Unlocked ASTER Airdrop Fuels Selling Pressure

[chainsniff]

Aster’s recent no-lock Genesis Stage 2 airdrop has added to investor uncertainty. The project confirmed that rewards claimed on October 14 can be sold immediately, putting 4% of the total supply into circulation at once.

Analysts warn this could trigger significant selling pressure, potentially lowering ASTER prices further. While the project framed the unlocked airdrop as promoting fairness and flexibility, many traders view it as a liquidity flood ahead of the token’s next reward stage.

[Rimon Khan]

Typical post-airdrop scenario. Holders cashing out early can shake short-term price stability.

[Abdul Khan]

Sell pressure was expected, but long-term believers might find this a great re-entry point.