$ASTER This destruction drama is just a one-man show performed for the chives.
I just came across their destruction announcement, and it really makes one laugh and cry—putting on such a show on the surface is quite a 'talent'. They talk about buybacks and destruction, yet only burn 50%, and the rest is stuffed into the so-called 'strategic reserve pool'. Can the sleight of hand be any more obvious?
I remember back then, ASTER was packaged as the 'favorite child of Binance', 'Hyperliquid surpasser', with KOLs all rallying and big shots constantly promoting it, driving the price up to 2.4U. As soon as retail investors jumped in, they immediately started harvesting, and the coin price dropped to 0.54U, nearly halving again. Ironically, 96% of the tokens are concentrated in 6 wallets, with big players smashing the price without mercy, while the project team shouts 'buyback to support the price' but is caught on-chain data sneaking out their own goods—this is truly an ugly sight.
In comparison to Hyperliquid's 97% complete destruction, ASTER's so-called '80% buyback + 50% destruction' is simply miserly. It is grandly called 'ecological reserve', but in plain terms, it just means saving bullets for the next round of harvesting. The amount destroyed is not even a fraction of what the big players can throw out, and the on-chain data is crystal clear; market trends never lie, so don't use destruction hype to fool people into picking up the pieces.
From being delisted by DeFiLlama for faking trading volume to unfair airdrops and frequent L1 delays, ASTER has almost stepped on every landmine. The current destruction drama is just another life-prolonging lie. Those who believe it may have to pay another intelligence tax.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
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