Crypto Market Falls, but One Token is Defying the Trend
While the broader market continues to struggle in the final week of October, an altcoin has managed to buck the trend. Aerodrome Finance’s AERO token has surged over 36% over the past week.
The rally is fueled by a series of positive developments, including a programmatic buyback and reduced token emissions, as well as a strategic move by Animoca Brands.
October proved to be a challenging month for the entire cryptocurrency market, including major assets such as Bitcoin (BTC) and Ethereum (ETH), among others. Despite lower interest rates, the sector has continued to fall.
In fact, it is down by nearly 5% just this week. The majority of the coins have…
