Why is This Altcoin Defying the Crypto Market Crash?
Markets fall, but one altcoin is breaking away from the slump. The rally leaves traders asking what’s driving the surge.
While the broader market continues to struggle, 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.
Author's summary: AERO token surges 36% amidst market crash.