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BULLISH 📈 : Aster Launches Stage 6 Buyback, Token Gains 6.5%
Aster has launched its Stage 6 buyback program to reduce ASTER supply and support demand:
- Starting February 4, up to 80% of daily platform fees will be allocated for ASTER buybacks.
- 40% of fees used for automatic daily buybacks, ensuring consistent on-chain support.
- An additional 20-40% reserved for strategic buybacks based on market conditions.
- All transactions are publicly verifiable on-chain with regular execution updates.
- 254 million ASTER bought back; 78 million tokens burnt and another 78 million relocked into airdrop allocation.
Aster CEO Addresses Rumors
- Aster CEO Leonard clarified the project operates independently from Binance.
- Addressed concerns about recent poor ASTER price performance.
- Stage 6 will be the final trading airdrop, pausing monthly token unlocks until staking launches.
ASTER's Price Reaction
- Buyback announcement led to a 6.5% increase in ASTER's market price, reaching $0.59.
- Potential breakout from falling wedge pattern could push price to $1.25.
Maxi Doge Presale Update
- Maxi Doge has raised over $4.56 million in its presale.
- Tokenomics include a current price of $0.0002802 and a staking APY of 68%.