Aster Protocol just made a significant move in its tokenomics strategy. The project burned over 77.86 million ASTER tokens directly from their buyback wallet. This substantial burn reduces the circulating supply and signals the team's commitment to their token value management approach. Worth keeping an eye on how this deflationary action impacts ASTER's market dynamics going forward.
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PositionPhobia
· 20h ago
Burning tokens again, this trick is getting old.
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SolidityNewbie
· 12-05 08:59
This round of burning is pretty aggressive—77.86m is gone just like that... But I’m curious to see if it can actually pump the price afterward. Is simply reducing the circulating supply enough?
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ConsensusBot
· 12-05 08:58
7.7 billion ASTER directly burned, this move is quite something... just worried they might issue more later.
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LiquidatedAgain
· 12-05 08:56
Burning tokens again? Hmm... looks like they really want to support the price this time, 77.86M burned directly from the buyback wallet. I've seen this move way too many times. The problem is—no matter how many tokens they burn, it's pointless if the price doesn't go up first. That's a hard lesson, everyone.
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CryptoTarotReader
· 12-05 08:43
7.786 billion tokens directly burned? This move is indeed ruthless; now it just depends on whether it can really pump the price.
Aster Protocol just made a significant move in its tokenomics strategy. The project burned over 77.86 million ASTER tokens directly from their buyback wallet. This substantial burn reduces the circulating supply and signals the team's commitment to their token value management approach. Worth keeping an eye on how this deflationary action impacts ASTER's market dynamics going forward.