Aster’s token rose to a two-week high.
Binance co-founder and former CEO Changpeng Zhao continues his support for the popular decentralized exchange focused on perpetual and spot trading. In his latest post, CZ, who was recently pardoned by US President Donald Trump, said he used his own money to buy the DEX’s native token.
Full disclosure. I bought some Aster today with my own money @Binance.
I am not a trader. I buy and hold. pic.twitter.com/wvmBwaXbKD
— CZ 🔶BNB (@cz_binance) November 2, 2025
He emphasized that he is not a trader, but a holder, indicating that he does not plan to sell the tokens anytime soon, similar to what he has done with BNB.
The screenshot CZ shared shows that he most likely purchased 2,090,598 tokens, worth over $1.9 million at the time of the purchase. However, his entry had a dramatic and immediate effect on ASTER’s price, which immediately skyrocketed to a new two-week high of $1.30.
Despite losing some ground in the following minutes, the asset is still trading above $1.20, marking a 31% increase since he announced his takeover.
It’s worth noting that this isn’t CZ’s first public endorsement. Shortly after the project started a few months ago, he congratulated the team on X and advised them to ‘keep building’. At the time, the price of the underlying asset rose again, and whales rushed to buy it after his comments about X.
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