After years of shorting and going bankrupt, why did I choose to go long on Aster for the first time? $ASTER
To make a long story short:
1. Recent airdrop events have a significant impact on speculators, but not much on the coin price.
2. The fundamentals of hyper are still quite good, and $ASTER, as a DEX in the BN market, is still at a disadvantage in terms of market share. There is still a necessity for intense competition in the long term, and efforts to compete may be intensified later (more positive news).
3. There may be gameplay similar to bn holder or alpha, and participating in new listings is also a sure thing (recently mentioned in Singapore).
4. There may be revolutionary innovations such as order book sharing, which are technically not difficult (refer to the automatic market makers that balance prices among major exchanges).
5. From a technical analysis perspective, it is currently consolidating and choosing a direction. Considering the above news and the recent negative news that has not been recovered, unless there is an extreme situation like a stock market crisis or a major crash, the only way forward should be an upward break $ASTER
After a few sets of combination punches, one can imagine how great the future could be.