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Aster (ASTER) Rockets 30%+ After CZ’s $2.5M Bet Ignites Crypto Buying Frenzy

Aster (ASTER) Rockets 30%+ After CZ’s $2.5M Bet Ignites Crypto Buying Frenzy

Author:
Coingape
Published:
2025-11-03 06:19:16
21
3

When CZ speaks, markets listen—and this time they're buying Aster like there's no tomorrow.

The Crypto Tsunami

A single $2.5 million investment from Binance's founder triggered a stampede of buyers chasing ASTER tokens. The altcoin surged over 30% in hours—proving once again that in crypto, influencer power outweighs fundamentals every time.

Market Mechanics Gone Wild

Trading volumes exploded as retail traders piled into what's becoming a classic pattern: whale makes move, smaller fish follow, everyone pretends they're geniuses until the music stops.

Welcome to modern finance—where one tweet moves markets more than quarterly earnings ever could.

ASTER Price Analysis: Can Millions of Whale Deposits Ignite Bullish Momentum Toward $5?

Aster price is witnessing a dramatic price rally today, soaring over 30% in just hours after Binance co-founder Changpeng Zhao (CZ) disclosed his personal investment of around 2.09 million ASTER tokens, valued between $2 million and $2.5 million. This surprise revelation quickly ignited investor enthusiasm and triggered a spike in trading activity. With prices jumping from $0.91 to $1.26, ASTER has become one of the most talked-about altcoins today, as traders speculate on the potential for a sustained breakout.

Will Aster Price Reach $2 in November 2025?

The token broke past resistance levels NEAR $1.00, with a parabolic spike toward $1.26, backed by record-high trading volumes exceeding $2 billion. The steep expansion of trading activity indicates aggressive buying interest and speculative momentum, as short-term traders attempt to capitalise on the hype. However, analysts warn that such endorsement-driven spikes can lead to volatility and temporary overvaluation.

aster price

Ever since the start, the ASTER price has been draining after a bullish rise to the ATH, experiencing significant upward pressure. Although the price remains under the bearish influence, the latest rise in volume reflects the increased traders’ attention. However, the stochastic RSI is heading towards the lower threshold along with MACD, which shows a drop in buying pressure. Despite this, the MACD has entered the positive range in the short term, and as long as these levels remain within this range, the probability of a strong rebound is higher. 

Therefore, the price may sink below $1 to squeeze out the selling pressure and initiate a rebound to enter the resistance zone. Once it clears, a rise to $2 could become imminent. 

Conclusion

The sudden surge in Aster’s price underscores the powerful impact of high-profile endorsements in the crypto market. While CZ’s investment boosted investor confidence and market participation, sustainability remains uncertain without fundamental growth. Traders should watch for potential corrections if short-term profit-taking sets in. Nevertheless, if ASTER manages to maintain strong volume and consolidate above $1.20, it could signal a shift toward broader adoption and a more stable uptrend in the coming sessions.

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