Asters native token, ASTER, experienced sharp price volatility over the past 24 hours as a major tokenomics upgrade fueled a rally that was later reversed by broader cryptocurrency market weakness following the U.S. Federal Reserves latest policy decision. The decentralized perpetual futures exchange saw ASTER climb more than 10% to approximately $0.80 on Wednesday, marking its highest price level since January, according to CoinDesk Data. The surge followed Asters announcement of a new tokenomics initiative that dedicates 99% of the platforms daily fees to an automated ASTER buyback program…. Read more
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