The Aster team burned 2.85 million ASTER tokens worth $1.74 million, bringing cumulative burns to 188.87 million tokens worth approximately $114.6 million, representing 3.78% of the total supply. The token reached a two-week high of $0.169 before retracing, currently trading around $0.607 with a 1.05% increase, while trading volume surged 49% to $56 million. The protocol recorded $22.7 million in USD inflows over two consecutive days, and technical indicators show a bullish MACD crossover along with a flip above the 9 and 21-day moving averages. If demand holds, ASTER is expected to maintain the $0.6 support and target a move above $0.64.
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