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Aster unlocks $1.37M tokens, price tests six-month low with downside risk near $0.58

Protocol Fundamentals
01 Aug 2026
AMBCrypto
View Source
Bearish
pluang ai news

Aster recently unlocked $1.37 million worth of tokens, with over 70% allocated to ecosystem staking and airdrops, increasing token supply. Despite healthy network usage and buybacks absorbing most rewards, the token price remains near the lower boundary of a six-month trading range between $0.595 and $0.775. Technical indicators show bearish pressure, with a significant liquidation cluster near $0.58, suggesting potential further downside if support fails. Investors should watch if buyers defend the current floor or if the price drops toward the liquidity zone around $0.58.

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