Changpeng Zhao provoked the growth of a little-known cryptocurrency by 15 times

The ASTER token of AsterDEX, an exchange specializing in derivatives and spot assets trading, grew almost 15 times after the token generation event. The project received support from YZi Labs and public endorsement from Чанпен Чжао" href="https://noworries.news/biography/chanpen-chzhao/" data-bio-id="3681">Changpeng Zhao (CZ), which became a catalyst for a significant increase in interest among traders.

Some market participants see the launch of Aster as a move by CZ against the dominance of Hyperliquid. According to traders, Zhao can use his influence to promote the platform and ensure its rapid growth. Many took the sharp increase in the price of $ASTER as a sign that he was already actively supporting the new project.

The backdrop for Aster has had an effect on other perp DEXes, whose tokens have also shown significant gains over the past week. Investors assume that each blockchain will try to launch its own derivatives trading platform, repeating the success of Hyperliquid.

At the same time, analysts point out that the key test for Aster is still ahead. The completion of the airdrop may show whether interest in the exchange will remain stable, as many users are attracted primarily in the hope of obtaining profitable tokens.

According to observers, Hyperliquid’s success over the past year suggests that it remains a major player in the sector. Aster is currently perceived as an alternative for those who did not have time to join the previous trend, but the sustainability of this interest is still in question.