Aster (ASTER) saw a 21% price increase after announcing a tokenomics update that uses 99% of daily platform fees to buy back and burn tokens, rewarding stakers. Despite this, the rally occurred within a broader bearish trend, with recent price retracements suggesting traders view the surge as a selling opportunity. The altcoin's price faces resistance around $0.75-$0.80 and must surpass $0.811 to shift to a bullish trend. Overall, the market structure remains bearish, and further downward movement is likely in the short term.
Aster's native token ASTER surged over 10% after announcing a major buyback and burn program that uses 99% of daily platform fees to buy back tokens, which are then distributed as rewards to veASTER holders. This move aims to reduce the total token s...
Starting June 17, 2026, Aster will use 99% of its platform fees to buy ASTER tokens from the market, triggering an equivalent burn from reserve tokens. This dual buyback and burn mechanism aims to reduce the total ASTER supply from 8 billion to 3 bil...
Provenance Blockchain (HASH) surged 14.22% to $0.009959, leading the top gainers with a market cap of $540.71 million. The rise reflects increasing interest in blockchain applications for traditional finance sectors. Other notable gainers include Eth...
ASTER surged over 20% after Aster announced a new tokenomics plan dedicating 99% of platform fees to daily ASTER token buybacks and large-scale supply reductions. The protocol aims to reduce the total token supply from 8 billion to 3 billion by burni...
Aster, a decentralized exchange on BNB Chain, announced a new tokenomics model that uses 99% of its daily platform fees to buy back ASTER tokens and burns an equal amount from reserves, creating a 198% buyback and burn effect. The bought-back tokens ...
