ASTER News: ASTER Price Surges Over 33% After CZ Discloses Personal Token Purchase
The post ASTER News: ASTER Price Surges Over 33% After CZ Discloses Personal Token Purchase appeared on BitcoinEthereumNews.com.
Binance founder CZ bought ASTER tokens with personal funds. The ASTER price surged by over 33% immediately. Binance founder Changpeng Zhao (CZ) recently disclosed a significant crypto purchase. He confirmed using personal money to purchase ASTER tokens. He stressed that he is a holder and not a short-term trader. As a result, the price of ASTER ballooned more than 33% minutes after his announcement. The purchase injected a lot of volatility and interest into the market. Binance Founder Signals Long-Term Conviction with Investment The purchase was then outlined in a social media post immediately. Specifically, one of the screenshots revealed that the account contained more than two million ASTER tokens. The starting trading ASTER price was listed at $0.913 per token. Therefore, this transparency was supposed to indicate high confidence. The token is currently trading at $1.28 after the spike. Furthermore, Zhao compared this purchase to a move in the past. He referenced his first acquisition of BNB eight years ago. This was during Binance’s First Token Generation event. In addition, the comparison was a sign of long-term conviction clearly. It took the acquisition out of any speculative play for quick gains. Related Reading: Crypto News Today: Whale Activity and Chart Pattern Suggest Aster May Rally 50% | Live Bitcoin News Consequently, Zhao’s revelation immediately fired up the Aster market. ASTER immediately went up almost 33% just after his statement. The token achieved a multi-week high of $1.28 in no time. Thus, this was a drastic turnaround for ASTER. The token had lost more than 38% in the previous month. Moreover, the upstart project is supported by YZi Labs. This entity is a family office, run by Zhao himself. The Binance founder has previously made use of his star power. He helped to hype up his investment in the Aster…
Filed under: News - @ November 3, 2025 4:20 am