Current Aevo Price and Market Data
The current price of Aevo (AEVO) stands at **$0.0863**, reflecting a notable increase of **+7.87%** over the past 24 hours. Trading activity has been robust, with 83,022,265 AEVO coins exchanged during this period, translating to a trading volume of $7,167,620. Aevo is currently listed on 40 exchanges, providing ample accessibility for traders.
Today's trading session opened at $0.0792, and the price has since climbed 8.99% from this starting point. After briefly dipping to $0.0783, the cryptocurrency has shown signs of upward momentum. When compared to maximum prices recorded over the past 30 and 7 days, AEVO's value is down by -20.15% and -1.15% respectively. Conversely, it has gained 28.36% and 12.82% from the minimum prices observed during these same periods.
Technical Analysis and Price Projections
Based on technical indicators, AEVO must maintain support above $0.0831** to potentially advance toward the first major resistance level at **$0.0918. A successful breakthrough above this threshold could propel the price toward the next resistance at $0.0988**, with a third resistance level waiting at **$0.1048.
Should the price experience a downturn, the initial support to monitor is $0.0831**. If this level fails to hold, further decline to the next support at **$0.0765 becomes increasingly likely. Traders should watch these key levels closely when making decisions.
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Aevo Essential Information
Aevo operates on its own blockchain network, having launched in March 2018. The cryptocurrency features a circulating supply of 24 million coins and currently ranks #1349 by market capitalization, which stands at approximately $2 million.
The coin achieved its all-time high price of $0.624394** on December 07, 2024. Since reaching this peak, Aevo has experienced a low of **$0.067258, representing a 28.36% recovery from that bottom. Over the previous 52 weeks, Aevo has demonstrated significant price volatility, with values ranging from $0.0000539 to $0.6528.
When compared to other cryptocurrencies launched in 2018, Aevo shows below-average trading volume. The average trading volume for the 812 coins initiated in 2018 is approximately $8 million, while Aevo maintains $7 million in daily trading activity.
Aevo Market Rankings
Aevo holds distinct positions across various cryptocurrency categories based on market capitalization:
- Decentralized Exchange: #72
- Layer 2 (L2): #47
- Mineable Coins: #64
These rankings provide context for understanding Aevo's competitive position within specific sectors of the cryptocurrency market.
Frequently Asked Questions
What is Aevo cryptocurrency?
Aevo is a blockchain-based cryptocurrency that operates on its own dedicated network. Launched in March 2018, it functions within the decentralized exchange and Layer 2 sectors while maintaining mineable characteristics.
How can I purchase Aevo tokens?
AEVO tokens are available on multiple cryptocurrency exchanges. With listings on 40 different platforms, users can acquire tokens through various trading pairs and exchange services. Always ensure you're using reputable platforms and practice secure trading habits.
What factors influence Aevo's price movement?
Like most cryptocurrencies, Aevo's price responds to market sentiment, trading volume, broader crypto market trends, technological developments within its ecosystem, and overall investor confidence in decentralized exchange tokens.
What makes Aevo different from other cryptocurrencies?
Aevo distinguishes itself through its positioning as both a decentralized exchange token and a Layer 2 solution. Its mineable nature adds another dimension to its value proposition within the competitive cryptocurrency landscape.
Should I consider investing in Aevo?
Investment decisions should be based on thorough research, risk assessment, and personal financial goals. Cryptocurrency investments carry inherent volatility risks, and it's crucial to understand both the potential rewards and challenges before committing funds.
Where can I learn more about trading strategies?
For those interested in deepening their understanding of cryptocurrency trading, numerous educational resources are available that cover technical analysis, market trends, and risk management techniques. 👉 Discover comprehensive trading guides