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Analyst Predicts ASTER to Surpass HYPE with 480% Growth

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Since its launch, the ASTER token, backed by Binance founder Changpeng Zhao (CZ), has surged nearly 8000%. Analyst Marcell predicts the coin could rise another 480% and surpass its main competitor, HYPE, in market capitalization. 

According to the expert, ASTER has the potential to capture a significant share of HYPE’s market value. The decentralized exchange Aster outperforms Hyperliquid — the platform has already surpassed its competitor in daily trading volume and fees. 

Source: DeFi Llama

Marcell pointed to HYPE’s peak market value of $18 billion as a benchmark, nearly five times ASTER’s current $3.5 billion. 

Source: CoinGecko

If the bullish forecast holds, ASTER’s price could rise from the current $2 to approximately $9.69. 

Analyst Danny, who previously predicted the coin’s rise to $2, agrees. He suggests the asset’s market cap could surpass HYPE’s as early as next week, reaching $8-10 billion. 

He cited the ongoing airdrop until October 5 and the upcoming unlock of 4% of ASTER’s total supply. Danny believes these events will encourage farming and support the upward price trend. 

What Are the Whales Doing? 

Amid the growing rivalry between ASTER and HYPE, major players have become active. On September 22, on-chain researcher MLM noted a whale who sold 1 million HYPE for $60.5 million and transferred 21.5 million USDC to Aster. 

On September 24, another player purchased ASTER tokens worth $13.9 million, while another whale acquired coins worth $50 million. 

Analysts at Lookonchain also reported a major investor who accumulated over 33 million ASTER worth $75 million in two days. 

Previously, the community suspected CZ of involvement in the launch of the Aster exchange. Some users believe Zhao initiated the creation of a DEX in the BNB Chain ecosystem in response to Hyperliquid’s success. 

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