FOMO Buy Now or Wait for a Better Entry?
The post FOMO Buy Now or Wait for a Better Entry? appeared on BitcoinEthereumNews.com. Aster, widely seen as Hyperliquid’s biggest rival, is dominating headlines after securing the public backing of Binance co-founder Changpeng “CZ” Zhao. The Aster price has surged 1900% in just five days, going live at $0.10 on September 17 and reaching a new all-time high of $21.97 on Sunday. It reached a peak market capitalization of $3.26 billion and a fully-diluted valuation of $15.77 billion. Aster is a next-generation decentralized exchange (DEX) that delivers spot and perpetual trading with up to 1001x leverage, combining the non-custodial security of DeFi with the speed and user experience of a CEX. Backed by Binance co-founder CZ and incubated through his YZi Labs, Aster is being touted as a multi-chain rival to Hyperliquid. Owing to its explosive post-launch rally, sidelined investors are wondering whether Aster is still a good investment or if they should wait for a better entry point after a pullback. While the Aster price prediction from prominent analysts leans bullish, the coin’s technical indicators point to the likelihood of a near-term pullback. What Is Aster: CZ’s Counter To Hyperliquid? Aster is the latest hybrid CEX-DEX trading platform, widely seen as Binance and co-founder Changpeng “CZ” Zhao’s answer to Hyperliquid. Hyperliquid’s CEX-style DEX trading model was viewed as a serious threat to centrally controlled platforms like Binance. Headlines started calling Hyperliquid the end of Binance as investors poured in for its near-instant execution, deep liquidity, ultra-low fees, and permissionless high-leverage trading. Now, Aster is being viewed by investors as CZ’s response to Hyperliquid. Backed and incubated by CZ’s YZi Labs (formerly Binance Labs), Aster emerged from a merger of APX Finance (formerly ApolloX) and Astherus in late 2024. APX brought advanced perpetual contract trading, while Astherus contributed yield and liquidity-focused products. After rebranding, Aster introduced both spot trading and perpetuals, offering two trading…
The post FOMO Buy Now or Wait for a Better Entry? appeared on BitcoinEthereumNews.com.
Aster, widely seen as Hyperliquid’s biggest rival, is dominating headlines after securing the public backing of Binance co-founder Changpeng “CZ” Zhao. The Aster price has surged 1900% in just five days, going live at $0.10 on September 17 and reaching a new all-time high of $21.97 on Sunday. It reached a peak market capitalization of $3.26 billion and a fully-diluted valuation of $15.77 billion. Aster is a next-generation decentralized exchange (DEX) that delivers spot and perpetual trading with up to 1001x leverage, combining the non-custodial security of DeFi with the speed and user experience of a CEX. Backed by Binance co-founder CZ and incubated through his YZi Labs, Aster is being touted as a multi-chain rival to Hyperliquid. Owing to its explosive post-launch rally, sidelined investors are wondering whether Aster is still a good investment or if they should wait for a better entry point after a pullback. While the Aster price prediction from prominent analysts leans bullish, the coin’s technical indicators point to the likelihood of a near-term pullback. What Is Aster: CZ’s Counter To Hyperliquid? Aster is the latest hybrid CEX-DEX trading platform, widely seen as Binance and co-founder Changpeng “CZ” Zhao’s answer to Hyperliquid. Hyperliquid’s CEX-style DEX trading model was viewed as a serious threat to centrally controlled platforms like Binance. Headlines started calling Hyperliquid the end of Binance as investors poured in for its near-instant execution, deep liquidity, ultra-low fees, and permissionless high-leverage trading. Now, Aster is being viewed by investors as CZ’s response to Hyperliquid. Backed and incubated by CZ’s YZi Labs (formerly Binance Labs), Aster emerged from a merger of APX Finance (formerly ApolloX) and Astherus in late 2024. APX brought advanced perpetual contract trading, while Astherus contributed yield and liquidity-focused products. After rebranding, Aster introduced both spot trading and perpetuals, offering two trading…
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