Question 1

What is Aurora?

Accepted Answer

What is Aurora?

Aurora is a blockchain network solution that enhances Ethereum's performance by enabling the execution of Ethereum contracts on NEAR Protocol. It offers high-speed, scalable, and eco-friendly blockchain capabilities. Aurora provides Ethereum 1.0 development features with layer-2-like speed and scalability, integrating seamlessly with popular Ethereum tools like MetaMask and Truffle. It aims to deliver a friction-free Web3 experience by ensuring Ethereum compatibility with NEAR Protocol's capabilities.

Question 2

What is the Role of the AURORA Coin in the Aurora Ecosystem?

Accepted Answer

The AURORA coin plays a vital role in the AURORA ecosystem by facilitating Ethereum compatibility, governance participation, staking, covering transaction fees, and supporting incentives and funding within the platform.

Question 3

What is AURORA's Price History?

Accepted Answer

AURORA crypto experienced significant price swings, with an all-time high of $35.40 and an all-time low of around 0.047, resulting in a 750x-plus difference.

Question 4

What are the Key Tokenomics of AURORA?

Accepted Answer

AURORA has a total supply of one billion tokens, with a substantial portion locked up according to a vesting schedule. Approximately 371 million AURORA tokens were in circulation in November 2023.

Question 5

What are Critical Support and Resistance Levels for AURORA?

Accepted Answer

Important price levels to watch for AURORA include $0.082-ish and various other levels both on monthly/weekly and daily timeframes. To see the entire list of those levels, perform your own TA or visit our “Aurora Crypto Price Prediction” article.

Question 6

What is the Long-Term Price Potential for AURORA?

Accepted Answer

In the long term, AURORA could reach the $0.37-ish region, though reaching its all-time high would require a substantial increase.

Question 7

Is AURORA a Good Investment?

Accepted Answer

The decision to invest in AURORA depends on an individual’s financial situation and risk tolerance. Thorough research, on-chain metrics, and price analysis are recommended. Fortunately, you can do this with minimum fuss using the resources and tools on this page.

Question 8

How Can I Buy AURORA?

Accepted Answer

AURORA can be purchased on various cryptocurrency exchanges, including decentralized exchanges. However, the simplest way to get a bag of $AURORA awaits you on this page. The Moralis Money swap feature provides a secure and affordable way to exchange tokens for AURORA.