Aster (ASTER) On Bsc

Social Signals

Social Signals On 2025-09-24

Bullish Signals:

• Aster surpasses Hyperliquid in daily revenue, generating $9.93M within 24 hours, now ranked #2 behind Tether.
• Aster CEO confirms the upcoming launch of Aster Chain, featuring sub-second finality, integrated perpetual contracts, and token buyback plans.
• Galaxy Digital-associated wallet accumulates 46M ASTER tokens valued at $103M, now holding 2.77% of circulating supply.
• Trust Wallet integrates ASTER DEX with 100+ markets and up to 100x leverage, boosting ecosystem activity.
• Aster's perpetual futures trading volume hits $21.9B in 24 hours, more than double Hyperliquid's volume.

Bearish Signals:

• ASTER's volume-to-TVL ratio of 19:1 indicates aggressive wash trading, with 93% of supply in top wallets and team selling 47.2M tokens yesterday, raising concerns about sustainability if farming incentives dry up.
• Recent monitoring shows ASTER's short positions totaling $14.77M, alongside other major positions in BTC, ETH, and SOL, signaling bearish sentiment from large market players.
• ASTER faces criticism for lacking transparency, with no blockchain deployment, manipulated volumes, and high valuation ($18B FDV), while 88.25% of its supply is controlled by just four wallets.

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Social Signals On 2025-09-23

Bullish Signals:

• ASTER surpasses Hyperliquid in 24-hour trading volume and revenue, becoming the #1 perp DEX with $11.8 billion in volume within 24 hours.
• Binance founder CZ actively endorses ASTER, with plans to allocate significant resources to its development, positioning ASTER as a core component of the Binance ecosystem.
• The ASTER Genesis 2 airdrop, ending on October 5, will distribute 4% of total supply (~$450M), incentivizing trading activity and expanding its user base.
• Regulatory developments include the SEC's 'Innovation Exemption,' providing ASTER and similar projects in the US the ability to launch products without strict prior compliance requirements.

Bearish Signals:

• Some users reported poor user experience on the ASTER platform, including frequent issues with K-line display, wallet signing failures, and long deposit times for non-BNB chains, which take 10-15 minutes compared to 2 minutes on BNB chain.
• From a fundamental perspective, ASTER is trading at 150x its annualized fees compared to Hyperliquid's 42.5x, making it relatively less attractive according to some community members.
• Concerns have been raised about liquidity and speculative trading patterns following ASTER's recent high valuation, with some users suggesting potential market fatigue after this cycle.

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Social Signals On 2025-09-22

Bullish Signals:

• ASTER has announced a 5% fee discount for perpetual trading fees if paid using ASTER tokens, promoting user adoption and incentivizing token holding.
• Binance and CZ actively endorse ASTER as a decentralized exchange rival to Hyperliquid, showcasing significant market backing and potential growth.
• ASTER Genesis Stage 2 airdrop allocates 4% of the token supply (~$460 million at current value), incentivizing trading activity and ecosystem participation.
• ASTER recorded over $3 billion in perpetual trading volume in 24 hours, demonstrating strong market traction and activity.

Bearish Signals:

• ASTER experienced significant selling pressure with reports of centralized holdings (~85% supply in top 3 wallets) and no planned buybacks or burns, contributing to concerns about its long-term sustainability.
• The ASTER token witnessed a sharp decline, falling from $2 to $1.33 in a short period, with reports of coordinated shorting and substantial liquidations across the market.
• Political meme coin launches, such as $TRUMP, appear to have affected ASTER by drawing liquidity away, with ASTER described as part of a broader speculative cycle tied to Binance-backed tokens.
• Technical metrics indicate declining trading volume for ASTER and increased sell pressure, with $770 million in anticipated sell pressure over the next three weeks.
• Reports suggest that ASTER's price movement is heavily influenced by manipulation, with Binance market-making strategies possibly liquidating both long and short positions, raising concerns about market fairness.

