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CoinDeskcoindesk.com

Aster popped over 10% on radical 'buyback and burn' upgrade. But gains were short-lived (opens original article in a new tab)

TL;DR

Aster's ASTER token rose over 10% following a buyback and burn announcement but fell 5% later due to a hawkish Federal Reserve decision.

  • Aster's ASTER token surged over 10% after a buyback and burn announcement
  • The price dropped 5% as the Federal Reserve's decision pressured risk assets
  • The buyback program uses 99% of daily platform fees to buy back tokens

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