There is little convincing evidence to support the bearish arguments about ASTER. A common claim is that a certain influential figure sold off tokens after failing to establish contact with the project team, implying that ASTER has no investment value. However, this logic itself is quite tenuous.

First, the response later issued by that individual indicates that the project team has been operating normally. More worth considering is that this person's past predictions have been quite inconsistent, which calls into question their reliability. Between November and December last year, he was bullish on ETH, insisting that BTC could reach 150,000 USD per coin. Given such frequent reversals in stance, why should investment decisions be based on his movements?

From a track perspective, the DEX concept indeed has a limited market size, but this precisely highlights the importance of concentration. If you believe HYPE can rise above 100 USD, then supporting ASTER makes no contradiction—both are logically aligned.

More importantly, the traditional narratives in DeFi have been thoroughly discussed, and the market is in urgent need of new growth stories. The DEX concept and emerging sectors are bound to become the next hotspots. Historically, BTC and ETH have each led their respective bull cycles, yet some emerging mainstream tokens have yet to truly lead their own upward phases. Whether through breakthroughs in new concepts or the rebound of undervalued tokens, ASTER can benefit in this process. From this perspective, there is no clear reason to be overly bearish.