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I discovered the secret of why ASTER isn't rising, and immediately switched my position to it!
Recently, everyone has been asking: "ASTER is buying back every day, so why isn't the coin price rising?" I studied the on-chain data and found a harsh truth: the project team and large holders are actually quietly selling! The project team hopes for a low coin price to buy back at a lower cost; the large holders, having received airdrops, see the price instability and also want to cash out quickly. Both sides are selling, but who is buying? Only the retail investors who are picking up the pieces.
What's even more heartbreaking is that the project team has no motivation to pump the price—the low coin price is actually more beneficial to them. Proposals like "staking online" and "holding airdrops" are powerless in the face of interests.
What's even more heartbreaking is that the project team has no motivation to pump the price—the low coin price is actually more beneficial to them. Proposals like "staking online" and "holding airdrops" are powerless in the face of interests.
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