Fact Check: Abu Dhabi Fund Denies $100M Investment in ASTER Token
Rumors of a $100 million investment by Abu Dhabi's sovereign wealth fund into the ASTER token have been debunked. The Abu Dhabi Investment Authority (ADIA) has no public records or regulatory filings supporting such a claim, despite viral social media posts from accounts like @abudonkweb3. Market analysts warn this mirrors past misinformation campaigns, like the fabricated NASA endorsement of XRP.
Unverified claims surged after ASTER's price rally, highlighting how unfounded speculation often fuels volatility in crypto markets. No on-chain evidence or official statements substantiate the alleged investment, reinforcing skepticism toward unsourced institutional adoption narratives.