Cryptocurrency Aster is on the rise: The next hyperliquid?
In this article you will learn:
- Why Aster is suspected of manipulation
- What role does Binance founder CZ play in the project?
- How Aster's token distribution poses price fantasies and risks
- Why crypto whales might bet on Aster instead of Hyperliquid
- Which other crypto platform lurks in Aster's shadow
Like Hyperliquid once did, the Perp DEX Aster is currently keeping the crypto community on edge. The cryptocurrency launched on September 17 with a market capitalization of $116 million and peaked at $3.26 billion in the following days. According to Arkham, even YouTube star Mr. Beast was convinced to invest. However, the token offering is highly concentrated, leading to accusations of market manipulation. So, what's the truth: Is Aster merely a momentum-driven, insider-driven scam, or is it actually a promising player in the Perp market?
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