Alright, let's get one thing straight: anyone who thinks a Coinbase listing automatically equals "guaranteed moonshot" is still living in 2017. We're in 2025, people. Things ain't that simple anymore. So, Aster gets listed... big deal.
The "Machi Mode" Debacle
This whole "Machi Mode" thing? Seriously? Rewarding traders for getting rekt? It's like giving out participation trophies at a demolition derby. The Aster team says it's a tribute to some dude named Machi Big Brother who’s apparently famous for losing money. Some tribute. More like kicking a guy when he's down and then filming it for TikTok.
And James Wynn shorting ASTER? Color me unsurprised. The guy’s got a nose for BS, and apparently, he smells it wafting off this project. He calls the Coinbase listing an "exit liquidity" event. Harsh? Maybe. Accurate? Probably.
But hey, at least they’re burning some tokens and airdropping others. That's... something, I guess. They added 55.7M coins to the 100M it has been buying from the open market. Repurchasing over 155.7M tokens, or over $190M. Then they will burn 50% of those tokens, and the other 50% will be added to a wallet for future airdrops. How much will it even matter?
The BEST Wallet Mirage
And then there's this shill for Best Wallet Token (BEST). Ofcourse, every crypto project is claiming to be the "next big thing" with "built-in value" and "exploding interest." Presale participation jumping 800%? Yeah, and I’ve got a bridge to sell you.
They’ve raised over $17M. Good for them. Doesn’t mean it’s not another overhyped vaporware project destined to fade into obscurity. What problem does this even solve that isn't already solved by a dozen other wallets?
Layer 1 Fantasies
Oh, and let's not forget the "high-performance, optionally private on-chain order-book Layer 1" they're supposedly building. Testnet by the end of 2025, mainnet in Q1 2026? That's crypto speak for "maybe someday, if we don't run out of money first."
Leonard, the ASTER CEO, is yapping it up at Binance Campus APAC in Korea. Cool story, bro. Meanwhile, back in reality, Bitcoin is tanking, and everyone's losing their shirts.
So, What's the Play Here?
The aster price has increased by over 28% since the beginning of the month. Currently, the price is around $1.22, which also serves as a support level. Either the price holds the line and continues to rally, or it breaks this support and looks to previous support around the $1 mark. Who the hell knows.
