Aster's price has fallen nearly 20% to approach $1.00, as selling pressure intensifies across the crypto market. The decentralized exchange's governance token, ASTER, has erased significant gains, with bulls struggling to maintain control.
The price of Aster plunged 20% to hit lows of $1.08 on major exchanges and trading platforms, having previously traded above $1.36. This double-digit decline has made ASTER one of the top losers, alongside Zcash, Mantle, SPX6900, and Morpho.
The sharp downturn extends a multi-day decline since bulls failed to hold onto gains near $1.60.
Aster's parabolic gains in recent weeks are quickly fading as cryptocurrencies plummet.
Author's summary: Aster price drops 20% amid crypto sell-off.