Editor's Picks Market News

Aster defies the market with Machi Mode and targets $1.50

Trader at a sleek desk with holographic ASTER charts and Machi Mode visuals, Coinbase backdrop.

The perpetual futures platform Aster has surprised the Defi ecosystem by announcing a new feature designed to reward traders who suffer losses. As confirmed by the project’s official social media account, this initiative seeks to change the psychological dynamic of liquidations, which has positively influenced the current Aster price prediction amidst the general correction the crypto asset market is undergoing.

On Wednesday, “Machi Mode” was officially presented, a rewards program ironically inspired by the trading performance of Jeffrey Huang, known as Machi Big Brother. This Taiwanese trader has suffered 71 liquidations during the recent correction, so the protocol will award liquidation points to those who lose their positions, effectively turning red numbers into a tangible incentive to keep trading. Prominent figures like James Wynn and Andrew Tate have also accumulated significant liquidations this month, adding to the statistics of a brutal November for leverage.

On the other hand, Aster has managed to consolidate itself as one of the dominant players in the decentralized derivatives sector, surpassing even strong competitors like Hyperliquid. Recent data indicates that it holds a 19% market share and trading volumes close to $10 billion within a 24-hour period. This resilience demonstrates that, although bear markets affect everyone equally, soft compensation strategies can be effective in reactivating traders who stay on the sidelines for fear of losing their capital.

Can the token reach new highs after breaking key resistance?

From a technical perspective, the asset has shown impressive relative strength, recording a 16% gain in the last seven days against the negative global trend. Analysis of the four-hour chart reveals a clean break above the $1.15 resistance, a level that has already been successfully confirmed as support. Thus, if buying momentum remains constant, the next immediate target sits at $1.50, which would validate the current bullish thesis in the face of uncertainty.

A solid break above this barrier could open the doors to a much more aggressive rally toward $2.20, representing a 68% upside potential from current levels. Likewise, Aster’s performance highlights the ability of certain projects to thrive regardless of general sentiment, similar to what has been observed in emerging presales like Pepenode. While investors evaluate if this Aster price prediction materializes, attention focuses on how the community will adopt the liquidation points system, possibly redefining user retention on high-risk platforms.

Related posts

Confirmed Bitcoin Payments Per Day Hit Yearly Lows

jose

IO.net: Sybil Attack and Security Measures to Strengthen the Network

fernando

Multichain Crypto Wallet BitKeep Has Been Hacked

Jai Hamid