Blockchain
CZ Buy Disclosure Sends Aster Price Soaring Over Thirty Percent
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The native token for the decentralized exchange protocol Aster spiked over 30% on Sunday after Binance co-founder Changpeng “CZ” Zhao disclosed that he now holds over $2.5 million in Aster.
CZ shared his wallet holdings in an X post on Sunday, and said he bought “some Aster today, using my own money on Binance.”
“I am not a trader. I buy and hold,” he added.
The post prompted Aster to jump from $0.91 to a peak of $1.26, according to CoinGecko. At time of publication, it was trading at $1.22.
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