Token Plunges 15% Amid Community FUD


Aster, the decentralized trade (DEX) that has gained traction in latest weeks, is dealing with mounting scrutiny and a rocky begin to October.

It follows the DEX’s transfer to acknowledge inconsistencies in its Workforce Enhance dashboard information alongside accusations of inflating buying and selling volumes.

Aster Value Drops 15% Amid Knowledge Discrepancy Considerations

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The controversy has coincided with a pointy sell-off within the ASTER token, which fell nearly 16% within the final 24 hours. As of this writing, ASTER was buying and selling for $1.57.

Aster Price Performance
Aster Value Efficiency. Supply: BeInCrypto

The transfer left some merchants liquidated, however others proceed to carry out hope, anticipating a break above an important resistance trendline.

The drop comes as Aster DEX admitted to discrepancies within the private dashboards of Stage 2 customers throughout Epoch 3.

“These points might have been associated to how the mechanism was offered and described, which might have prompted some confusion,” the crew wrote.

It issues the Aster Genesis program, DEX’s initiative to distribute 4% of the ASTER token provide through an airdrop and reward customers for buying and selling and referrals.

Stage 2 started earlier in 2025 and is in its remaining part with two epochs left, ending on October 5, 2025, at 23:59 UTC. Epoch 3 is the present weekly cycle (Monday 00:00 UTC to Sunday 23:59 UTC), making this challenge well timed as customers maximize Rh factors for the airdrop.

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The Workforce Enhance Mechanism function permits customers to earn as much as a 1.5x multiplier on Rh factors primarily based on their referral crew’s cumulative buying and selling quantity.

The inconsistency suggests a show error or a calculation flaw, impacting perceived rewards. With Stage 2 nearing its finish and ASTER’s latest 6,000% surge, correct information is crucial for customers farming points and buying and selling leveraged positions.

Aster assured customers that fixes are underway and changes are anticipated to be accomplished quickly. However, different customers expressed dissatisfaction with the undertaking and known as for extra transparency.

The neighborhood has voiced deeper issues, with some customers questioning the validity of Aster’s reported buying and selling exercise. Amongst them, a consumer famous that the undertaking had claimed $560 billion in quantity between September 22 and 28 throughout Epoch 3.

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“This quantity doesn’t match Dune or DefiLama, so please take all my numbers with a grain of salt, as ASTER is clearly comfy with manipulating RH as they please,” he wrote.

These allegations strike on the coronary heart of Aster’s ongoing airdrop campaign, which has been a key driver of consumer participation.

Inflated figures might undermine belief within the reward system’s equity, particularly as some customers report shedding important funds throughout the newest value drop. Nonetheless, Binance executive Changpeng Zhao sees the drop as a shakeout for weak fingers.

Regardless of the sharp decline, neither Aster’s crew nor the DEX’s CEO, Leonard (likely a pseudonym), has instantly addressed the accusations of quantity manipulation or wash buying and selling.

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In the meantime, the ASTER/USDT buying and selling pair exhibits that the ASTER value could also be making ready for a bullish transfer.

On the one-hour timeframe, the Aster value has been consolidating inside a falling wedge sample since September 24. This can be a bullish reversal sample in technical analysis. It hints at a 24% upside if the ASTER value exceeds $1.8078.

Based mostly on the bullish quantity profiles (blue horizontal bars), ASTER bulls wait to work together with the worth upon breakout, probably accentuating the 24% rally to the $2.2657 goal goal.

Nonetheless, primarily based on the bearish quantity profiles (yellow horizontal bars), the $1.9814 resistance degree is crucial, with quite a lot of bears additionally ready to work together with ASTER value round that degree.

Aster (ASTER) Price Performance
Aster (ASTER) Value Efficiency. Supply: TradingView

Nonetheless, the RSI (Relative Strength Index) indicator place beneath 50 is regarding. Regardless of its larger highs suggesting rising momentum, its place beneath 50 hints that bears proceed to overpower the bulls.

Accordingly, the resistance at $1.6972 might maintain, and the ASTER value is more likely to be rejected at this degree. Such a transfer might lengthen the consolidation, probably setting one other decrease low for the DEX token across the $1.4000 psychological degree.





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