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Social Signals On 2025-09-21

Bullish Signals:

• ASTER's trading volume surged to $2.1 billion within a week, increasing its market share from 11% to 27%, and directly challenging Hyperliquid's dominance.
• Binance's CZ is actively supporting ASTER as part of a strategic push into decentralized exchanges, with ASTER positioned as the cornerstone of Binance's DEX ecosystem.
• Aster DEX achieved rapid adoption, with its perpetual volume surpassing $700 million on Hyperliquid within 24 hours, demonstrating its growing traction in the DEX space.
• ASTER's ecosystem benefits from SafePal's integration, allowing users to access decentralized perpetual trading directly within the SafePal app with competitive fees lower than Hyperliquid's.
• MrBeast, a prominent YouTube influencer, invested $114,000 in ASTER, highlighting growing interest from high-profile figures in the crypto space.

Bearish Signals:

• 88.25% of ASTER's token supply is concentrated in 4 wallets controlled by SafeProxy multisigs, with one wallet holding 44.7%. This raises concerns about potential manipulation or dumping by the team.
• Despite ASTER's hype, technical issues have been reported, including non-functional deposits and trades on its platform. Additionally, the user experience lacks basic features like position size visibility and realized PNL tracking.
• ASTER is criticized for its lack of a functioning product and market fundamentals, with 96% of tokens owned by just six wallets and wash trading inflating its perceived market cap of $10B+.
• Many short positions have been liquidated as ASTER's price climbs, reflecting high volatility and risks for traders betting against the token. Reports indicate over $5M in liquidated longs within 4 hours of its peak.

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Social Signals On 2025-09-20

Bullish Signals:

• ASTER has gained significant traction with TVL reaching $835M in just three days, surpassing competitor Hyperliquid's TVL of $695M.
• Binance-backed ASTER token is supported by CZ and Binance Labs, listed on Binance Futures and multiple exchanges, with 2M users and $520B trading volume recorded in 48 hours.
• Three whales accumulated ASTER tokens worth millions, showcasing strong on-chain activity and institutional interest.
• ASTER has become the top altcoin by growth, achieving a 1,033% increase in three days, and is noted as a major token in the Binance ecosystem.
• ASTER is positioned as Binance's key Perp DEX token with CZ's endorsement, and its FDV potentially reaching $10 billion, reflecting strong market confidence.

Bearish Signals:

• ASTER faced significant issues post-TGE, including webpage crashes, trading unavailability, and a reported negative price premium of up to 10% between ASTER and APX tokens.
• Large-scale leveraged short positions have been opened against ASTER, including a 3x short by Machi Big Brother with $122K and another major short involving $378K, showing bearish sentiment among high-profile traders.
• Liquidity constraints are impacting ASTER, with only around $5.7M liquidity on the BSC chain despite an FDV of $6.5B, leading to thin order books across multiple exchanges and heightened volatility.

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Social Signals On 2025-09-19

Bullish Signals:

• ASTER is positioned as a critical strategic initiative by Binance, with strong backing from CZ and Binance resources, enhancing its long-term potential.
• ASTER is emerging as a top decentralized perpetual futures exchange within the BSC ecosystem, standing alongside prominent projects like Cake, Venus, and Lista.
• ASTER launched on Binance Alpha on September 19, offering increased liquidity and trading capabilities with up to 4x leverage, marking a significant step in its adoption.
• CZ's public endorsements and strategic support for ASTER reinforce its market presence, with ASTER perceived as Binance's competitor to Hyperliquid.
• ASTER recorded $1.5 billion platform volume and over 330,000 wallet activations within 24 hours of its launch, showcasing rapid adoption and strong market momentum.

Bearish Signals:

• 92% of ASTER's supply is held in 4 addresses, with 656 billion tokens in the swap vault ready for potential dumping, raising concerns about centralized control and exit liquidity issues.
• Reports criticize ASTER's functionality, describing it as inferior to older decentralized exchanges (DEXs) with poor user interface, clunky execution, and malfunctioning orders.
• Chinese users express dissatisfaction with ASTER's usability, describing it as extremely difficult to use.