AERO price jumps 20% as it defies crypto downturn

  • Aerodrome Finance token AERO is skyrocketing.
  • The AERO price has jumped 20% in 24 hours as it defies broader crypto downturn.
  • Recent Coinbase integration looks to be the key driver.

Aerodrome Finance’s native token, $AERO, has surged by 20%, reaching $0.96.

The token is surging despite a broader cryptocurrency market downturn, with AERO price up 74% in the past week.

As Bitcoin and major altcoins face selling pressure, with BTC struggling below $105,000, $AERO’s resilience stands out.

Escalating tensions in the Middle East have heightened market uncertainty, contributing to a cautious outlook for cryptocurrencies.

However, as investors show caution amid geopolitical risks impacting global markets, $AERO is riding recent Coinbase news to eye a breakout above $1.

There’s growing confidence in Aerodrome Finance’s decentralized exchange (DEX) ecosystem on the Base chain.

Aerodrome Finance price: AERO pumps 20%

While Bitcoin grapples with weekly decline and many altcoins bleed, $AERO has defied the trend, climbing 20% in a single day and 74% over the past week.

The token has broken above its 200-day exponential moving average, hitting its highest price in over four months.

It is now on the cusp of reclaiming the $1 mark, a level not seen since early 2024.

This performance positions $AERO to potentially outpace most altcoins in the short term.

AERO’s price surge is primarily driven by Coinbase’s integration of Aerodrome Finance, the second-largest DEX on Base with over $1 billion in total value locked (TVL).

The integration, announced recently, exposes $AERO to Coinbase’s 10 million-plus users, boosting liquidity and adoption.

Additionally, a 1.3× boosted airdrop for Coinbase One users and new token launch fees for stakers have fueled investor enthusiasm.

AERO’s 74% weekly gain and Coinbase’s role in its rally reflect strong community sentiment.

The Aerodrome Finance team notes the platform is getting greater attention.

“At Aerodrome, we believe in leveling the playing field not just in the DEX space, but beyond it: Fair and transparent access to capital is as vital as fair and transparent access to information,” they posted on X.

“[That’s] why we’re proud to announce that Aerodrome holds the 2nd highest score in @Blockworks_ new Token Transparency Framework, helping pioneer a new standard of trust in crypto.”

Aerodrome Finance price prediction

Analysts are optimistic about $AERO’s trajectory, given its technical breakout and fundamental catalysts.

The token recently surpassed the 50% Fibonacci retracement level from its all-time high of $2.33 to its year-to-date low of $0.282.

The next resistance lies at $1.04, which, if breached, could propel $AERO toward $1.50 in the near term.

However, a pullback to $0.70 or $0.60 remains possible if market volatility intensifies.

Long-term, $AERO’s close ties to Coinbase and its dominance on Base position it as a leader in the DEX space.

With over 1 million tokens locked for governance and public goods, the protocol’s fundamentals remain robust.

While Middle East tensions may cap broader market gains, $AERO’s unique catalysts suggest it could continue to outperform, potentially reaching $2 by year-end if bullish momentum persists.

 

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Tron price forecast: TRX defies market conditions, up 1%

Key takeaways

  • Tron’s TRX is the best performer among the top 10 cryptocurrencies, up 1% in the last 24 hours.
  • TRX could surge towards $0.29 on strong technicals.

TRX defies broader crypto market conditions

TRX, the native coin of the Tron ecosystem, is the best performer among the top 10 cryptocurrencies by market cap this week. While other top cryptos are down 3% or more this week, TRX added 1% to its value during that period.

The coin’s positive performance this week can be attributed to Tron revealing plans to go public in the United States via a reverse merger in a deal led by a Trump-linked bank.

SRM Entertainment, a Nasdaq-listed merchandise supplier, will raise $100 million from a private investor to buy TRON tokens. Furthermore, the company will issue preferred shares and warrants that value the deal at up to $210 million.

The company will purchase TRX tokens as part of its strategy, similar to the Bitcoin method adopted by Strategy and Metaplanet. This strong fundamental has supported TRX’s price this week amid bearish market conditions.

