Aster Price Plummets 20% Amid Crypto Sell-Off
Aster's price has fallen nearly 20% to approach $1.00, as selling pressure intensifies across the crypto market, with Bitcoin dropping below $106,000.
The decentralized exchange's governance token, ASTER, has erased significant gains, with bulls succumbing to broader sell-off dynamics. Having traded above $1.36, the double-digit declines over the past 24 hours have made ASTER one of the top losers, alongside Zcash, Mantle, SPX6900, and Morpho.
Aster's sharp downturn extends a multi-day decline since bulls failed to hold onto gains near $1.60, with the price plunging 20% to hit lows of $1.08 across major exchanges and trading platforms.
The decentralized exchange's governance token fell nearly 20% to inch closer to the $1 support level.
Author's summary: Aster price drops 20% amid crypto market sell-off.