Aster is about to airdrop, are you ready?
On June 23rd at 8 AM, the Rh points will stop, and you can prepare to claim the airdrop. In the first season, nearly 500,000 addresses conducted over 30 billion in transaction volume; everyone was really impressive.
Currently, the exchange models for various points and APX have not been announced, but results are expected in June.
After the TGE, the second season will also start, which will have incentives, so brothers who want to join still have a chance. There will be several major highlights when the second season starts:
1. Hidden orders, James is going to enjoy this
2. Aster is going to develop L1, the layout is significant
3. Mobile APP
4. New asset classes, possibly outside of crypto
I don't want to associate Aster with HYPE, as it can easily attract criticism from followers, but from the perspective of FDV market cap, HYPE currently has a market cap of 37 billion, which is 4.6 times that of Aster.
One can roughly estimate Aster's market cap to be around 8.04 billion. Due to the airdrop, there is a lot of inflated data. From a pessimistic viewpoint, if we retain 30%, the market cap would be 2.4 billion; from a neutral perspective, retaining 50% gives a market cap of 4 billion; and from an optimistic perspective, retaining 70% gives a market cap of 5.6 billion.
I personally lean towards a valuation above neutral, as the mobile app and hidden orders will attract a lot of users in the future, and the new asset class will also open up new avenues.
Show original
0
1.71K
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.