đš ASTER WARNING â ïž
ASTER has plunged over 20% from its peak (~$2.43) to around $1.87, despite Binanceâs CZ backing.
Investors are fleeing: a major player âMike Essâ dumped 60% of his ASTER holdings, citing product disappointment (calls it âslower, less polished, feels like copy-pasteâ) and shifting into BTC and XPL.
Mixed signals from CZ: His support is seen as ambivalent. His remarks in a recent Spaces call spooked some holders, fueling doubt over his commitment.
Meanwhile, competition is heating: Hyperliquid (and its HYPE token) is being cited by traders as more polished, stronger in metrics, and a preferred alternative.
Underneath it all, ASTERâs fundamentals are still âimpressiveâ for a fresh project â $82M+ in fees, $701M+ TVL on BNB Chain â but the sharp drop undercuts confidence.
đ The bottom line: even with CZâs aura, ASTER is seeing a brutal test of sentiment, product trust, and competition. The next moves will likely be violent.
đ Will ASTER rebound or bleed more? Eyes wide, strap in â this could get messy.
#ASTER #BNBChain #CryptoCrash #DeFiDrama #HYPEvsASTER
