The price of ASTER has been consolidating between $0.65 and $0.76 for nearly a month, currently at $0.702. The team implemented a deflationary measure, permanently burning 455,982.11 tokens and transferring an equivalent amount to the treasury, removing a total of $123.63 million from circulation. Combined with a cumulative $187 million buyback, this move aims to ease supply pressure. The price of this altcoin has seen a short-term increase, with key moving averages (EMA) reversing, and the Relative Strength Index (RSI) also slightly entering the bullish zone at 52. Continuous derivatives trading activity shows about $2.25 billion in perpetual contract volume, with open interest close to $2.1 billion, indicating stable capital inflow and a recovering risk appetite.

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