Aster, new dispersed exchange on Binance Smart ChainRecently, the token jumped 47% on the last day, setting a new high of $2.12 on Tuesday afternoon.
and predictors MyriadDeveloped by the Forecast Market DecryptionParent company Dastan believes that 45% chances will continue to pay, reaching $4 by the end of October. This will almost double the current price to $2.06.
ASTER generated $4.58 million in daily revenue, according to on-chain data collected by. defill. We believe this is above its main rival Hyperquid, which generated just $2.82 million over the same span. That said, Aster is behind the daily volume. $558.95 millioncompared to Hyperliquid’s $783.52 million.
Aster is a Distributed Exchange It is specialised forever futuresSupported by the founders of Binance Changpeng “CZ” ZhaoA crypto investment company from YZI Labs. This has been considered a competitor to Hyperquid in the BNB chain. This is another Dex specializing in perpetual futures, one of the biggest crypto projects of the year.
After a large scale $1.6 billion airdrop In 2024, high lipids began making headlines as whales use exchanges to make highly utilized bets for the world to see. For example, a Whale opened up a Bitcoin short, which was primarily used It was worth $521 million in March, leading to a group of investors trying to settle the whales.
High lipids as a result of rising demand Hype Tokens have skyrocketed to a market capitalization of $12.6 billion, the 18th largest cryptocurrency in the world. Co Ringecko. The hype has fallen more than 3% of the day and more than 13% this week amid the emergence of hot and new BNB rivals. In comparison, Aster is the 50th largest token with a market capitalization of nearly $3.5 billion.
Aster’s arrival inverted predictors Myriadnow we think that the hype will likely reach $39 next before reaching $69. This is completely different from Friday when predictors believed that the hype likely reached $39 in the first place.