural part of the market cycle and are essential for maintaining a healthy and stable market. They can be caused by various factors, including profit-taking, market corrections, negative news or events, and technical factors. By understanding the reasons behind pullbacks, investors can make more informed decisions and navigate the crypto market with greater confidence.
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