$Aster's buyback program just hit a milestone—27 million tokens secured from the market. Half of that haul? Going straight to the burn address.
This move shrinks circulating supply while the team doubles down on their tokenomics strategy. The burn mechanism aims to create deflationary pressure, a classic playbook we've seen across various projects trying to boost scarcity.
For holders watching the supply metrics, this represents a significant chunk pulled out of circulation. Whether it translates to price action depends on broader market conditions and project fundamentals, but the commitment to executing the burn is now on record.
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MetaverseVagrant
· 12-13 07:31
27 million tokens are directly burned. This approach looks pretty good... Now it depends on whether the fundamentals can keep up later.
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GweiTooHigh
· 12-13 05:39
Burning 27 million tokens? The numbers look good on paper, but it all depends on whether there is real demand to support the market later on.
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BearMarketGardener
· 12-12 21:22
27 million tokens directly burned. This approach is indeed old-fashioned but effective... Now it depends on whether it can truly withstand the downward trend afterward.
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ConsensusDissenter
· 12-10 10:56
27 million tokens burned directly? After playing this trick for so many years, does anyone still believe that deflation can save the token price?
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GasFeeAssassin
· 12-10 10:55
Another burn show... 27 million tokens directly incinerated, the deflation narrative continues to be spun
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WhaleStalker
· 12-10 10:54
27 million burned directly, I've seen this tactic too many times, only genuine price manipulation is the true way.
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FalseProfitProphet
· 12-10 10:47
Burned 27 million tokens, sounds impressive, but I'm worried it might just be a paper effort again.
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LiquidationKing
· 12-10 10:41
27 million tokens burned directly? That's a bold move. It seems Aster really wants to play the deflation game.
$Aster's buyback program just hit a milestone—27 million tokens secured from the market. Half of that haul? Going straight to the burn address.
This move shrinks circulating supply while the team doubles down on their tokenomics strategy. The burn mechanism aims to create deflationary pressure, a classic playbook we've seen across various projects trying to boost scarcity.
For holders watching the supply metrics, this represents a significant chunk pulled out of circulation. Whether it translates to price action depends on broader market conditions and project fundamentals, but the commitment to executing the burn is now on record.