by Coinstrooper Crypto Articles
Quick Take
  • Is this DEX’s sudden dominance enough to justify a bullish Aster price prediction?
  • Looking at data from DeFi Llama, Aster has surpassed top perps DEXs by a long shot.
  • Meanwhile, in the past 7 days, Aster’s volumes have surpassed the $100 billion mark, nearly doubling the amount processed through Hyperliquid.
  • Competition in the perps market seems to be heating up.

What Happened

Pepenode ($PEPENODE) Brings In $1.4M to Turn Meme Coin Investing into a Mining Game

Players can build virtual mining nodes, buy as many rigs as they want, upgrade their setups, and collect rewards along the way.

You can choose to swap crypto like USDT or ETH, or use a bank card to invest.

Market Context

The $ASTER token has captured the market’s attention lately as this decentralized exchange (DEX) for perpetual futures has outpaced top competitors like Hyperliquid in daily trading volumes. Is this DEX’s sudden dominance enough to justify a bullish Aster price prediction?

Looking at data from DeFi Llama, Aster has surpassed top perps DEXs by a long shot. In terms of 24-hour volumes, the latter processed $46 billion worth of transactions during this period, while Lighter and Hyperliquid transacted $18 billion and $17 billion, respectively.

Meanwhile, in the past 7 days, Aster’s volumes have surpassed the $100 billion mark, nearly doubling the amount processed through Hyperliquid.

Competition in the perps market seems to be heating up. Aster has used incentives to lure traders and bring in higher volumes within its platform.

Although some detractors within the community have questioned its strategy, the results seem to justify its approach as the protocol is now the leader of the derivatives market among DEXs with a 72% market share according to data from CoinMarketCap.

Aster Price Prediction: Flipping Hyperliquid Would Mean a 350% Gain for $ASTER

If this support bounce ignites a new leg up, Aster could aim at $4 next. Its market cap currently sits at $3 billion compared to Hyperliquid’s $13.8 billion.

If the protocol manages to maintain its dominance in the perps market, we could see it catching up to its competitor, meaning an upside potential of around 350% at least.

Rising stars like ASTER usually pop up during bull markets, and scooping up these tokens during their early presales could result in big gains.

To buy $PEPENODE at its presale price, visit the official Pepenode website, and link a wallet like Best Wallet.

The post Aster Price Prediction: Outpacing Hyperliquid and Lighter – Is ASTER the Next Binance? appeared first on Cryptonews.

Why It Matters

Pepenode ($PEPENODE) seems to be one of these hidden gems. This mine-to-earn (M2E) game offers attractive rewards and a fun environment that could soon attract thousands of players eager to climb the leaderboard.

Details

$ASTER has booked a 205% gain in the past 7 days. The token rose strongly and hit a peak at around $2.4.

Looking at the 1-hour chart, the key area of support to watch after this recent pullback is the $1.75 level from which ASTER has bounced multiple times already.

Pepenode ($PEPENODE) isn’t just another Pepe clone. It is an interactive mine-to-earn (M2E) game that hands out attractive rewards as top miners climb the leaderboard.

The more powerful your nodes are, the greater your earning potential, while top miners unlock bonus meme coin airdrops like $PEPE and $BONK.

With over $1.4 million raised in under two months, $PEPENODE has already proven it can keep users engaged long before top exchanges pick it up.

Visit the Official Website Here