ASTER (Aster) rose 1.69% in the last 24 hours.

Gate News Bot message, on October 15th, according to CoinMarketCap data, as of the time of writing, ASTER (Aster) is currently priced at $1.47, having risen by 1.69% in the last 24 hours, reaching a high of $1.93 and a low of $1.17. The 24-hour volume is $1.474 billion. The current market capitalization is approximately $2.956 billion, an increase of $49 million compared to yesterday.

Aster is a next-generation decentralized exchange for perpetual contracts aimed at all traders. The platform offers advanced tools such as cross-chain trading, deep liquidity, and hidden orders, supporting US stock trading with leverage up to 100x, fully settled on-chain without the need for bridging. Aster is dedicated to creating a trading experience that is simple, controllable, and competitive for both novice and professional traders.

Important news about ASTER recently:

1️⃣ Whales continue to transfer tokens to exchanges A whale address that once hoarded 133 million USD worth of ASTER has recharged 7.937 million ASTER to the exchange in the past 10 hours, valued at approximately 11.518 million USD. The address currently still holds 31.89 million ASTER on-chain, valued at approximately 47.84 million USD. Since its first recharge, the ASTER coin price has fallen from 2 USD to 1.49 USD. This continued large-scale transfer behavior may impact the market supply and demand balance.

2️⃣ Phase Three Airdrop Plan Launched Aster has launched Stage 3 airdrop, with 2.5% of the total supply allocated for this stage, distributing 0.5% per epoch. The project team updated the Rh Points calculation rules on October 14 at 16:00 UTC to balance the reward weights of different contribution types. This initiative aims to optimize fairness and may impact token distribution and user participation in the short term.

3️⃣ The second phase of airdrop transaction fee refunds begins The transaction fee refunds for the second phase of the Aster airdrop plan have begun to be issued. The refund process is expected to be completed before 12:00 UTC on October 14. This action demonstrates the project's commitment to user interests, which may enhance community confidence but could also impact the volume of token circulation in the short term.

From a technical perspective, the AST price has seen a slight rise in the past 24 hours, which may be related to the combined effects of the factors mentioned above. The continuous transfer of whales may bring some selling pressure, but the launch of the third phase airdrop and the implementation of trading fee refunds could inject positive factors into the market, temporarily offsetting some downward pressure.

This message is not intended as investment advice; investors should be aware of market volatility risks.