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- ASTER surged over 15% amid whale accumulation and high trading activity.
- The Rocket Launch campaign is boosting engagement and real trading demand.
- Rising open interest and bullish sentiment signal short-term upside potential.
ASTER has seen a strong rebound in the past 24 hours, climbing between 11% and 16% to trade around $1.12–$1.14. The rally comes amid renewed market enthusiasm and the debut of the Rocket Launch campaign, a rewards-driven initiative designed to boost trading activity and user engagement. Unlike many short-term pumps, this move appears to be backed by solid market participation, rising trading volumes, and significant whale accumulation.
Rocket Launch Campaign Sparks Real Demand
The Rocket Launch campaign offers incentives to traders through ASTER and partner project tokens, rewarding participation in early listings and DEX trades. This strategy has noticeably lifted both liquidity and market activity. Analysts note that the campaign’s structure encourages active trading rather than speculative holding, driving genuine demand in the short term.
If participation continues at this pace, ASTER could maintain its upward trajectory. The program is also strengthening community sentiment and attracting fresh capital—factors that often lead to sustained accumulation phases, especially among large investors.
Whale Activity Adds Confidence to the Rally
On-chain data shows that the top 100 ASTER holders—often called “mega whales”—have added over 11.7 million tokens to their wallets, bringing their total holdings to 7.82 billion ASTER. Smaller whales have also increased their exposure by roughly 2.3%, confirming that institutional and high-net-worth investors are positioning for potential gains. This accumulation trend is reducing circulating supply and adding pressure to the upside, signaling growing confidence in ASTER’s near-term outlook.
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Derivatives Data and Market Sentiment Support the Move
The rally is also reflected in ASTER’s derivatives market, where open interest rose 13–14% in the past day. This increase signals a wave of bullish leverage entering the market, supported by slightly positive funding rates. Broader sentiment across crypto remains optimistic, with Bitcoin and leading altcoins gaining strength—factors that are channeling fresh liquidity into mid-cap assets like ASTER.
While ASTER remains below its recent highs, the token’s structure suggests a healthy consolidation zone around $1.10–$1.12. A breakout above $1.27 could trigger a new rally toward $1.35–$1.40, while a dip below $1.10 may lead to a brief correction before another rebound. For now, both whale confidence and market momentum are keeping ASTER firmly in bullish territory.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