TRX could surge towards the $0.2924 resistance level

TRX’s technical indicators are promising and signal further upward movement. At press time, the price of TRX stands at $0.2744. However, it could rally towards the $0.02924 resistance level in the near term.

The Moving Average Convergence Divergence (MACD) indicator is heading into the positive zone, indicating that the bulls are currently in control. TRX also has a relative strength index (RSI) of 50, which is currently higher than other major cryptocurrencies, indicating bullish strength.

TRX 4-H PA

TRX’s price sits well above the 50-day and 100-day Exponential Moving Averages, showing that buyers are firmly in charge. The coin has also begun to print a classic cup-and-handle shape on the daily chart. This pattern usually indicates a bullish continuation signal and could see TRX record excellent gains in the near to medium term.

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Bitcoin Pepe price outlook as stablecoin companies gain after US Senate passed GENIUS act

  • U.S. Senate’s passage of the GENIUS Act, a stablecoin bill, led to significant stock price surges for Coinbase and Circle.
  • Bitcoin Pepe, designed to combine Bitcoin’s security with Solana’s speed, has raised over $15 million in its presale.
  • The project also announced a 30% token bonus for current investors.

Shares of cryptocurrency firms Coinbase (COIN) and Circle (CRCL) saw significant increases on Wednesday following the passage of the GENIUS Act, a key stablecoin bill, by the US Senate.

This legislative development is anticipated to enhance the legitimacy of stablecoins.

As crypto assets like stablecoins continue to garner legality and exposure, with favourable regulations, early-stage tokens like Bitcoin Pepe will benefit from the market momentum and investor enthusiasm.

Circle and Coinbase pop

Circle’s shares rose over 33%, while Coinbase’s shares gained 16% on Wednesday after the bill’s approval late Tuesday.

Coinbase’s performance made it the top gainer among S&P 500 stocks on Wednesday.

For Circle, the issuer of the USDC stablecoin, this surge builds on its performance since its market debut on June 5, with its shares increasing sixfold from an initial public offering (IPO) price of $31 to approximately 199 on Wednesday.

Coinbase, the largest US cryptocurrency exchange, is a co-founder of USDC and shares 50% of its revenue with Circle.

Stablecoin-related revenue has become an increasingly important component of Coinbase’s earnings, showing a 50% year-over-year increase in the first quarter and a 32% increase from the fourth quarter.

Coinbase CEO Brian Armstrong has publicly stated a goal for USDC to become the world’s leading stablecoin, a position currently held by Tether’s USDT.

USDC’s market capitalisation on Thursday was largely unchanged at $61.48 billion, according to CoinMarketCap data.

The 24-hour trading volume fell over 3% to $10.28 billion.

The Senate is passing the Stablecoin Act, even acts as a cushion for cryptocurrencies as they were largely unaffected by the US Federal Reserve keeping the interest rate unchanged.

On Thursday, Bitcoin was trading around $105,205 while later falling to $104,834.07, as the crypto assets, which are usually sensitive to interest rate and monetary policy expectations, held firm. 

The GENIUS Act

The Senate passed the GENIUS Act with a 68-30 vote late Tuesday.

This bill represents a notable advancement for the digital asset industry by establishing a framework for private entities to issue stablecoins.

The legislation mandates that these stablecoins operate under strict oversight, requiring full reserve backing and monthly audits to ensure transparency and stability.

While the GENIUS Act signifies a legislative victory for the crypto sector, it still requires final approval to become law.

The bill will now proceed to the House of Representatives, where a separate, similar piece of legislation, known as the STABLE Act, is currently under consideration.

Bitcoin Pepe continues to surge

Bitcoin Pepe, the new cryptocurrency project, aims to integrate the security features of the Bitcoin blockchain with the speed and scalability typically associated with Solana.

This approach seeks to distinguish it from meme tokens that primarily rely on speculative interest.

The token has garnered significant attention during its ongoing presale.

Bitcoin Pepe has now raised more than $15 million.

According to the development team, Bitcoin Pepe’s native token, BPEP, is scheduled for listing on the MEXC and BitMart exchanges.

