Bitcoin

Aevo

<p><em><strong>Binance listing spurred Aevo initially, but bears took over. AEVO withdrawals exceed deposits post-airdrop. Analysts optimistic, with 10x price targets ahead.</strong></em></p><h2 id="header-0">Chika Moji New Memecoin Get 100,000 Chika Tokens $100 Free Join Airdrop Now On<a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow"> ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Red-and-White-Modern-Corporate-Sports-YouTube-Outro-1.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p>After reaching a peak of $4.46 on launch day, Aevo’s (AEVO) price surge has stopped. Currently, AEVO is trading at $2.87, down by 4.38%, with a market cap of $315 million. Moreover, daily trading volumes have dropped by 64%, indicating declining investor interest.</p><h2 id="header-1">AEVO’s Price Surge After Binance Listing</h2><p><a href="https://cryptosheadlines.com/binance-lists-illuvium-ilv-perps-following-surging-demand/" rel="noopener noreferrer nofollow">Following its listing on Binance</a>, AEVO experienced a significant price surge. <a href="https://cryptosheadlines.com/binance-announces-new-metaverse-initiative-amid-rumors-of-us-exit/" rel="noopener noreferrer nofollow">Binance announced</a> AEVO’s inclusion in its Launchpool on March 8, with the listing finalized on March 13. This move allowed users to begin trading, leading to a notable increase in the token’s value.</p><p>Apart from Binance, other major exchanges such as OKX, Bitgert, Gate.io, and Kucoin promptly listed AEVO. Its availability on these decentralized platforms further bolstered its popularity and trading volume.</p><p>On March 13, AEVO initiated an airdrop, distributing 30 million units of its token. As of now, approximately 75% of the <a href="https://cryptosheadlines.com/blockchain-capitals-x-account-hacked-for-token-claim-scam/" rel="noopener noreferrer nofollow">tokens allocated for the airdrop have been claimed</a> by eligible participants, adding to the circulating supply and market activity.</p><h2 id="header-2"><strong>Impact of Recent Airdrop on AEVO Platform Activity</strong></h2><p>Despite the recent airdrop, there hasn’t been a significant impact on <a href="https://cryptosheadlines.com/crypto-investment-platform-in-singapore-halts-deposits-and-withdrawals/" rel="noopener noreferrer nofollow">deposit and withdrawal activity on the AEVO platform</a>. An <a href="https://cryptosheadlines.com/jpmorgans-analysis-reveals-key-factors-for-bitcoins-45k-projection-in-2023/" rel="noopener noreferrer nofollow">analysis of weekly patterns reveals</a> that deposit volumes consistently surpassed withdrawals.</p><h2 id="header-3">Chika Moji New Memecoin Get 100,000 Chika Tokens $100 Free Join Airdrop Now On<a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow"> ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Red-and-White-Modern-Corporate-Sports-YouTube-Outro-1.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p>However, in the most recent week, a notable disparity emerged. Deposits amounted to $15.86 million, while withdrawals were higher at $21.72 million. Consequently, there was a net negative flow of $5.86 million from the platform during this period.</p><p><a href="https://cryptosheadlines.com/hop-dao-plans-to-sell-440000-worth-of-arb-tokens-for-operational-funding/" rel="noopener noreferrer nofollow">Also Read:   Hop DAO Plans to Sell $440,000 Worth of ARB Tokens for Operational Funding</a></p><h2 id="header-4"><strong>Total Value Locked (TVL) Contraction in AEVO</strong></h2><p><strong>Decline in TVL: </strong>The Total Value Locked (TVL) in AEVO currently stands at over $14 million. However, this figure witnessed a peak towards the end of 2023 and the beginning of 2024, reaching an impressive high of over $25 million. This represents a significant contraction of 44% in TVL within a relatively short span of under three months.</p><p><strong>Long-Term Bullish Outlook: </strong>Despite the contraction in TVL, market analysts remain optimistic about AEVO’s long-term prospects. Notably, some top analysts are capitalizing on the current dip. Crypto <a href="https://cryptosheadlines.com/bitcoin-analyst-doctor-profit-polygon-matic-identified-as-next-gem/" rel="noopener noreferrer nofollow">analyst Doctor Profit</a>, for instance, anticipates 10x gains for AEVO in the upcoming months, reflecting confidence in its future trajectory.</p><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</em></p>

Aevo (AEVO) Price Rises Slow Down; Will It Bounce Back?

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