ASTER's recent decline has caused quite a bit of community complaints. The price has directly dropped to 0.619, and there are many panic sellers. Originally, I heard there were new developments in the L1 ecosystem and thought there might be a rally, but it was quickly overwhelmed by airdrop unlocks and continuous linear releases.
Let me be straightforward. How did this drop happen?
**Who is selling**
Airdrop participants are definitely selling, but the real pressure comes from the daily linear unlocks — from my observation, the daily unlock amount has already exceeded one million USD. Meanwhile, the trading volume of another public chain ecosystem is suppressing ASTER's performance, and short-term funds have simply shifted positions. In essence, the 0.619 level was artificially created as a liquidity vacuum.
**How the project team is responding**
From on-chain data, the team is actually taking emergency measures. Recently, they launched a new buyback program, using 40% of the fee income directly for support. However, the current macro environment is a bit cold — with pessimistic macro expectations, the bullish confidence has temporarily collapsed, and the buyback efforts can't yet withstand the selling pressure.
**Has the core logic changed?**
I'm only watching one thing: whether ASTER's mainnet can launch as scheduled in Q1. If the mainnet launches normally, the price in the 0.6 range will be the final shakeout phase before the public chain ecosystem explodes. Conversely, if there is no substantial action in Q1, this coin might remain dormant for a long time. My bet is on the public chain narrative; around 0.61, some investors are already starting to accumulate in batches. Selling now feels like giving away chips for free to those waiting to buy back in.
**My personal thoughts**
This kind of slow decline is the most torturous, gradually eroding hope. But my judgment hasn't changed — extreme panic is often the last signal before a reversal. At the 0.619 support level, are you planning to stay put, or like me, are you considering some low-cost accumulation here?
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CryptoDouble-O-Seven
· 5h ago
Really, with a million dollars pouring in daily for linear unlocking, who can withstand it?
If the mainnet really launches in Q1, those selling now will definitely regret it.
The 0.619 support level, I’ve already started to buy in batches. Anyway, big players are all waiting for buybacks.
This kind of slow decline is indeed torturous, but panic is an opportunity. It depends on whether you dare to buy in.
Airdrop enthusiasts dumping can be seen by everyone, but the real question is when will the ecosystem truly take off.
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ThesisInvestor
· 5h ago
Unlocking millions of dollars daily, who can withstand that? It's purely a suicidal release.
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LuckyHashValue
· 5h ago
Looking at this article, I have to say the author’s analysis is quite clear-headed, but I do have a slightly different opinion — whether the mainnet launch is reliable or not is really hard to say, as there are many projects in this space that have missed their deadlines.
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StablecoinEnjoyer
· 5h ago
A million dollars worth of linear unlocks are being dumped daily. Who can withstand this... If I weren't optimistic about the Q1 mainnet, I would have sold already.
ASTER's recent decline has caused quite a bit of community complaints. The price has directly dropped to 0.619, and there are many panic sellers. Originally, I heard there were new developments in the L1 ecosystem and thought there might be a rally, but it was quickly overwhelmed by airdrop unlocks and continuous linear releases.
Let me be straightforward. How did this drop happen?
**Who is selling**
Airdrop participants are definitely selling, but the real pressure comes from the daily linear unlocks — from my observation, the daily unlock amount has already exceeded one million USD. Meanwhile, the trading volume of another public chain ecosystem is suppressing ASTER's performance, and short-term funds have simply shifted positions. In essence, the 0.619 level was artificially created as a liquidity vacuum.
**How the project team is responding**
From on-chain data, the team is actually taking emergency measures. Recently, they launched a new buyback program, using 40% of the fee income directly for support. However, the current macro environment is a bit cold — with pessimistic macro expectations, the bullish confidence has temporarily collapsed, and the buyback efforts can't yet withstand the selling pressure.
**Has the core logic changed?**
I'm only watching one thing: whether ASTER's mainnet can launch as scheduled in Q1. If the mainnet launches normally, the price in the 0.6 range will be the final shakeout phase before the public chain ecosystem explodes. Conversely, if there is no substantial action in Q1, this coin might remain dormant for a long time. My bet is on the public chain narrative; around 0.61, some investors are already starting to accumulate in batches. Selling now feels like giving away chips for free to those waiting to buy back in.
**My personal thoughts**
This kind of slow decline is the most torturous, gradually eroding hope. But my judgment hasn't changed — extreme panic is often the last signal before a reversal. At the 0.619 support level, are you planning to stay put, or like me, are you considering some low-cost accumulation here?