ASTER Zooms 20% as Binance's CZ Purchases 2M Tokens

DEX token ASTER surged nearly 20% after Binance founder Changpeng Zhao (CZ) bought 2 million tokens, igniting speculative demand. This unexpected purchase was seen as a show of confidence from a key figure in cryptocurrency, prompting a subsequent rally in ASTER's price. ASTER is a rebranded derivative platform token, launched in September 2025, with a maximum supply of 8 billion tokens, primarily aimed at community incentives. Despite the spike in value, analysts caution about the high token supply and fierce competition from rivals as factors that could reverse this trend. CZ's supportive comments and the accumulation of USDT in ASTER's wallets have underlined the buy momentum, though traders are advised to remain cautious regarding the sustainability of the price increase amid a narrative-driven market.

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