The BNB ecosystem continues to be in the limelight at the start of Uptober. After a brief pullback, the new DEX coin, Aster (ASTER), is back to its bullish ways.
ASTER has already surged by over 50% in October, opening the month at $1.50 and trading as high as $2.28 on Saturday. It has since pulled back by 12%, retesting the $2 S/R level.
The asset continues to receive a significant boost from Binance co-founder Changpeng “CZ” Zhou.
In a recent X post, CZ projected that the so-called ‘Astober’ setup is now in play, hinting that Aster could post strong gains this month. There is a strong
Other top analysts are also giving bullish price forecasts, with some projecting the token to double and hit $4 in October.
However, it still needs to invalidate a bearish head-and-shoulders pattern, a key risk that cautious investors are watching closely before buying.
Why Is Aster Pumping?
The BNB ecosystem is showing significant bullish strength.
BNB itself has hit a new all-time high, and beta coins like PancakeSwap and Floki are following suit, delivering even higher returns. Now, it is Aster’s turn.
Aster has established itself as the top decentralized perpetual exchange, outperforming Hyperliquid in all major categories.
Aster’s perpetual volumes are nearly 10x higher than Hyperliquid’s across both daily and weekly timeframes. Over the past 24 hours, Aster handled $98.5 billion versus Hyperliquid’s $9.9 billion, while the 7-day total came in at $512.4 billion compared with $55.0 billion.
This performance cements Aster’s growing dominance in the perp DEX market.
Moreover, with CZ backing the project and continuously promoting it on social media, ASTER continues to be one of the best cryptos to invest in.
Aster Price Prediction: Can It Double In October?
The Aster price surged by 50% in October before a pullback. The bulls are now hoping that it will potentially double its price in October and hit the $4 mark.
While $4 might be a tall task, there is a growing consensus among experts that it will reach $3 this month.
Analyst Captain Faibik reveals that ASTER has already broken out of a falling wedge, one of the most bullish signals in the crypto market. Faibik projects that the DEX coin will rally to $2.90 in the ongoing rally.
Meanwhile, trader Lyxe predicts that the Aster price will hit $3 within the next 7 days.
Indeed, whales have been stacking the token, which is a massive bullish signal and suggests that a strong rally could be next.
However, sidelined investors should be careful not to FOMO buy the token at its current price and wait for a breach of the $2.05 resistance level. This would invalidate the bearish head-and-shoulders pattern formation in its price chart.
ASTER Could 2x In October, But Experts Call Best Wallet Token The Next 10x Crypto
Utility coins are taking the centre stage in the Uptober rally. In particular, platform coins like Aster and PancakeSwap are posting attractive gains.
Unsurprisingly, smart money investors are already hunting for low-cap gems in the sector, and Best Wallet Token (BEST) has emerged as a standout performer.
BEST is the native token of the Best Wallet app, a rapidly growing multichain, non-custodial, and no-KYC crypto wallet.
The new cutting-edge product has already made its mark in the crypto market. Unlike legacy wallets like MetaMask that support only one type of chain, Best Wallet is a true multichain wallet that aims to offer support for 60-plus chains.
Besides the traditional wallet capabilities like buying, selling, swapping and spending at the lowest costs, Best Wallet has also emerged as an all-in-one Web3 hub.
Some of the cutting-edge features to be added soon include a derivatives trading platform, an NFT gallery, an in-app news feed, a crypto debit card and a staking aggregator, which offers passive income at market-high rates.
Its “Upcoming Tokens” feature is already in high demand, considering it allows users to invest in the trendies presales without leaving the app.
Unsurprisingly, the wallet’s native token, BEST, is in high demand due to the perks it offers within the ecosystem, including low transaction fees and high staking rewards.
BEST has already raised over $16 million in its presale, with many calling it the next 10x crypto.
Visit Best Wallet Token Presale
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