Whale and CZ Buy Dem Dey Drive ASTER Token Rally, $1.1M Gain
For one week, one whale wey dem tag “ThisWillMakeYouLoveAgain” buy 8.41 million ASTER tokens for the CZ-backed Aster DEX, dem spend $8.14 million at average price of $0.97. Before this, for November 4, the investor put 4.21 million USDT to grab 4.6 million ASTER at $0.915. The position now show unrealized profit of $1.1 million. The same whale before wen make $36.2 million for PEPE trading. Binance founder Changpeng Zhao buy 2.09 million ASTER on November 2, na $2 million buy wey make price go up 30% to $1.20 before small fall. ASTER token dey trade now at $1.14 (+3.3% 24h, +11% 7d) with 24h volume pass $700 million. Market cap na $2.3 billion, with circulating supply about 2 billion tokens. Since $0.02 launch on September 17, ASTER token don rally over 10,000%. Recent whale and CZ moves dey show strong market interest and possible bullish momentum for ASTER token inside high volatility.
Bullish
Di big big buyings wey one prominent whale and Binance founder Changpeng Zhao make show say dem get strong demand for di ASTER token. Historically, CZ endorsement dey make price rise well well, and di recent 30% spike after hin buy show say market sentiment good. Di rise for trading volume reach over $700 million and market cap pass $2.3 billion don confirm say liquidity and interest plenty. For short term, dis kain transactions fit boost buying pressure and keep di upward momentum. For long term, if di whale continue to dey accumulate and on-chain activity for Aster DEX dey grow, e fit stabilize ASTER token value and attract new investors, wey go support di bullish outlook even though di token get some wahala with volatility.