🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Let me present some data to wake everyone up.
Aster has withdrawn 300 million dollars in fees from the market over the past two months. What does that mean? An average of 150 million per month, and 5 million dollars in daily turnover. But can you guess what its market value is? 10.5 billion.
What’s even more outrageous is that of the 10.5 billion, 70% of the tokens are locked until 2035. This means that in the next ten years, at most, only 54.8% of the tokens will circulate in the market. Right now? The circulation is only 30%, with a market cap just over 3.1 billion.
The project party is constantly buying up in the secondary market. Official data shows that during the S3 season alone, they repurchased 49.3 million USD, acquiring 47 million tokens. They are digesting about 20 million USD in chips per week.
The key point is here - half of the repurchased coins will be directly destroyed.
At this rate, it would be no problem to repurchase 80 million USD in a month. Even if the trading volume does not grow and remains the same, by the end of the year, nearly 1 billion USD could be repurchased, accounting for 50% of the circulating supply. Will the price be able to soar to 100 USD? I really dare not think further.
Surely someone will ask: You just keep saying the trading volume is large, but why does it have such a large trading volume?
Don't rush.
As everyone should know, Aster is a project personally endorsed by CZ, and it is in line with Hype. I won't elaborate on this background.
Let me talk about what makes Aster truly powerful.
The advantages of on-chain perpetual contracts are well understood by everyone - no KYC, decentralized. However, the transparency also increases dramatically: others can see your liquidation price and then target you for liquidation. Such things happen frequently on Hype...
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