CZ-Backed Aster DEX Launches as Hyperliquid Rival, with $ASTER Token Skyrocketing 130% to $0.2181 and Hitting $300M Market Cap in Just 6 Hours.
Supported by YZi Labs (formerly Binance Labs), PancakeSwap from BNB Chain, and other key players, Aster establishes itself as a multi-chain DEX for perpetual and spot trading, aiming to rival Hyperliquid.
In just six hours after launch, Aster’s $ASTER token surged from $0.08 to a peak of $0.2181, achieving a market cap exceeding $300 million and yielding over 130% returns for early investors.
Aster’s Genesis campaign, spanning several months, drew in hundreds of thousands of unique wallets and racked up over $514 billion in cumulative trading volume, underscoring its robust pre-launch momentum.
To kick off the mainnet rollout, the team unveiled a massive community airdrop distributing 704 million $ASTER tokens equivalent to 8.8% of the project’s total 8 billion token supply, rewarding early participants and fostering grassroots engagement.
“CZ rarely shares charts. But he posted ASTER. Why? Because it’s a direct Hyperliquid rival, and Hyperliquid keeps stealing Binance’s market share,”
Langerius – founder of Hunters of Web3
$ASTER Price Prediction
At the time of writing $ASTER is trading at $0.4801 reflecting a 132% increase in price. Aster’s recent developments align with the altcoin season’s +62% monthly index gain, where capital is rotating into high-utility DeFi tokens.
Despite the hype, ASTER’s low circulating supply (20.7%) and $1.5 billion FDV make it prone to sharp corrections.
The 350% spike against the broader market’s +1.84% gain screams overextension, with RSI likely overbought (above 70 based on recent charts). Profit-taking from airdrop recipients could thin liquidity, especially if daily volume dips below $300 million.
$ASTER could see 10x rally to $15 billion FDV if it captures Hyperliquid-like hype, fueled by CZ’s network and Q4 incentives. NFA obviously.
