#AsterBurns50%OfBuybackTokens Aster will burn 50% of the tokens in its buyback address to solidify its long-term value.
The Aster price fell 2.8% following recent news that the team would embark on a plan to burn 50% of its buyback tokens, pushing the token below the $1 threshold.
Aster launched its first token burn, committing to burning 50% of its buyback tokens from Season 2 and 3 rounds and locking the remaining 50% for future airdrops.
Despite the announcement, the
$ASTER price fell below the $1 threshold to $0.98, as investors awaited clearer signs that the new buyback and burn model wo