The main reason the $ASTER project has struggled and its price has dropped is a massive crisis of trust stemming from severe centralization concerns đ.$ASTER #BNBmemeszn
The core issue is the Token Concentration in a few hands: Reports claimed that up to 90% of the token supply was held by just six wallets đł. This signals a huge risk to investors, as these "whales" could coordinate a massive sell-off (a dump) at any time. Adding fuel to the fire, the project was accused of wash tradingâartificially inflating its trading volume to look popularâwhich led to major data#WhaleWatch aggregator DefiLlama delisting ASTER đ«. When a project's decentralization and data integrity are heavily questioned, investor confidence vanishes quickly, leading to the rapid decline in price.$ASTER #PerpDEXRace