Aster's movement this way proves they don't want to bail out the people above, and they're also forcing those below competing with them for chips to hand over their chips. They can just earn fees by keeping stablecoins stable anyway. The problem is that no one's buying the coin anyway, and with this price action, not only can't they compete for the hype share, but the community cohesion itself is questionable. Even with good news, they pump less than the competitors next door.


Sorry, I'm out! Indeed, I can't rely too much on projects dependent on individuals. This is the biggest lesson for me since entering the space, and it might be path dependency. Previously, personal projects or companies I trusted and went all-in on all made money, so I always thought this Chinese boss would be different this time.
ASTER-0.17%
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