Aster’s price button has received attention in the crypto space. Could it be decentralized token with the support of top leaders on schedule to challenge the dominance of hype in the coming weeks?
Summary
- The Asterper Prize has risen by 14% on the day, powered by a strong market momentum.
- The Protocol recently held Hyperliquid as competition between the two heat.
- Despite the rapid rise in Aster, Hype leads with a TVL of $ 6.5 billion and a market capitalization of $ 16.19 billion.
- Aster’s growth is promising, but can influence market fluctuations whether it can continue its upward process and challenge hype for the first place.
The Aster -Token has seen an enormous climb last week. Currently acts at $ 1.72, token has risen approximately 14% on the 24-hour graph, according to market data from crypto.news.
Launched about a week ago, Aster (Aster) increased by more than 1,940%, quickly climbed to a market capitalization of more than $ 2 billion and placed it in the top 50 cryptocurrencies. Despite a few pullbacks, it is only 13.69% below the all time of $ 1.97, which indicates a strong underlying momentum.
The project has received support from heavyweights in industry such as Changpeng Zhao (CZ), which has hitch With plans to contribute to the decentralized ecosystem. The support of CZ can offer further stability and growth, because his involvement indicates the confidence in the potential of the project. If the market momentum continues to build, Aster could cross the $ 2 in the coming weeks.
Aster vs. Hyperliquid
In the meantime, the competition between Aster and its rival hyperliquid (hype) has continued to heat up. Since the debut, Aster has been compared to hype and it has been taught as a potential competition to deregister it as a top player in the market.
The rivalry was recently on when the decentralized eternal exchange took a playful shot at Hype. Aster recently announced that it would enable users a short hype with a maximum of 300x leverage, a direct answer to hyperliquid’s earlier movement To mention Aster with a lot of careful 3x leverage.
“List is not an approval of the project. Performance in the past does not guarantee future results. Trade No assets with which you are not known and does not understand the risks,” Post on X replaced on X, using hyperliquid’s disclaimer almost word-for-word.
Although this competition is interesting, the real question is whether Aster can support its recent increase and can perform better in the long term.
Can aster -token flip -hype -tokking?
Currently, Hype has locked a significant lead in terms of total value (TVL) and market capitalization. Hyperliquid to claim A TVL of $ 6.5 billion, almost five times larger than Aster’s TVL from $ 1.39 billion. Moreover, Hype has a market capitalization of $ 16.19 billion, while Aster’s is $ 2 billion.
Recent developments, including the upcoming USDH -Stablecoin and the growing profitability of hype, have also attracted considerable attention to the protocol, which further solidifies his position as an important player in the market.
Although the rapid climb of Aster is remarkable, the ability to maintain this momentum can be seen in the midst of market volatility. However, the potential of the token to challenge the hype cannot be denied, especially with constant support of influential figures such as CZ, who have expressed confidence in long -term viability.
