Why Is ASTER’s Price Down Today?
Aster $ASTER is trading at $0.8273, down despite recent attention, with price pressure linked mainly to heavy trading activity and supply dynamics. Although ASTER shows strong visibility with over 200K holders, the token is experiencing short-term volatility driven by market behavior rather than a fundamental breakdown.
One key factor is the sharp spike in trading volume, which reached $647.2 million in the last 24 hours, up more than 233%. This surge pushed the volume-to-market-cap ratio to 32.41%, often a sign of profit-taking after recent gains, as traders lock in returns.
Supply metrics also play a role. ASTER has a circulating supply of 2.41 billion tokens out of a maximum supply of 8 billion, with an FDV of $6.61 billion. The gap between current market cap ($1.99B) and FDV can create dilution concerns, encouraging short-term selling.
Despite today’s pullback, ASTER remains a top-40 crypto by market cap, and its long-term performance will likely depend on ecosystem growth, token utility, and broader market sentiment as volatility stabilizes.
Visit- cryptopresalenews.com
