CZ Buys $2M Tokens?! Seriously?

\n

Okay, so CZ – you know, the Binance guy – he bought some Aster tokens. Two million dollars worth! He even put up a screenshot. A screenshot! Like we needed proof. It\’s not like he\’s got, what, a few dollars lying around? 🙄

\n\n

\n

Full disclosure. I just bought some Aster today, using my own money, on @Binance.

I am not a trader. I buy and hold.

\n – CZ 🔶 BNB (@cz_binance) November 2, 2025\n

\n\n

He Compares It To BNB. Really?

\n

He\’s saying it\’s like when he bought BNB years ago. Oh, please. Everything’s like BNB to him, isn’t it? It\’s always a comparison. Like, “This restaurant is like that taco truck I went to in \’98.” Just… no. Just stop. It was market price, by the way. “At market.” Very mysterious. 🕵️

\n\n

And of course, the trading volume? It jumped. Like a startled cat. From like 224 million to over 2.2 billion. Billion! You know how much work that is to type out? So unnecessary.

\n\n

$2 Million? Instant Rally? Go Figure.

\n

He tweets it, and BAM, price goes up. It\’s…predictable. Like when you walk into a bakery, things smell like baked goods. ASTER is everywhere, on all the exchanges. Like they needed another place to trade it. 🤷\u200d♂️

\n \n

It\’s up 12.27% – as of when they wrote this. Which, let\’s be honest, is probably different now. Everything changes so fast. It\’s exhausting. It\’s trading at $1.05. A dollar and five cents. Thrilling.

\n\n

\n \n

\n\n

Why Now, CZ? Why Now?

\n

He never does this. Publicly admitting to buying something. It’s a whole thing. And it\’s tied to the BNB Chain. Of course. Everything is. It\’s like a little ecosystem of… stuff. And this Aster thing? They\’re supported by BNB Chain. And YZi Labs invested in it before. It’s all connected! It\’s too much! 🤯

\n\n

And here’s the kicker: Even with CZ buying, people are shorting it. Like, betting it\’ll go down. 42.97 million tokens shorted! What is wrong with people? Don\’t they see what’s happening? Or maybe they do and they\’re just… contrarian. Ugh.

\n\n

\n

\n

Another trader, 0xbadb, also increased his $ASTER short position after CZ\’s post, now holding 15.3M $ASTER($19.1M) with a liquidation price of $2.1109.

\n – Lookonchain (@lookonchain) November 2, 2025\n

\n

\n\n

Everyone’s Reacting, Obviously

\n

CZ buys something, and suddenly everyone cares. It’s ridiculous. The BNB Chain people are feeling confident. Probably because their thing just got a little boost. But it went down 40% last month! 40%! It’s bouncing back from a disaster! It\’s still a disaster, just a slightly less recent one. 📉

\n\n

And they changed the buy-back model. Burning tokens. How novel. Reducing supply. Ugh, technical terms. I feel a headache coming on.

\n\n

\n

\n

As part of our ongoing efforts to enhance Aster’s token economy, we’re refining the S3 buyback and airdrop model to deliver stronger, long-term value for both users and holders:

• 50% of all buybacks, including S2 and S3, in the public buyback address will be burned – reducing…

\n – Aster (@Aster_DEX) October 31, 2025\n

\n

\n\n

So, What Does It All Mean?

\n

More people might buy it. That’s what it means. CZ is a big deal. People follow him. It\’s sad, actually. And there’s this risk of too many tokens being released, causing the price to drop again. It’s a whole…cycle. And there were some questions about the volume numbers. DeFiLlama delisted them! Irregularities, they said. I knew something smelled fishy. 🐟

\n\n

The platform has to actually do something to justify the price. Protocol fees. Trader activity. You know, actual use. This little CZ moment won’t last forever. And for other BNB Chain projects? Well, now they\’re all hoping for a shout-out from CZ. 🙄

\n\n

It\’s all sentiment, supply, and ecosystem approval. A whole mess. And whether it’ll keep going up? Who knows. It’s crypto. It’s never a sure thing.

