ASTER Plummets Amid Bitcoin Volatility and Token Unlock Concerns
ASTER Hits Record Lows as Bitcoin Turbulence and Supply Fears Mount
ASTER's Value Declines Sharply
ASTER has hit an all-time low, coinciding with heightened Bitcoin volatility affecting the crypto market. The downturn followed Bitcoin's rapid drop from $95,400 to around $92,000, sparking a risk-averse sentiment among altcoin investors.
Structural Pressures Impact ASTER
Market analyst Mario Nawfal noted ASTER's breakdown as Bitcoin faced heavy selling pressure. The token lost its support at $0.70-$0.68, leading to significant sell-offs. ASTER fell to $0.641, with Bitcoin's move triggering widespread liquidations.
CoinGecko data shows ASTER trading at $0.629, with a 24-hour volume of approximately $292 million. The token's price fell by 12.17% in a single day and 11.21% over the week, indicating active market distribution.
Supply Pressures from Token Unlocks
Concerns about ASTER's supply persist, with Mizzella pointing out that 96 million tokens will unlock in February 2026, followed by quarterly unlocks until 2035. This gradual increase in circulating supply adds to the selling pressure.
Past events, like the October 2025 airdrop, saw ASTER's price halved as 320 million tokens were released, with whales offloading a significant portion of the supply.
Competitive and Market Dynamics
Market observers have noted weakening fundamentals and increased competition. ASTER's delisting from DeFiLlama and competitors gaining traction suggest shifting user preferences. ASTER's high leverage offering, up to 1001x, intensifies volatility, particularly during Bitcoin's downturns.
Analysts continue to monitor Bitcoin's performance for future ASTER price movements, with stabilization above $93,000 potentially easing the pressure.