ASTER (Aster) has pumped 10.61% in the last 24 hours.

Gate News Bot news, on October 24, according to CoinMarketCap data, as of the time of writing, ASTER (Aster) is currently priced at $1.12, with a pump of 10.61% in the last 24 hours, reaching a high of $1.26 and a low of $0.94. The current market capitalization is approximately $2.258 billion, an increase of $217 million from yesterday, currently ranked 44th.

Aster is a next-generation decentralized exchange for perpetual contracts aimed at all traders. It offers cross-chain trading capabilities without the need for bridging or switching; users simply select a chain and trade. Aster features deep liquidity, supports large trades, and provides advanced tools like hidden orders. Whether you are a novice or a professional, you can enjoy a streamlined trading experience designed for clarity and control on Aster.

Important news about ASTER recently:

1️⃣ Rocket Launch event boosts market confidence Aster has launched a new feature called Rocket Launch, with the first phase featuring the decentralized oracle project APRO going live. The event will last for two weeks, with a prize pool containing $200,000 worth of ASTER and additional AT token rewards. This event is expected to attract more users to participate in the Aster ecosystem, enhancing platform activity and demand for ASTER tokens.

2️⃣ Large capital flows attract market attention Recently, multiple large transfers of ASTER tokens have been observed. Three new wallets have collectively withdrawn 4.66 million ASTER from the exchange within 8 hours, equivalent to about 4.79 million dollars, with an average entry price of 1.02 dollars. Such a scale of capital flow may affect the short-term supply and demand balance in the market and is one of the important factors influencing the price fluctuations of ASTER.

3️⃣ Expansion of perpetual contract trading varieties A trading platform announced the launch of multiple perpetual contract trading pairs, including ASTER. This move expands the trading channels for ASTER and is expected to enhance its liquidity and market depth, providing potential support for its price.

From a technical perspective, ASTER has shown a significant rebound after previous fluctuations, with a 24-hour rise of 10.61%. The launch of the Rocket Launch event may have boosted market sentiment, while large capital flows and new trading channels have provided additional momentum for price trends. However, considering the high volatility of the cryptocurrency market, investors still need to closely monitor potential risks.

This message does not constitute investment advice, and investors should be aware of market volatility risks.