Aster Crypto Price Surges as Mr. Beast Whale Move Fuels 9.8% Rebound

Aster's cryptocurrency has ignited trader enthusiasm with a 9.89% daily surge and a 32.77% weekly gain. The rebound reflects more than speculative fervor—it's driven by measurable onchain activity, celebrity whale movements, and robust fee generation. The token now commands a $3.17 billion market cap with accelerating volume.

Celebrity investor MrBeast catalyzed the rally with a $305,000 purchase of 167,000 ASTER tokens. Platform metrics compound the bullish case: Aster's $14.3 million daily fees now eclipse Uniswap, trailing only Tether. Perpetual trading volume hit $42 billion on September 29, outperforming derivatives giants DYDX and GMX. The 'Trade & Earn' model continues attracting capital by rewarding users for collateralized trading.

Technicals suggest controlled momentum. After a 27% retreat from its $2.43 peak, Aster found support at $1.83 before rebounding to $1.97. The 7-day RSI at 69.56 indicates strength without immediate overbought risks. Bulls now face their first test at the $1.94 SMA resistance.