These listings are anticipated to enhance the token’s market visibility, improve liquidity, and strengthen its credibility ahead of its full launch.

The Bitcoin Pepe team also issued images to showcase the amount of work they have done on the project.

The project team is expected to make a major listing announcement on June 30.

Additionally, all existing investors are slated to receive a 30% token bonus, adding more returns for investors.

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Best crypto presales to buy as BTC ETFs continue hot streak

  • Even amid market volatility, BTC’s resilience has buoyed sentiment across the broader crypto ecosystem.
  • Unlike many meme tokens that rely solely on hype, Bitcoin Pepe is backed by a solid technical roadmap.
  • The project’s presale has raised over $15 million. The BPEP token is currently priced at $0.0416.

Bitcoin (BTC) and major altcoins such as Ethereum (ETH), XRP, and Solana (SOL) saw modest price movements on Thursday, as the crypto market held steady following the Federal Reserve’s decision to keep its benchmark interest rate unchanged at 4.25%–4.50%.

In its policy statement, the Federal Open Market Committee reiterated its commitment to achieving maximum employment and returning inflation to its 2% target.

While no immediate policy changes were announced, the Fed emphasized it remains prepared to adjust its stance if emerging risks threaten economic progress.

The central bank also released its quarterly economic projections, including the closely watched dot plot.

Officials maintained their expectation of two rate cuts totaling 50 basis points by year-end, consistent with the March forecast.

Meanwhile, rising geopolitical tensions, particularly surrounding the Iran-Israel conflict, continue to add uncertainty to broader markets.

In this sentiment, one patch of strength has been the strong inflows in BTC ETFs.

Strong inflows have also been seen in early-stage project Bitcoin Pepe.

The project’s presale recently crossed the $15 million mark.

BTC ETF inflows continue to show strength

US-based spot Bitcoin exchange-traded funds (ETFs) recorded a combined $388.3 million in inflows on Wednesday, marking the eighth consecutive day of net positive capital flows, even as markets absorbed renewed geopolitical tensions from the ongoing Israel-Iran conflict.

According to data from Farside Investors, BlackRock’s iShares Bitcoin Trust (IBIT) led the pack with $278.9 million in inflows, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $104.4 million.

Bitwise’s Bitcoin ETF (BITB) also posted an $11.3 million inflow. Other issuers, including ARK Invest, Invesco, Franklin Templeton, Valkyrie, VanEck, and WisdomTree, recorded no inflows for the day.

The strong capital injection underscores continued institutional interest in Bitcoin, which traded near $104,777 and held within the $104,000–$105,000 range.

Bitcoin Pepe’s presale sees continued interest

Bitcoin’s resilience amid continued macroeconomic uncertainty is helping buoy sentiment across the broader cryptocurrency market, reigniting speculative interest among investors.

The leading cryptocurrency has held steady, underpinned by consistent demand from spot Bitcoin ETFs and a limited escalation in geopolitical tensions, particularly in the Middle East.

Historically, periods of relative macro and market stability have often preceded rallies in high-volatility segments of crypto, particularly meme coins and early-stage projects.

In this risk-on environment, capital is beginning to rotate back into such assets, with meme tokens among the first to benefit.

A notable name in this segment is Bitcoin Pepe, a project that aims to combine internet meme culture with a credible Layer 2 infrastructure narrative.

Positioned as an effort to “build Solana on Bitcoin,” Bitcoin Pepe seeks to leverage the base-layer security of the Bitcoin network while offering the scalability and speed typically associated with Solana.

This hybrid approach differentiates it from meme tokens that rely purely on community-driven momentum, offering a more structured technical foundation.

To reinforce this positioning, the development team has shared visual updates showcasing progress on the project’s infrastructure.

The project’s PEP-20 token standard allows permissionless minting and trading on Bitcoin.

Bitcoin Pepe has drawn significant interest during its ongoing presale, raising over $15 million to date.

The project’s native token, BPEP, is slated for listing on centralised exchanges MEXC and BitMart—a move expected to enhance liquidity and visibility ahead of its broader market debut.

A major listing announcement is scheduled for June 30, which has sustained investor anticipation as the presale enters its final phase.

 

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