$ASTER Update
Whales were selling around $0.535, pushing price to a new low near $0.52, but then a large whale stepped in aggressively, defending the level and driving price back to the $0.55 area.
You can clearly see the whale's action holding support here.
We're sitting right on the psychological $0.50 level, nothing more than that; it has little to do with fundamentals or any real disaster.
This isn't 2017, 2018, or 2020 anymore, when early-stage projects launched at $1–10M market caps and you could bet on true startups.
We're in 2025–2026 now: projects launch directly into the market with $5–10B FDV valuations straight out of the gate.
It's become more like Wall Street, but would you rather invest in a crypto with zero guarantees, no real contracts, and no regulation, or established names like Micron, Nvidia, AMD, Broadcom, or Google?
The difference is massive.
At these inflated valuations, the only realistic play is short-term trading until they eventually gravitate toward fair value.
Finding long-term holds in this environment is nearly impossible right now, especially when we see young managements managing billions dollar valuation as done on Aster, or we see Lighter do same mistakes and other dexes copying the mistakes of others!
