The merger went live, but the token price fell instead.
Aerodrome and Velodrome merged into Aero at 08:00 this morning, launching across 7 chains.
The project’s goal: capture nearly half of EVM spot trading volume.
The market isn’t buying it: in the 24 hours after launch, the price fell a few points to around $0.82.
The good news has been priced in. Don’t chase it in the short term.
If it breaks above $0.95 on heavy volume, this view is invalidated.
If you think the merger going live should mean the price goes up, tell us why 😏
$AERO
#Aero
Aerodrome and Velodrome merged into Aero at 08:00 this morning, launching across 7 chains.
The project’s goal: capture nearly half of EVM spot trading volume.
The market isn’t buying it: in the 24 hours after launch, the price fell a few points to around $0.82.
The good news has been priced in. Don’t chase it in the short term.
If it breaks above $0.95 on heavy volume, this view is invalidated.
If you think the merger going live should mean the price goes up, tell us why 😏
$AERO
#Aero