Why is CZ Suddenly Shilling $ASTER?

[gunhell16]

I'm still observing Aster right now because its hype seems to be really hot. It feels like it's driven purely by hype, and it isn't easy
to keep up with this kind of coin or token.

I want to warn others who only listen to what people say and don't really know the ins
and outs of this crypto business.

[Akbarkoe]

If CZ ever shills a coin or token then there’s a reason for it & he will be profiting from people buying it. He’s quite a fun guy, he’s hugely successful but he can’t be trusted. Just buy Bitcoin & ignore what puboic figures are telling you to do. CZ doesn’t care about anything apart from his bloated bank balance.

I agree with what you said about the market players and how they leverage their reputations to gain more.

It's because hyperliquid can take the volume that should be for binance. So, instead of supporting hyperliquid, he's going for a new competitor that has been launched. We'll see how this is going to go when the volume keeps on increasing there with his help. It's all about reducing the market share of the competitors, he knows what he's doing and he's betting for a new one instead of the actual competitor of their exchange.

Yeah he did, that is why this is interesting. He rarely mentions any projects and I have my suspicions on that. Why Aster and why now?

It's new and young which makes it more prone to hype, and temporary pump and dump.

Currently, many companies are starting to emerge to compete with Hyperliquid, including Lighter. They also have a similar vision, although their management is somewhat different, but they are trying to target the same market: DEX traders. Regarding Aster, I was personally surprised to see their tweet. However, I think this approach won't compete with Hyperliquid. We see that Hyperliquid's community is their top priority, as their true strength lies in the community and ease of trading. I don't think they will last long even with CZ behind them. The Binance market will collapse if they focus on things like this.

[Pandorak]

In my 13 years on CT, I can’t recall CZ ever posting any token chart besides BNB. Yet today, he dropped a cryptic post: “Well done! 👏 Good start. Keep building!” — alongside the chart of $ASTER, the token of AsterDex, a perp DEX on BNB Chain.

Some context worth noting:

1. Hyperliquid has been eating into Binance’s market share in perps.


2. HL’s market cap already sits at $15.6B with $2.7T cumulative trading volume in under a year.


3. HL’s open interest is around $14.9B and annual revenue $1.175B.



Make of these numbers what you will and now imagine the market impact if Binance aligns itself with a perp DEX on its own chain.

I see everyone on Twitter or in Telegram groups (trading, news, airdrop) discussing this token, a topic that is still very hot and also has the potential to generate profits. Many have successfully purchased it at $0.09, less than 10 times the current price, meaning that with a $1k investment, one could have made over $10k in profits, provided they held onto it until now. In just a few days, the price has already surpassed $1, and we know one of the reasons why CZ, of course.                  

I think the price will continue to rise for a while, but i'm more curious about the inevitable decline, when the price could correct significantly, those who bought at a low price will come out with a profit, while those who bought based on FOMO will definitely become holders or sell at a loss.     

[BitHodlers]

Yeah he did, that is why this is interesting. He rarely mentions any projects and I have my suspicions on that. Why Aster and why now?

It's new and young which makes it more prone to hype, and temporary pump and dump.

My question is more in regards to Cz and not general user behavior. Cz is usually not a sellout, neither to existing or to new projects.

Its Marketcap and TVL went crazily after CZ was tweeting about that. Thousands of people driven by FOMO to buy this with the hope it will become the next hyper liquid. In fact, it's still pure speculation, and those who being driven by FOMO will be used as exit liquidity.

Don't be surprised if it's jumping a lot in matter of days. CZ's tweet was giving so many hopium to the traders.

Given that the supply is very centralized and the circulating coin supply is limited, no wonder that it is going high. I would never put my money into a new platform like that. Aster has no similarity to Hyperliquid at all. Just because they have similar functionalities that does not make the projects the same. Aster is similar to Hyperliquid as much as Dogecoin is similar to Bitcoin. 

Currently, many companies are starting to emerge to compete with Hyperliquid, including Lighter. They also have a similar vision, although their management is somewhat different, but they are trying to target the same market: DEX traders. Regarding Aster, I was personally surprised to see their tweet. However, I think this approach won't compete with Hyperliquid. We see that Hyperliquid's community is their top priority, as their true strength lies in the community and ease of trading. I don't think they will last long even with CZ behind them. The Binance market will collapse if they focus on things like this.

