The ASTER/USDT trading pair is currently displaying a textbook structure of accumulation following an extended corrective phase.
In the latest crypto news, Aster announced its latest $ASTER token buyback program. According to the announcement, the DEX will use 70 – 80% of its S3 fees to repurchase circulating ASTER tokens.
A top market analyst predicted Aster’s price value would soon double, while a second expert pointed to a breakout to $10. The experts explained the buyback program’ as a signal for strong confidence in the project.
In a recent crypto news post on X, the ASTER team revealed that 70-80% of its Season 3 trading fees will be directed toward token buybacks.
The exact figure, they noted, will depend on market conditions at the time.
Results of the buyback program will be made public once Season 3 concludes, with future seasons set to feature additional airdrops and repurchase rounds.
This model’s mission is controlling the supply of ASTER tokens by channeling a significant share of platform fees into token repurchases.
By doing so, Aster believes the low supply will trigger high long-term value for the token.
The new buyback strategy builds on the success of the project’s “Rocket Launch” initiative, a platform created to connect traders with promising new crypto ventures.
Trading fees generated through Rocket Launch are now being redirected to fund the buyback plan and reward community members.
Under this model, ASTER blends buybacks with project-specific token pools to form a more dynamic and engaging reward system.
The DEX distributed approximately $200,000 worth of ASTER tokens during its first campaign.
This encouraged users and airdrop participants to meet a specified trading volume target. However, they would need to balance between both their spot and perpetual accounts.
Unfortunately, the sudden delisting by DeFiLlama sparked a wave of short-term selling, causing the token’s price to drop by nearly 10% in just one day.
Top analysts suggested that the buyback initiative may be designed to cushion the project from such sharp price swings and restore confidence among investors.
Aster (ASTER/USDT) is currently displaying a textbook structure of accumulation following an extended corrective phase.
After a series of lower highs from early October, price has found solid footing within the “discount zone” between the 0.618 and 0.786 Fibonacci retracements.
This region has acted as a clear demand base, confirming that buyers are gradually stepping back in.
From a structural standpoint, several changes of character and breaks of structure mark the transition from bearish to bullish momentum.
The 17th and 22nd of October lows established a strong liquidity pool, which appears to have been engineered to fuel the next impulsive leg.
This aligns perfectly with the classic “smart money” behavior of sweeping liquidity before pushing higher.
In the short term, price is expected to challenge the previous order block around the $1.26-$1.49 range.
A clean break and retest of this zone could open the door for an extended move toward the premium pricing area near $2.40, where multiple prior highs from September and October converge.
Crypto analyst Peters predicted that Aster’s token could climb to $10 following news of the buyback program.
He explained that the projection reflects growing confidence in the project’s strong fundamentals and its expanding decentralized exchange (DEX) market share.
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