$ASTER Technically, graph looks solid. Sitting on a very nice $0.53-0.58 window. And high probability of $0.68, $0.91, $1.08. Good ROI and trade the levels.
$ASTER team has been buying back tokens using 80% DEX fees (up to significant amounts per day) and burning a portion to reduce circulating supply. This creates deflationary pressure, which can support price long-term.
Large burns (77.8M tokens) have already taken place, permanently reducing supply.
deflationary buybacks and burns improve scarcity and create structural support that makes revisiting $1
Price is showing strength after bouncing from the key demand zone and maintaining a short-term bullish structure. If momentum continues, we could see a push toward the next resistance levels as market sentiment improves.
Many criticize ASTER saying that $HYPE generates much higher profits, but what these people don't know is that trading fees on $ASTER are much lower, and that the large traders—those who move the most volume and would generate the most profit—haven't paid maker fees for a long time.
Consequently, the profits generated are lower. But ASTER prefers to sacrifice those profits to attract more traders to its platform.