Just witnessed a massive token burn from the Aster buyback program. Their wallet just torched 77.86 million ASTER tokens worth roughly $79.81M about an hour back.
That's nearly 80 million dollars in value removed from circulation in a single transaction. The buyback mechanism doing exactly what it's designed for—reducing supply through systematic burns.
For those tracking ASTER's tokenomics, this marks another significant deflationary move. The timing and scale of this burn could signal the project's confidence in their treasury management strategy.
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PebbleHander
· 4h ago
80M is just gone? The deflation here is really something else.
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GateUser-0200cc35
· 4h ago
So many bots?
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ProbablyNothing
· 5h ago
Damn, 80 million just burned like that—this move is really ruthless.
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SnapshotBot
· 5h ago
80 million directly burned, that's a really bold move.
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AirdropHunterXiao
· 5h ago
8 billion burned directly, that's some real bold move.
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0xTherapist
· 5h ago
80 bucks just burned like that, bro, that’s really bold.
Just witnessed a massive token burn from the Aster buyback program. Their wallet just torched 77.86 million ASTER tokens worth roughly $79.81M about an hour back.
That's nearly 80 million dollars in value removed from circulation in a single transaction. The buyback mechanism doing exactly what it's designed for—reducing supply through systematic burns.
For those tracking ASTER's tokenomics, this marks another significant deflationary move. The timing and scale of this burn could signal the project's confidence in their treasury management strategy.