Crypto Twitter is on fire today, and all eyes are on ASTER ($ASTER). The token, tied to the multi-chain decentralized exchange Aster, exploded in value just hours after its launch and airdrop.
Traders and analysts are calling it a “generational FOMO” moment.
What’s the hype about? Let’s dive in.
ASTER went live at $0.0089, and within hours, it soared to $0.50 before settling near $0.45. Usually, airdrops trigger big sell-offs, but ASTER defied the pattern.
The rally didn’t stop there. On its first day, $ASTER surged a staggering 1,650%, generating over $310 million in trading volume. The Aster DEX also saw its TVL climb to $1.005 billion, bringing in more than 330,000 new wallets in just a single day.
Currently, the token trades around $0.5901, up 263.1% in the last 24 hours, with an all-time high of $1.27 and a low of $0.09971, highlighting the extreme volatility and strong early interest in the project.
The rally got another boost when former Binance CEO Changpeng Zhao (CZ) tweeted about ASTER. “Well done! Good start. Keep building!” he wrote, sharing a price chart.
With support from CZ-linked Yzi Labs and other Binance affiliates, Aster already carries credibility. The community is excited.
One user, @deg_ape, tweeted: “$ASTER is giving me literal generational FOMO 🥶 … at this moment, #Aster should be no brainer to ape in.”
ASTER is a multi-chain DEX with both spot and perpetual markets. The platform runs on BNB Chain, Ethereum, Solana, and Arbitrum. It also offers advanced features like Hidden Orders and MEV protection, appealing to serious traders.
In just a few months, ASTER has seen:
For comparison, its competitor Hyperliquid (HYPE) has an annual revenue run rate approaching $1B. ASTER’s early traction shows the project has serious growth potential.
Analysts are already speculating about a 10X rally. Key triggers could include token withdrawals going live, a possible Binance listing, and other Tier-1 exchange listings.
@DigitsCapital highlighted the main catalysts: “2 Catalysts I am looking for with $ASTER are 1. Obvious Binance listing … 2. Announcement of some type of buyback mechanism from fees. They have accumulated $50M+ in fee revenue thus far!”
At a $977 million market cap, ASTER still trades below rivals, leaving room to grow. Some are calling it the “Chinese Hyperliquid,” suggesting the token could reach $15B FDV, still smaller than HYPE’s $55B valuation.
ASTER remains in price discovery mode, so volatility is expected. But with CZ’s backing, a growing user base, and multi-chain capabilities, the project has all eyes on it.
Crypto Twitter is locked in on it. For early investors, the FOMO is real.
ASTER is the native token of Aster, a multi-chain decentralized exchange with spot and perpetual markets, backed by Binance affiliates and CZ.
ASTER surged over 1,600% from $0.0089 to near $0.50 on launch day, defying common airdrop sell-off patterns.
CZ’s public support via tweets and backing by YZi Labs boosted credibility, sparking huge trading volume and user adoption.
Analysts foresee potential 10X rallies with upcoming Binance listings, withdrawal activations, and buyback mechanisms increasing demand.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The excitement around new crypto ETFs in the U.S. has been huge this year, with…
The crypto market has seen a sharp bounce over the past week, with Bitcoin, Ethereum,…
Crypto market sentiment keeps bolstering as analysts assign exquisite profits across several primary altcoins, with…
Nowadays, investors choose AI-based tokens over other cryptocurrencies. Ozak AI is a top emerging token…
The QNT price is showing a notable shift in momentum as it breaks free from…
Q4’s next big performer may have been unveiled, as Digitap ($TAP) announced a $1 million…