Projects like Hyperliquid are rare. They don't come often. The people who found those projects are not greedy. Most of these competitors are founded by extremely greedy individuals who do not care about the community or wider crypto environment. Their primary goal is to enrich themselves.

[nelson4lov]

~Snip

Those juicy gigantic revenue that hyperliquid is having with minimal backend setup is too good to ignore.
Binance is pushing aster while base is pushing avant, Hype is also creating their own blockchain for fast settlement while a16z is investing into new perp called lighter.

It's obvious everyone want to get a piece of the cake. Heck, even justin sun is creating one.

Yeah. It's perps dex season + prediction market season.

Priot to hyperLiquid, nobody gave a fuck about perp DEXes after GMX back in the day. Given the fact that HyperLiquid was always using majority of their revenue/fees to fund the Assistance fund which in turn is used to buyback and hold HYPE tokens. I think that created the craze that got everyone hyped up about perps.

The meta will continue until it stops paying off. For now, it's still +EV to launch and run a perps dex. I think it's the most profitable crypto PMF aside from stablecoins.

[passwordnow]

It's because hyperliquid can take the volume that should be for binance. So, instead of supporting hyperliquid, he's going for a new competitor that has been launched. We'll see how this is going to go when the volume keeps on increasing there with his help. It's all about reducing the market share of the competitors, he knows what he's doing and he's betting for a new one instead of the actual competitor of their exchange.

Currently, many companies are starting to emerge to compete with Hyperliquid, including Lighter. They also have a similar vision, although their management is somewhat different, but they are trying to target the same market: DEX traders. Regarding Aster, I was personally surprised to see their tweet. However, I think this approach won't compete with Hyperliquid. We see that Hyperliquid's community is their top priority, as their true strength lies in the community and ease of trading. I don't think they will last long even with CZ behind them. The Binance market will collapse if they focus on things like this.

I haven't heard of lighter but that seems to be another competitor. I think in this market, whoever becomes successful, the others are going to copy the idea but with a different brand. This is a normal and healthy competition that we're seeing and we'll see if hyperliquid becomes stable with their success.

It's new and young which makes it more prone to hype, and temporary pump and dump.

My question is more in regards to Cz and not general user behavior. Cz is usually not a sellout, neither to existing or to new projects.

I think that I have an idea now, tokeweed has a good take about it and I've just learned it from through this thread: [ASTER] AsterDEX Speculation and CZ is a part of aster.

[Johnlomape]

I see everyone on Twitter or in Telegram groups (trading, news, airdrop) discussing this token, a topic that is still very hot and also has the potential to generate profits. Many have successfully purchased it at $0.09, less than 10 times the current price, meaning that with a $1k investment, one could have made over $10k in profits, provided they held onto it until now. In just a few days, the price has already surpassed $1, and we know one of the reasons why CZ, of course.                  

I think the price will continue to rise for a while, but i'm more curious about the inevitable decline, when the price could correct significantly, those who bought at a low price will come out with a profit, while those who bought based on FOMO will definitely become holders or sell at a loss.    

What I know is that what goes up will surely come down. People don't have to be too hype driven to buy and hold Aster since it is better to buy when the price is down or dipping. This project has dipped and we are going to see it create another all time high soon. There is money in the crypto market and we shouldn't be too hype driven, buying altcoins like we are not going to experience a dip.
You can buy when price goes down so you can make large profit when the price goes up. Investment is more of patience before achievements. This is not hard to do but some will always miss the summary.

[Baki202]

What I know is that what goes up will surely come down. People don't have to be too hype driven to buy and hold Aster since it is better to buy when the price is down or dipping. This project has dipped and we are going to see it create another all time high soon. There is money in the crypto market and we shouldn't be too hype driven, buying altcoins like we are not going to experience a dip.
You can buy when price goes down so you can make large profit when the price goes up. Investment is more of patience before achievements. This is not hard to do but some will always miss the summary.

Send aster is actually a hyped driven coin and I was able to buy at 1.7 and sold at 2.5 and I was just to skeptical about the coin no matter how the coin going don't be suprice to see a heavy dump on the market. And some project know how to catch the attention of people and even Aster went viral and it was largely purchased but coins like this I always have my own way of making a quick profit out of it.

