Coinspeaker
7 hour ago
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Aster’s Token Rallies 3.5% Amid AI vs Human Trading Contest

Aster DEX Token Rally:

  • Aster's native token, ASTER, rose by 3.5%, reaching $1.12.
  • Market cap increased by over $80 million, totaling $2.65 billion.

New Trading Competition Announcement:

  • Aster announced a trading contest from December 9 to 23, pitting human judgment against AI models.
  • 100 funded seats are available for traders selected based on their recent two-month performance.
  • Each participant receives 10,000 USDT to trade perpetual contracts, with Aster covering any losses.

Prize Structure:

  • The top prize is $100,000 if a human wins; otherwise, profitable traders share a $50,000 pool.
  • The pool doubles to $100,000 if humans collectively outperform AI in returns.

Registration and Timeline:

  • Registrations opened on November 28 and close on December 4.
  • Selected participants will be notified on December 7, with trading starting December 9.
  • Prizes distributed within a week after final checks post-contest.

Aster's Future Plans:

  • The contest follows the "Rocket Launch" campaign, boosting ASTER’s exposure to early-stage projects.
  • ASTER has increased over 1,200% since September launch.
  • Plans for a privacy-oriented Layer 1 chain aimed at high-speed trading, with public testnet in late 2025 and mainnet in early 2026.