\n

CZ Buys $2M Tokens?! Seriously?CZ Buys $2M Tokens?! Seriously?

Okay, so CZ – you know, the Binance guy – he bought some Aster tokens. Two million dollars worth! He even put up a screenshot. A screenshot! Like we needed proof. It’s not like he’s got, what, a few dollars lying around? 🙄

Full disclosure. I just bought some Aster today, using my own money, on @Binance.

I am not a trader. I buy and hold.

– CZ 🔶 BNB (@cz_binance) November 2, 2025

He Compares It To BNB. Really?

He’s saying it’s like when he bought BNB years ago. Oh, please. Everything’s like BNB to him, isn’t it? It’s always a comparison. Like, “This restaurant is like that taco truck I went to in ’98.” Just… no. Just stop. It was market price, by the way. “At market.” Very mysterious. 🕵️

And of course, the trading volume? It jumped. Like a startled cat. From like 224 million to over 2.2 billion. Billion! You know how much work that is to type out? So unnecessary.

$2 Million? Instant Rally? Go Figure.

He tweets it, and BAM, price goes up. It’s…predictable. Like when you walk into a bakery, things smell like baked goods. ASTER is everywhere, on all the exchanges. Like they needed another place to trade it. 🤷‍♂️

It’s up 12.27% – as of when they wrote this. Which, let’s be honest, is probably different now. Everything changes so fast. It’s exhausting. It’s trading at $1.05. A dollar and five cents. Thrilling.

Why Now, CZ? Why Now?

He never does this. Publicly admitting to buying something. It’s a whole thing. And it’s tied to the BNB Chain. Of course. Everything is. It’s like a little ecosystem of… stuff. And this Aster thing? They’re supported by BNB Chain. And YZi Labs invested in it before. It’s all connected! It’s too much! 🤯

And here’s the kicker: Even with CZ buying, people are shorting it. Like, betting it’ll go down. 42.97 million tokens shorted! What is wrong with people? Don’t they see what’s happening? Or maybe they do and they’re just… contrarian. Ugh.

Another trader, 0xbadb, also increased his $ASTER short position after CZ’s post, now holding 15.3M $ASTER($19.1M) with a liquidation price of $2.1109.

– Lookonchain (@lookonchain) November 2, 2025

Everyone’s Reacting, Obviously

CZ buys something, and suddenly everyone cares. It’s ridiculous. The BNB Chain people are feeling confident. Probably because their thing just got a little boost. But it went down 40% last month! 40%! It’s bouncing back from a disaster! It’s still a disaster, just a slightly less recent one. 📉

And they changed the buy-back model. Burning tokens. How novel. Reducing supply. Ugh, technical terms. I feel a headache coming on.

As part of our ongoing efforts to enhance Aster’s token economy, we’re refining the S3 buyback and airdrop model to deliver stronger, long-term value for both users and holders:

• 50% of all buybacks, including S2 and S3, in the public buyback address will be burned – reducing…

– Aster (@Aster_DEX) October 31, 2025

So, What Does It All Mean?

More people might buy it. That’s what it means. CZ is a big deal. People follow him. It’s sad, actually. And there’s this risk of too many tokens being released, causing the price to drop again. It’s a whole…cycle. And there were some questions about the volume numbers. DeFiLlama delisted them! Irregularities, they said. I knew something smelled fishy. 🐟

The platform has to actually do something to justify the price. Protocol fees. Trader activity. You know, actual use. This little CZ moment won’t last forever. And for other BNB Chain projects? Well, now they’re all hoping for a shout-out from CZ. 🙄

It’s all sentiment, supply, and ecosystem approval. A whole mess. And whether it’ll keep going up? Who knows. It’s crypto. It’s never a sure thing.

Read More

2025-11-03 09:19