ASTER price prediction scenarios turned bearish as the token plunged over 20% to $1.55 following widespread community outrage over Stage 2 airdrop 0 with millions in trading volume and substantial fees paid received rewards worth mere hundreds of dollars, triggering accusations of insider manipulation and unfair 1 decline began after DeFiLlama removed Aster’s volume data on October 6 due to suspected wash trading, citing a 1:1 correlation with Binance perpetuals across multiple 2 analysis reveals ASTER testing key $1.50-$1.56 support within a symmetrical triangle pattern, while 153,932 qualified wallets prepare to claim tokens amid ongoing 3 Backlash and Wash Trading Allegations Trigger Selloff ASTER Stage 2 airdrop distribution sparked community fury with users reporting dramatically lower allocations than 4 trader with $2 million perpetuals volume received approximately $100 worth of tokens, while another generating $100 million in referral volume earned just 338 ASTER 5 I got 338 $ASTER airdrop Having 250 signups, $100M volume from referrals, doing quite decent volume myself and having positions open, But still I only got 338 $ASTER (I expected it to be very little).
I said it in the past few days and will say it again: Aster & Binance… 6 — Quinten | 7 (@QuintenFrancois) October 10, 2025 A user earning 15 million points through over $10 million volume and $2,830 in fees received 2,245 ASTER worth approximately $3,600. The allocation represented only $800 profit after expenses, prompting comparisons to competing DEX airdrops deemed far more 8 members accused the Aster team of diluting shares by 50% before epoch 3 ended without fixing the issue. $ASTER airdrop was super disappointing. @Aster_DEX I earned 15M points with over 10M in volume and spent $2,830 in fees, only to get 2,245 $ASTER , worth about $3,600.
So much grinding for just $800 …. Compared to other DEX airdrops, this is laughable, 9 worst… 10 — Drex (@DrexTo100x) October 10, 2025 Claims emerged that wash traders and insiders captured the majority of allocations while genuine users received minimal rewards despite substantial platform 11 detailed account compared two wallets showing 5.64 million points from real trading received 85 tokens, while 4.53 million points from bot activity received 275 12 disparity fueled accusations of insider distribution, contradicting promises to discourage wash 13 after widespread backlash, the Aster team acknowledged potential data inconsistencies affecting 14 team stated most users’ allocations should not fall below the final snapshot RH% in each epoch, promising to review and update where needed within the coming 15 announcement delayed the ASTER airdrop to October 20, with users receiving 48 hours after allocation updates to select the USDT refund 16 refunds will occur one day after token distribution for users choosing refunds over 17 on community feedback, we identified potential data inconsistencies affecting certain users' $ASTER 18 most users, allocations should not fall below the final snapshot RH% in each 19 are reviewing this issue and will update allocations where needed.… — Aster (@Aster_DEX) October 10, 2025 Earlier this week, DeFiLlama removed Aster’s perpetual futures volume data after detecting correlation ratios approaching 1:1 with Binance across XRP/USDT and other pairs.
Co-founder 0xngmi cited data integrity concerns, noting Hyperliquid showed decorrelation while Aster volumes mirrored Binance nearly 20 platform lacks access to maker-taker data needed to verify whether wash trading 21 patterns appeared even more extreme for ETH and other assets, prompting temporary delisting until verification becomes 22 investigator ZachXBT also criticized the normalization of wash trading after industry figure Anndy Lian argued all crypto projects engage in such 23 the last 24 hours, the Dune Analytics dashboard revealed $2.3 trillion total trading volume, $1.43 billion TVL, 3.24 million users, and $254 million all-time 24 platform added 20,195 new users in 24 hours despite controversy.) October 10, 2025 Bullish projections of this analyst target $3.00+, which is 90% gains from current levels.
However, recent price action tests the lower boundary, which has created a downside breakdown risk rather than a projected upside 25 indicators suggest maximum community pessimism with questions about whether “ everyone has given up .” Such sentiment extremes sometimes coincide with selling exhaustion, though technical evidence shows a clear downtrend without panic volume characteristics, which at the time of publication, the price peaked at $1.7 – $1.8 26 disappointments typically trigger cascading selloffs as participants who accumulated specifically for distribution liquidate 27 immediate 20% decline aligns with typical post-airdrop patterns, though the magnitude suggests disappointment exceeded normal expectations.
ASTER’s next trajectory depends on defending $1.50-$1.56 support zone or facing breakdown toward $1.30-$1.40 levels, which will be an additional 15-20% 28 defense could trigger a relief bounce toward $1.80-$2, though sustained recovery requires overcoming multiple resistance levels and rebuilding damaged 29 BTC Hyper the Next 100x Bitcoin Layer-2 Everyone’s Building? While ASTER faces airdrop backlash, this Bitcoin scaling solution is advancing toward mainnet 30 Hyper is getting attention because it makes Bitcoin faster and adds smart contracts using Solana 31 platform turns Bitcoin into a DeFi asset without changing the main 32 presale raised over $23 million, with the mainnet launching 33 investors can earn over 150% staking rewards while testnets and dApps go 34 is not new in the fast-paced crypto world that the best Layer-2 projects get discovered quickly once developers start building real 35 Hyper launches with audited code and cross-chain features ready for ecosystem 36 means you should buy now if you want presale 37 can buy BTC Hyper tokens on their website using BTC, ETH, USDT, or credit cards.
Story Tags
Latest news and analysis from cryptonews
