#数字货币市场洞察 $BTC $ETH $ASTER

ASTER’s latest token burn operation is truly baffling. Nearly $80 million in real capital was thrown in, and by all accounts, a deflationary model like this should have supported the price. Instead, it acted like nothing happened—prices dropped as usual. The way this played out is pretty interesting.

If you think it through, you’ll realize the problem isn’t with the burn itself. When 96% of the circulating supply is held by just a few addresses, this was never a game retail investors could win from the start. Remember how things turned out after that influencer called for a buy? The whales had already set up their short positions at the top, and the burned amount was just a bonus for them. Look at the trading data—it looks lively on the surface, but how much of that volume is actually real trades? The sell pressure, on the other hand, is absolutely real.

At the end of the day, no matter how nice the tokenomics look on paper, it’s useless if the chip structure is unbalanced. Any move by the project team will be met with skepticism about their motives. Especially with tokens where team info is vague and holdings are highly concentrated—I personally avoid these at all costs.

There’s never a shortage of opportunities in crypto, but once your principal hits zero, there’s no coming back. What do you all think? Are projects like this still worth getting involved in? Leave a comment and share your thoughts.