ASTER Price Rebounds After Steep Crash
The Aster (ASTER) cryptocurrency has bounced back, gaining over 13% in the past 24 hours, after suffering a significant crash that wiped out more than half of its market value.
The rebound follows a chaotic week in the crypto market, with over $20 billion in leveraged positions liquidated, the largest single-day wipeout in digital asset history.
- Aster plunged nearly 52% from its September highs around $2.30 to as low as $1.10.
- The crash was triggered by several damaging events, including its removal from DeFiLlama and a delay in its highly anticipated Stage 2 airdrop.
Aster’s removal from DeFiLlama was more than a simple data correction.
The cryptocurrency's recovery is threatened by the DeFiLlama exit and unlock.
Author's summary: Aster rebounds 13% after crash.