And the coin is currently around 1.7 again after it was going as if it was going to enter 3 dollar and it as been part of the coins that have been trending so it have been shaking and coins like this when you want to trade then you have take profit on time so that you don't regretting because most of them the moment you buy the coin starts coming down so it important to play a smart one when it comes to taking advantage of a coin in the market.

[TastyChillySauce00]

I see everyone on Twitter or in Telegram groups (trading, news, airdrop) discussing this token, a topic that is still very hot and also has the potential to generate profits. Many have successfully purchased it at $0.09, less than 10 times the current price, meaning that with a $1k investment, one could have made over $10k in profits, provided they held onto it until now. In just a few days, the price has already surpassed $1, and we know one of the reasons why CZ, of course.                  

I think the price will continue to rise for a while, but i'm more curious about the inevitable decline, when the price could correct significantly, those who bought at a low price will come out with a profit, while those who bought based on FOMO will definitely become holders or sell at a loss.    

What I know is that what goes up will surely come down. People don't have to be too hype driven to buy and hold Aster since it is better to buy when the price is down or dipping. This project has dipped and we are going to see it create another all time high soon. There is money in the crypto market and we shouldn't be too hype driven, buying altcoins like we are not going to experience a dip.
You can buy when price goes down so you can make large profit when the price goes up. Investment is more of patience before achievements. This is not hard to do but some will always miss the summary.

Honestly with the huge incentive waiting to be deployed for the aster user, I expected the price won't move or instead pretty bearish until people finally done dumping their upcoming aster rewards.
Hundred millions worth of aster ready to be deployed into the market and current price seems to be having a high amount of shorters with high leverage.

Though I won't be surprised if somehow price still going up .

[thenextking]

In my 13 years on CT, I can’t recall CZ ever posting any token chart besides BNB. Yet today, he dropped a cryptic post: “Well done! 👏 Good start. Keep building!” — alongside the chart of $ASTER, the token of AsterDex, a perp DEX on BNB Chain.

Some context worth noting:

1. Hyperliquid has been eating into Binance’s market share in perps.


2. HL’s market cap already sits at $15.6B with $2.7T cumulative trading volume in under a year.


3. HL’s open interest is around $14.9B and annual revenue $1.175B.



Make of these numbers what you will and now imagine the market impact if Binance aligns itself with a perp DEX on its own chain.

I see everyone on Twitter or in Telegram groups (trading, news, airdrop) discussing this token, a topic that is still very hot and also has the potential to generate profits. Many have successfully purchased it at $0.09, less than 10 times the current price, meaning that with a $1k investment, one could have made over $10k in profits, provided they held onto it until now. In just a few days, the price has already surpassed $1, and we know one of the reasons why CZ, of course.                  

I think the price will continue to rise for a while, but i'm more curious about the inevitable decline, when the price could correct significantly, those who bought at a low price will come out with a profit, while those who bought based on FOMO will definitely become holders or sell at a loss.     

It's keep pumping and the price now already stable around $1.80 👍
Good to those who's hold

[InDeFi]

That will be massive but until then I remained watchful of ASTER to continue applying DCA. Coz CZ took BNB to where it is today.

[gunhell16]

If I’m not mistaken, this still has a running airdrop up to October 10, 2025, and the task is to carry out a trading activity using the USDT/USDC–ASTER trading pair,
where you also need to have a verified account on the exchange.

They didn’t specify any required deposit amount, so as long as you meet the exchange’s minimum deposit requirement, you can be eligible for their airdrop if it really pushes
through after this event.

[AlphaBheta]

I'm still observing Aster right now because its hype seems to be really hot. It feels like it's driven purely by hype, and it isn't easy
to keep up with this kind of coin or token.

I want to warn others who only listen to what people say and don't really know the ins
and outs of this crypto business.

I got in on spot earlier, around $0.5.. sold at $2.4 and now I've been waiting for sub $1 entry which is not coming around aahah.. I've seen CZ actively talk about it volumes are very huge.. probably this could do well long run.. more echanges are listing aster on spot rn, Bitget is the latest to do so. Imo if you can get an entry, DCA down.

[arhipova]

No need to write a long answer for this, just one word answer is enough.

Why is CZ Suddenly Shilling $ASTER?

Reason is GREED.

[BitHodlers]

No need to write a long answer for this, just one word answer is enough.

Why is CZ Suddenly Shilling $ASTER?

Reason is GREED.

He is ultra wealthy and has better money generating businesses. Why would he need to expose himself this way just because of greed?

