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.
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LightningHarvester
· 1h ago
Burning tokens again, huh? This move looks pretty aggressive—77.86 million gone just like that.
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CryptoMotivator
· 10h ago
Damn, 77.86 million tokens burned directly? That's really ruthless.
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SorryRugPulled
· 10h ago
Burning over 70 million? That's pretty aggressive. Are they really trying to pump the price, or do they genuinely have confidence in their own token?
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ZenMiner
· 10h ago
A blaze of 77.86 million tokens—Aster’s maneuver here is pretty intense.
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MemeKingNFT
· 10h ago
It's the familiar "I'm accumulating coins at the bottom" trick again... 77.86 million tokens burned directly, this move is indeed interesting, but to put it bluntly, it's still just telling stories to retail investors.
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ChainMemeDealer
· 11h ago
Nearly $80 million went up in flames in one go—this move is truly ruthless. It seems Aster really does want to pump the price.
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GateUser-e87b21ee
· 11h ago
Burned $79 million worth of tokens, the pace is really fast. Even S4 has started quietly accumulating.
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.