AERO Plummets Again! Is This DeFi’s Version of a ‘Larry-Induced’ Meltdown? 🤷♂️📉

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Key Takeaways

Why is AERO’s price down today?

Profit-taking activity, fears of potential token dilution, and market-wide bearish sentiment. Oh, and maybe because some people actually sell when they’re up. Shocking, I know.

Where can the altcoin’s price go next?

The short-term downtrend is likely to take AERO down to $0.827 and $0.74 next. Because why not? It’s not like this is a “bull market” or anything.

On Wednesday, 13 November, it was reported that Aerodrome Finance [AERO] on the Base network and Velodrome [VELO] on Optimism will merge to form a new cross-chain decentralized exchange – Aero. Because merging two platforms that couldn’t even handle their own pressure is the solution. Classic DeFi move.

Dromos Labs, the company behind the two liquidity protocols, will operate across Base, Optimism, and the OP Superchain before expanding to the Ethereum [ETH] network. Because why stick to one chain when you can overcomplicate things for everyone?

Based on each platform’s weight, existing AERO holders will receive 94.5% of the new token supply, while VELO holders will get 5.5%. Why 94.5%? Who does that? Sounds like a ‘Larry’ percentage. Also, why is there even a 5.5% left? Is this a token or a math class?

In fact, CoinMarketCap data revealed that AERO was down 6.36% in the last 24 hours, with its daily trading volume slashed by just over 53%. Down 6.36% in 24 hours? That’s not a drop, that’s a freefall. And the volume? Slashed by 53%? Someone’s panicking like it’s Black Thursday Part 2. The selling pressure could be due to fears of dilution and profit-taking. Oh, right, because holding a token forever is clearly the smart move. Additionally, Bitcoin’s [BTC] latest price action spurred market-wide fear. Of course, BTC’s little tantrum has everyone in a frenzy. Because nothing says “confidence” like blaming the big bad Bitcoin.

Can AERO make a recovery?

The daily chart revealed a bullish structure after AERO’s move above $0.966. The $1.2-level was a stiff resistance zone, like it had been at the end of September. Though the swing structure (cyan) was also bullish, this move had been entirely retraced. Because why let a good rally last more than a day? That’s way too much for this market to handle.

The OBV formed a lower low on 13 November. This suggested that the selling volume in recent days has been high. Hence, AERO could drop towards $0.74. Because nothing screams “buy the dip” like a coin that’s lost half its value in a week. Real opportunity!

The $0.92 region is the demand zone (red box) that had been a launchpad for previous week’s AERO rally. It has now been flipped to a supply zone. Resistance was retested in the hours before press time, and the downtrend continued on the 1-hour timeframe. Because of course it did. Why would a coin ever hold a level when it’s trying to make your portfolio cry?

The next price targets would be $0.827 and $0.74. Because nothing says “recovery” like losing 50 cents. Enjoy the ride, you poor saps. 🚀💸

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2025-11-14 10:26