2d ago

ASTER token drops to $0.60 from $2.41 peak after Sept. 17, 2025 launch

AI Market Summary

News details a ~75% drawdown in ASTER since launch, driven by alleged wash trading/incentive-farming inflating reported perps volume and DeFiLlama removing the metric over data integrity concerns. Structural tokenomics (only 34% circulating, ~$4.7B FDV, concentrated allocations) amplify perceived overhang and sell-pressure risk. Mitigations (emission cuts, buybacks, burns) have not restored confidence in the project's core narrative.

Impact level

● Medium

Affected assets

ASTER/USDT+0.49%

AI Insight · ASTER/USDTAI Insight

▼ Bearish

Trade now

⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.

ASTER hit an all-time high of $2.41 within a week of its September 2025 launch but has since fallen to $0.60, down about 75%. The project previously claimed $23B in daily trading volume, but it has been accused of wash trading and DeFiLlama has removed its volume data. Only 34% of the supply is circulating and the FDV is close to $4.7B. Concentrated token allocations have fueled concerns about persistent selling pressure.

Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.

Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.