Aster’s token hit a two-week high.
Binance co-founder and former CEO Changpeng Zhao continues to support the popular decentralized exchange focused on perpetual and spot trading. In his latest post, CZ, who was recently pardoned by US President Donald Trump, said that he used his own money to purchase the DEX’s native token.
Full disclosure. I just bought Aster today, using my own money, in @Binance.
I am not a trader. I buy and hold. pic.twitter.com/wvmBwaXbKD
— Czech Republic 🔶 BNB (@cz_binance) November 2, 2025
He emphasized that he is not a trader but a holder, suggesting that he does not plan to sell the tokens anytime soon, similar to what he has done with BNB.
The screenshot CZ shared shows that he most likely purchased 2,090,598 tokens, valued at over $1.9 million at the time of purchase. However, his contribution had a dramatic and immediate effect on the price of ASTER, which instantly skyrocketed to a new two-week high of $1.30.
Despite losing some ground in the following minutes, the asset is still trading above $1.20, representing a 31% increase since it announced its acquisition.
It’s worth noting that this is not CZ’s first public endorsement. Shortly after the project launched a few months ago, he congratulated the team on X and advised them to “keep building.” At that point, the price of the underlying asset skyrocketed once again and whales rushed to buy it following his comments about X.
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