3 Base Token to Watch After Coinbase Integrates DEX Trading

The US cryptocurrency exchange Coinbase announced on Friday that they have launched a decentralized exchange (DEX) integration, allowing users to buy and sell digital assets that were previously inaccessible on the platform.

Amid this positive development and the broader market improvement this week, here are some tokens in the Base ecosystem to watch.

Aerodrome Finance (AERO)

AERO, the native token of the automated market maker Aerodrome Finance, is a Base token to watch in the next few trading sessions.

Trading at $1.06, AERO has increased nearly 20% in the past day. This extends its weekly gain for another day, pushing its value up 36% over the past seven days.

Reading from the daily AERO/USD chart shows its Chaikin Money Flow (CMF) is trending upward at the time of writing, indicating that the price increase is supported by buying pressure. This momentum indicator is currently at 0.13.

The CMF indicator measures the inflow and outflow of money from an asset. When its value is positive, it indicates buying pressure, meaning traders are accumulating the asset. This suggests that AERO typically closes at the upper range of its trading periods, signaling an optimistic sentiment among traders.

If this trend continues, AERO could aim for an extended increase above $1.0852 and towards $1.3246.

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Conversely, if demand decreases, the token's price could drop to $0.7443.

ZORA

ZORA has increased 51% over the past seven days, making it another Base token to watch. At the time of writing, this altcoin is trading at $0.0904, and technical indicators suggest further short-term movement.

On the daily chart, ZORA's price is significantly above the 20-day exponential moving average (EMA), forming a dynamic support below its price at $0.0630. This indicator measures the average price of an asset over the last 20 trading days, with greater weight given to recent prices.

When it forms a dynamic support below an asset's price like this, short-term momentum leans towards increase. This indicates that buyers are controlling the market trend and pushing ZORA's price higher.

If this continues, the altcoin could climb to $0.1050.

However, if demand weakens, ZORA's price could drop to $0.0843.

Ski Mask Dog (SKI)

Meme coin SKI is another Base altcoin to watch amid recent developments on Coinbase. Trading at $0.0799 at the time of writing, it has increased over 52% in the past seven days.

In the past 24 hours alone, it has risen 36% to rank as one of the best-performing assets on the Base network. During that period, its trading volume has surged 119%, indicating that its double-digit price increase is supported by demand from market participants.

When an asset's price and trading volume increase together, it suggests strong market confidence behind this movement. This combination signals a healthy trend driven by genuine buying interest in the asset.

If buying momentum is maintained, SKI could extend its increase to $0.0855.

Conversely, if profit-taking continues, the token could lose some value and drop to $0.0750.