Aster (ASTER) is experiencing price consolidation following a dramatic 2000% surge, driven by significant whale activity and the involvement of YouTuber MrBeast, who acquired 538,384 ASTER at an average price of $1.87. The token is currently trading around $1.80, with a critical support level identified between $1.70 and $1.75. A breach of this support could see prices fall to $1.60.
Despite market fluctuations, Aster has demonstrated resilience, notably with its swift response to an XPL contract glitch. The token's daily trading volume stands at $46 billion. Additionally, the recent launch of the Plasma mainnet has locked over $2 billion in stablecoins, while XPL's fully diluted valuation has surpassed $120 billion.
Aster Price Stabilizes After 2000% Surge, Influenced by Whale Activity and MrBeast
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