Crypto News

ASTER Gets Major Boost as Project Launches Token Buyback Program, Expert Predicts $10 Spike

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ASTER has announced a token buyback program in a bid to stabilize token prices and circulating supply. In light of this development, an expert has projected that the token could rise to $10.

ASTER Launches Strategic Buyback Initiative

In a recent X post, the team confirmed that 70–80% of its Season 3 (S3) trading fees will be used for token buybacks, with the final allocation dependent on market conditions. 

According to the announcement, results will be released after S3 concludes. Subsequent airdrops and buybacks will also follow in future seasons.

The team explained that this would ensure operational adaptability amid volatile market trends. The project aims to reduce the circulating supply by diverting a large portion of platform fees toward token repurchases,

The project’s buyback plan builds on the momentum of its “Rocket Launch” initiative. This platform directly connects traders to new and emerging crypto projects. The trading fees generated through this launchpad are now being repurposed to fund the buyback program and reward community participants.

Under this model, the project combines buybacks and project-specific token pools to create a more interactive reward system. The platform’s previous campaign distributed $200,000 in ASTER tokens as rewards within days. This incentivised users to reach particular trading volume and balance goals for both Spot and Perpetual accounts.

Aster encountered difficulties after DeFiLlama delisted its trading volume data, prompting the launch of the buyback program. The removal triggered short-term selling pressure, sending the token down 10% in a single day. Analysts say this buyback could be aimed at avoiding such volatile movements.

Experts are also noting signs of renewed stability following Wintermute’s quiet reaccumulation of millions of tokens.

Expert Predicts ASTER Could Hit $10 Soon

Crypto expert Peters projected that the token could surge to $10 in response to the buyback announcement. This suggests confidence in its solid fundamentals and growing DEX market share.

Notably, the token has been in the green, pumping by 15% in response to CZ’s presidential pardon.

Meanwhile, Aster has regained its place in the perpetual DEX rankings. The platform surpassed competitors such as Lightchain and Hyperliquid with a 24-hour trading volume of over $10.6 billion.

Supporting this view, another analyst, Crypto Patel, compared the token’s growth potential to BNB. He suggested that it could become “the next $BNB within four to five years” if adoption continues at the current pace.

These projections highlight that the current buyback program could ignite the token’s next rally.

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Michael Adeleke

Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.

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