ASTER (Aster) increased by 11.77% in the last 24 hours

Gate News Bot message, November 10th, according to CoinMarketCap data, as of press time, ASTER (Aster) is currently priced at $1.15, up 11.77% in the past 24 hours, with a high of $1.17 and a low of $0.82. The 24-hour trading volume reached $604 million. The current market capitalization is approximately $2.312 billion, an increase of $243 million from yesterday. ASTER is currently ranked 44th in cryptocurrency market cap.

Recent important news about ASTER:

1️⃣ Ongoing Large-Scale Buyback Program
Aster’s official team has been continuously conducting ASTER token buybacks since October 28th. As of November 6th, a total of 25.5 million tokens have been repurchased, approximately $29.15 million. The buyback program will continue until November 9th, lasting a total of 35 days. This initiative aims to reduce market circulation and support the token price.

2️⃣ Platform Feature Upgrades Enhance User Experience
The Aster platform recently implemented significant feature upgrades, now supporting ASTER as collateral with an 80% margin ratio. Additionally, users can pay transaction fees using ASTER. These improvements greatly enhance platform usability and are expected to attract more users to participate in trading activities.

3️⃣ New Token Launch and Trading Campaigns Initiated
On November 4th, Aster launched spot and perpetual contract trading for B2 tokens, simultaneously starting a four-day trading competition with a prize pool of up to $200,000 in ASTER tokens. This event aims to stimulate short-term trading volume but may also lead to increased price volatility.

From a technical perspective, ASTER has shown strong upward momentum over the past 24 hours, with an 11.77% increase. The ongoing buyback program, platform upgrades, and new token launches have collectively driven the price higher. However, given the high volatility of the cryptocurrency market, investors should remain cautious of potential market risks.

This message is not investment advice; please be aware of market fluctuations when investing.