Recently, a group of accounts suddenly emerged in the square, frantically promoting the ASTER project, claiming that 1 dollar now is not a dream to become 100 dollars in the future. Their rhetoric sounds quite impressive:
The founder of a leading exchange has made a call (reportedly investing several million dollars at the 0.91 USD position); decentralized exchanges are the right path, ASTER is the next legendary platform token; the project team has pushed the token unlock schedule to 2026 or even 2035, isn't that sincere?
It does sound quite tempting. But I have to throw a bucket of cold water on it—holding ASTER at this price? I advise you to think twice.
"1 dollar doesn't seem high, right? But you have to look at the market cap. This thing has a maximum supply of 8 billion coins, and its fully diluted market cap has already soared to 8.7 billion dollars. A new project supporting a valuation of over 8 billion, think about the fluff in that. Decentralized exchanges are definitely the future, but the word 'future' needs to be in quotes — ask yourself, do you primarily use DEX or CEX for trading now?"
Beyond the bubble, there is a more realistic issue: the transition between bull and bear markets. Right now it's at $1, but what happens when a bear market arrives? You can't naively think it will hold this price level or even continue to rise, right? That would truly be dreaming.
I'm not saying ASTER has no value; the story of "the next platform coin" is indeed enticing. But the timing of entry is crucial—I believe a reasonable range is between $0.5 to $0.6 (which is a halving of the current market value). If you're afraid of missing out, at least wait for a pullback to around $0.91 (in line with that big shot's cost price) before gradually building your position.
Of course, if you have a different opinion, stick to it. The money is yours. But remember one thing: this is an investment, not a vegetable market fight for cabbages.
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CoinBasedThinking
· 14h ago
$8.7 billion valuation for ASTER... seems a bit outrageous, the Bear Market has come and it's directly on a 50% Slump
I wonder, are those celebrities really spending their own money or just talking?
Future of DEX? But I still can't live without CEX, this logic doesn't hold up
Wait, can a cost price of 0.91 balance out to 0.5? This math problem is quite interesting
Just don't buy the dip, don't let FOMO drown your brain
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PretendingToReadDocs
· 14h ago
With a market capitalization of 8.7 billion, what new projects can I play? I think I'll wait for the Bear Market to pick up some bargains.
View OriginalReply0
MultiSigFailMaster
· 11-28 08:23
New project with an $8.7 billion valuation? This is just ridiculous; waiting to buy the dip in a Bear Market is the way to go.
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Khan_111
· 11-28 03:03
Ape In 🚀
Reply0
ruggedNotShrugged
· 11-28 02:52
A market capitalization of 8.7 billion supporting a new project? Wake up everyone, this is a typical valuation game.
View OriginalReply0
FrogInTheWell
· 11-28 02:49
A new project with a market capitalization of 8.7 billion? This brain must be exceptional, I really don't dare to get involved.
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It's the same narrative again... founders of leading exchanges throwing money around, the legend of platform tokens, and a timeline unlocked until 2035, quite a thoughtful compilation.
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1 yuan is indeed not expensive, but with a supply of 8 billion, it becomes absurd; I've done this math once, and that's enough.
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DEX has a future, no doubt, but the problem is that most people are still scrolling through CEX; before you believe this story, ask yourself if you can really leave decentralization behind.
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When the Bear Market hits, nothing matters; don't be blinded by the illusion of "never pulling back."
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0.5 to 0.6 is the price range I think is worth looking at; the current valuation has too much fluff, waiting isn't a bad idea.
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A typical "FOMO marketing script"; it looks grand but is actually just an old trick in a new disguise.
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The story of the "next platform token" is attractive, but attractive things are often the most expensive... right-side trading requires a lot of caution.
View OriginalReply0
Degen4Breakfast
· 11-28 02:48
A valuation of 8.7 billion to support a new project? Wake up, everyone, this is just money betting on a story.
View OriginalReply0
TopBuyerBottomSeller
· 11-28 02:46
870 million market capitalization for a new project? I laughed, how much do you have to boast to say that?
Recently, a group of accounts suddenly emerged in the square, frantically promoting the ASTER project, claiming that 1 dollar now is not a dream to become 100 dollars in the future. Their rhetoric sounds quite impressive:
The founder of a leading exchange has made a call (reportedly investing several million dollars at the 0.91 USD position); decentralized exchanges are the right path, ASTER is the next legendary platform token; the project team has pushed the token unlock schedule to 2026 or even 2035, isn't that sincere?
It does sound quite tempting. But I have to throw a bucket of cold water on it—holding ASTER at this price? I advise you to think twice.
"1 dollar doesn't seem high, right? But you have to look at the market cap. This thing has a maximum supply of 8 billion coins, and its fully diluted market cap has already soared to 8.7 billion dollars. A new project supporting a valuation of over 8 billion, think about the fluff in that. Decentralized exchanges are definitely the future, but the word 'future' needs to be in quotes — ask yourself, do you primarily use DEX or CEX for trading now?"
Beyond the bubble, there is a more realistic issue: the transition between bull and bear markets. Right now it's at $1, but what happens when a bear market arrives? You can't naively think it will hold this price level or even continue to rise, right? That would truly be dreaming.
I'm not saying ASTER has no value; the story of "the next platform coin" is indeed enticing. But the timing of entry is crucial—I believe a reasonable range is between $0.5 to $0.6 (which is a halving of the current market value). If you're afraid of missing out, at least wait for a pullback to around $0.91 (in line with that big shot's cost price) before gradually building your position.
Of course, if you have a different opinion, stick to it. The money is yours. But remember one thing: this is an investment, not a vegetable market fight for cabbages.