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What drives the hype of ASTER tokens? CZ-backed cryptocurrencies surge 400%

Source: CoinWorld
The ASTER token ($ASTER) surged more than 1,650% on the first day of its launch, reaching a peak of $1.27 and creating more than $310 million in trading volume, after the previous airdrops broke the typical sell-off pattern. With public support from CZ and Yzi Labs, the multi-chain DEX has attracted more than 330,000 new wallets with a total lock value (TVL) of over $1 billion. Analysts pointed out that factors such as listing on Binance and fee repurchase may become catalysts. ASTER is currently trading at $0.59 amid high volatility and growing speculation.
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