For the fifth time, Aster crypto has dropped under the two-dollar mark, but this time it looks like a free fall. The coin is now trading below $1.60, a level many did not expect to see so soon after all the hype and strong backing Aster had.
Crypto can sometimes be complicated, but in this case, the reason is clear. On October 5th, the Aster platform will take a snapshot for a 4% total supply airdrop. At current prices, that 4% fully diluted value equals about $600M. With that much supply hitting, traders expect heavy sell pressure, which explains why the price is tanking ahead of the event.
Nuked all the longs, before Binance Spot listing + other major exchanges and buybacks.
New ATH within the next 5 days. $ASTER pic.twitter.com/Fx0xXQEesX
— Kazi (@TheCryptoKazi) September 30, 2025
So, What Will Happen Next For Aster?
Aster is 2nd by revenue in the crypto market. On a normal day, this kind of selling pressure could be absorbed, especially with Aster crypto still awaiting a Binance spot listing. Once that happens, volume should increase even more on top of the massive numbers it already does.
Traders are also watching for potential buyback announcements, which some estimates suggest could add around $10M in daily buying pressure. That figure is based on the huge $500B+ volume Aster’s platform has generated since launch. A significant portion of that activity stems from farming for the airdrop, so the rate is expected to cool down after the snapshot.
Buy as Many Aster As Possible Under $2.00? Price Prediction
Aster crypto price just bounced sharply from the $1.50 support after a heavy sell-off, showing buyers stepped in strongly at that level. Price is now around $1.60, with $2.00 standing as the next big resistance and a key pivot for any wider recovery.
If bulls can clear that zone, the run could stretch toward the $2.40 supply area where previous rallies topped out. But if $1.50 gives way again, price could fall to $1.30, and losing that would confirm weakness with room for deeper downside.
The RSI is lifting out of oversold, hinting at rebound potential, while MACD is flat but close to a bullish cross if momentum builds. This is a real make-or-break spot, staying above $1.50 favors recovery, but if that floor cracks, sellers will keep control.
CZ Binance Says Buy the Dip: Should You Listen?
👀😆
— CZ 🔶 BNB (@cz_binance) September 30, 2025
CZ Binance looks fired up about his new project and has been openly “shilling” it on his X account. In his latest post, he hinted at a potential “Upotober,” a term traders use since October is often one of the most bullish months in crypto history.
He has also been engaging with a lot of posts calling to long Aster. Given CZ’s track record of being right on many big moves in the past, traders are now wondering, will he be right again this time?
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Connect with the Bitcoin Hyper community on Telegram and X.
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Key Takeaways
- Aster is under pressure from its $600M airdrop, with $1.50 as the key support and Binance listing still a major catalyst.
- Bitcoin Hyper presale surges past $19.4M, offering Solana speed, Bitcoin security, and 65% APY staking as it positions itself as the first BTC Layer 2.
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