Over 210M ASTER burned, but price stays stuck in $0.60–$0.78 range
- —5.44M ASTER burned in two weeks: 2.72M bought back, 2.72M from team reserves
- —More than 32.3M ASTER burned since the June 17 tokenomics upgrade
- —A whale bought 899K ASTER ($631K) on Binance and staked the tokens
- —Binance sent 30M ASTER ($21M) to deposit addresses over the past month
Why it matters: The squeeze between $0.78 resistance and $0.60 support will show whether buybacks and staking can absorb supply and break the price out of its range.
Source: TokenPost