A cryptocurrency token called ASTER saw its value jump nearly 20% after Binance founder Changpeng Zhao publicly endorsed and purchased 2 million units, though market observers warn the rally may be unsustainable.
Zhao’s acquisition, reported by CoinDesk, ignited immediate speculative demand for ASTER, pushing its valuation higher across multiple markets in a matter of hours on November 2, 2025. He further fueled interest by calling the token’s launch “a good start.”
Despite the sharp short-term gains, analysts are cautioning against the long-term viability of the surge. They point to several factors, including ASTER’s high total token supply of 8 billion units, intense competition within the decentralized finance space from rivals like HYPE, and the rally’s apparent reliance on narrative rather than fundamental technical advancements.
The combined effect of Zhao’s purchase and the large USDT inflows led to a rapid increase in buy orders, driving the token’s price rally. However, industry participants are advised by CoinDesk to exercise caution with price movements spurred by prominent figures and media attention.
More than half of ASTER’s total token supply is allocated to community incentives, including airdrops and strategic distribution efforts aimed at attracting users and liquidity. Analysts warn that these community incentives could potentially increase the circulating supply over time, possibly diluting the token’s value if distributed widely.
The project held its token generation event in September 2025. While the accumulation of USDT suggests available liquidity for the platform, the origin and intended use of these funds require continuous monitoring, according to observers.