Token Plunges 15% Amid Community FUD
The post Token Plunges 15% Amid Community FUD appeared on BitcoinEthereumNews.com.
Aster, the decentralized exchange (DEX) that has gained traction in recent weeks, is facing mounting scrutiny and a rocky start to October. It follows the DEX’s move to acknowledge inconsistencies in its Team Boost dashboard data alongside accusations of inflating trading volumes. Aster Price Drops 15% Amid Data Discrepancy Concerns Sponsored Sponsored The controversy has coincided with a sharp sell-off in the ASTER token, which fell almost 16% in the last 24 hours. As of this writing, ASTER was trading for $1.57. Aster Price Performance. Source: BeInCrypto The move left some traders liquidated, but others continue to hold out hope, anticipating a break above a crucial resistance trendline. The drop comes as Aster DEX admitted to discrepancies in the personal dashboards of Stage 2 users during Epoch 3. “These issues may have been related to how the mechanism was presented and described, which could have caused some confusion,” the team wrote. It concerns the Aster Genesis program, DEX’s initiative to distribute 4% of the ASTER token supply via an airdrop and reward users for trading and referrals. Stage 2 began earlier in 2025 and is in its final phase with two epochs left, ending on October 5, 2025, at 23:59 UTC. Epoch 3 is the current weekly cycle (Monday 00:00 UTC to Sunday 23:59 UTC), making this issue timely as users maximize Rh points for the airdrop. Sponsored Sponsored The Team Boost Mechanism feature allows users to earn up to a 1.5x multiplier on Rh points based on their referral team’s cumulative trading volume. The inconsistency suggests a display error or a calculation flaw, impacting perceived rewards. With Stage 2 nearing its end and ASTER’s recent 6,000% surge, accurate data is critical for users farming points and trading leveraged positions. Aster assured users that fixes are underway and adjustments are…
Filed under: News - @ October 1, 2025 9:29 am