[strategiccryptoreserve]

I'm not surprised CZ is pushing Asterdex rather than try to find a way that HyperLiquid and Binance can contribute collectively to make the space better. Binance did try to kill HyperLiquid earlier in the year with that jellyjelly attack where a whale's position was forced liquidated on HyperLiquid draining HLP and binance along with OKX listed Jellyjelly just so degens can short it and rekt hyperLiquid.

Binance has been around for close to a decade now but HyperLiquid has only been around a year and the FDV of HYPE is around 45-50%of hyperLiquid so that means HyperLiquid is closer than anyone else to dethroning Binance.

Those juicy gigantic revenue that hyperliquid is having with minimal backend setup is too good to ignore.
Binance is pushing aster while base is pushing avant, Hype is also creating their own blockchain for fast settlement while a16z is investing into new perp called lighter.

It's obvious everyone want to get a piece of the cake. Heck, even justin sun is creating one.

Whether its CZ BNB or TRON Justin it is clearly the fact they probably are the exchange itself and responsible for collecting drivers license information for every client I am not sure how metamask operates but wouldn't they be required to to hyperliquids kyc ?

[shinratensei_]

Whether its CZ BNB or TRON Justin it is clearly the fact they probably are the exchange itself and responsible for collecting drivers license information for every client I am not sure how metamask operates but wouldn't they be required to to hyperliquids kyc ?

DEX perpetual platform don't really need KYC, that's what i'm confused about whether they're breaking law or not but I guess it's not.

No need to write a long answer for this, just one word answer is enough.

Why is CZ Suddenly Shilling $ASTER?

Reason is GREED.

Not really greed, what you gonna do when you see a competition eating half of your Open Interest.
I bet you gonna improve your platform or just create another business that can compete with the competition in this case creating perp dex.

[MinMan]

That will be massive but until then I remained watchful of ASTER to continue applying DCA. Coz CZ took BNB to where it is today.

There is no surprise about BNB because it was the Binance exchange token and Binance is owned by CZ. I read the OP and Aster was said running on Binance chain but I can't tell yet if it was also from CZ or has a strong relation with it for it to shill it, since there are other many projects too that uses the Binance chain. It is also possible that he only got paid big for him to promote it but the chance for it to fail is still there, so just be careful. Right now, if there is a coin that is good to DCA, that will still be BTC.

If I’m not mistaken, this still has a running airdrop up to October 10, 2025, and the task is to carry out a trading activity using the USDT/USDC–ASTER trading pair,
where you also need to have a verified account on the exchange.

Verified account can mean that we must complete the KYC, right? But this is usually the trait of a centralized platform and it says that this Aster is a Perp DEX. The airdrop event is not new but haven't you checked the full details yet? In airdrops, it is also normal that they don't have a crystal clear requirement. Maybe this prevents abuse and then no doubt, it makes things more exciting (it makes airdrop an airdrop) . The token must have a value now, so we can just enjoy trading it and testing our skill. If we are good enough we can still earn immediate profits. Airdrop can only act as a bonus.

[Orpichukwu]

No need to write a long answer for this, just one word answer is enough.

Why is CZ Suddenly Shilling $ASTER?

Reason is GREED.

CZ is a Binance man, and anything which will bring him money and he thinks is worthy of his involvement is where he invests his time and attention. For him, no shill that project profit is not far from it, but I won't call it greed unless he just wants to have it all at the expense of others, which, with his last legal case, he won't want to get involved in anything that will bring him back to a courtroom.

[ultrloa]

No need to write a long answer for this, just one word answer is enough.

Why is CZ Suddenly Shilling $ASTER?

Reason is GREED.

CZ is a Binance man, and anything which will bring him money and he thinks is worthy of his involvement is where he invests his time and attention. For him, no shill that project profit is not far from it, but I won't call it greed unless he just wants to have it all at the expense of others, which, with his last legal case, he won't want to get involved in anything that will bring him back to a courtroom.

I'm not surprised about seeing those things he do since CZ always do that.

After all he will do all those things that can benefit him that's why people need to be more careful dealing on those actions he made.

If they want to ride with him better have this thinking on which they should sell their bought tokens or coins just like that alt he shilled earlier while it still on bullish trend.

Don't try to follow certain advice that they should HODL since its so risky to do it and they might left behind then be a loser at the end of the day