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- 🔥 Gate Square Event: #GateNewbieVillageEpisode10
👤 Featured Creator: @CHAITHU
💬 Trading Quote: The market doesn’t reward emotions, only patience and discipline.
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🥉 3rd Prize (5
Aster just pulled off a major move—they directly burned half of the tokens bought back during the S3 season.
The amount burned this time is significant: 77.86 million $ASTER, which is roughly $79.81 million at current value. The action was swift, completed just an hour ago.
They also publicly disclosed the buyback wallet address for the S4 season. I checked the on-chain records, and they started working on it three days ago. So far, they've bought 8.81 million $ASTER at a cost of 9.13 million USDT. That averages out to $1.036 per token.
This buyback and burn combo shows the project team is tightening up the circulating supply. It's worth keeping an eye on the movements of this buyback wallet going forward.