After 13 years in the crypto game, I've never seen CZ back any token chart apart from BNB. But today, he dropped a strange post: "Well done! 👏 Good start. Keep building!" with $ASTER's chart, the token for AsterDex on BNB Chain.
I think he’s definitely feeling the heat from Hyperliquid. Perp DEXs are gonna blow up, and it’s good for me too since I’ve been using them for ages. Liquidity is key, and CZ seems to want to give Hyperliquid a run for its money with Aster. $2.7 trillion in volume is insane.
Just to clarify, Hyperliquid isn’t a DEX. It’s more centralized, avoids KYC, and lets you use web3 payment methods. You can connect a non-custodial wallet or even use email. Kinda like PancakeSwap, right?
Checked Aster’s price on CoinGecko. It was at $0.099 yesterday, then shot to $1.27, only to drop again. Probably gonna consolidate now. Too bad I missed it. Those who bought yesterday must be feeling pretty lucky right now.
Comparing Aster to Hyperliquid is jumping the gun. Aster's rise is all thanks to CZ's tweet. Plus, did you notice that 4 wallets hold most of the Aster supply? Big red flag for me. Sustainability is a bigger question than competition.
If CZ shills a token, you can bet he stands to gain from it. He might look fun and successful, but honestly, he’s just in it for the money. Buy Bitcoin and ignore the noise from public figures.
YZI Labs backs this new perp DEX, and guess what? They were part of Binance Labs before going solo after CZ left. If it’s true he owns part of it, I’d be cautious. Still, I think it could hit $2 soon, no joke.
I doubt he's profiting directly from this. More likely, he aims to draw liquidity and TVL. Whales from Hyperliquid are shifting to Aster now with serious cash. CZ’s pushing it to boost its platform and attract liquidity.
You might be right about him making profit. It’s hard to trust the game though. I’m skeptical, avoiding pump and dump traps. Even if a token seems promising, influencers can manipulate things for their gain.
Looks like CZ is a major holder, which is why he’s promoting Aster. After leaving Binance, he’s free to explore new ventures and can possibly fund projects himself. But yeah, the centralized token supply is a concern.
CZ’s back at Binance, changed his profile on X to show it! Shilling Aster doesn’t feel ethical to me. The product's not mature yet, no real utility. Can’t ignore the fact he might have Aster in his wallet.
Thought this was just a meme post until I checked. Turns out CZ really did say something about it! Not just some random shill; he’s shared a few projects before, but this is a big deal.
Glad you went back to verify instead of jumping to conclusions. The memecoin hype is getting out of hand. CZ's chilling out since he’s not in a Binance role anymore.
CZ can shill coins for his own gain. He’s done it before with TST, and many lost money. Better to stick with Bitcoin for a safe long-term hold than chase these risky new coins.
I’m not shocked he’s backing Aster over collaborating with Hyperliquid. Binance tried to kill HL earlier in the year, and now they’re targeting a younger competitor.
Hyperliquid is stealing Binance’s traffic, so naturally, CZ's backing Aster to contest that. It’s all about market share. This may lead to some short-lived hype.
Those huge revenues that Hyperliquid is raking in are insane. Binance is pushing Aster while others are launching their own platforms too. Everyone wants a slice of the pie.
Market cap and TVL are through the roof since CZ tweeted. People are FOMOing in, hoping it’ll be the next big thing. But let’s be real, it’s still speculative. Those FOMO buyers might end up as exit liquidity.