ASTER Token Rallies 13% Amid Broader Crypto Market Weakness

ASTER Token Surge

  • ASTER, the native token of Aster DEX, gained 13% in the last 24 hours, surpassing $1.0.
  • This rally follows Binance founder Changpeng Zhao's announcement of buying ASTER dips.
  • Crypto analyst Ardi noted ASTER's strong performance amidst a weak crypto market.
  • Bulls have broken through multiple resistance zones, maintaining momentum.
  • Trading volume increased by 10% to $1.5 billion; futures open interest rose 4% to $567 million.

Changpeng Zhao's Investment Moves

  • CZ bought ASTER at $0.80 and previously over $2 million worth of ASTER within a week.
  • His purchases followed allegations he denied about selling 35 million ASTER tokens.
  • After his initial purchase, ASTER peaked at $1.25 before dropping amid a broader market sell-off.

Bitcoin Hyper Fundraise

  • Bitcoin Hyper (HYPER), a layer-2 project, approaches $26 million in fundraising.
  • Aims to improve Bitcoin scalability and efficiency with faster, cheaper transactions.
  • Current presale price is $0.01325, with investors able to stake for a 46% annual yield.