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\n\t\t\t\t\t\t\t\t\tSpeculation is growing that YouTuber MrBeast has invested over $1.28 million in ASTER, an on-chain move that comes despite his public denial. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Jimmy Donaldson, widely known as MrBeast, has once again gotten attention following claims that he invested millions in ASTER.<\/p>\n
The token has also been gaining momentum in the crypto market, with several known figures showing their support.<\/p>\n
On-chain analytics firm Lookonchain revealed<\/a> that a wallet allegedly associated with the YouTuber recently spent 320,587 USDT to acquire 167,436 ASTER tokens. This transaction brought its total holdings to 705,821 ASTER, valued at approximately $1.28 million.<\/p>\n Lookonchain further reported<\/a> that within the past three days, it has accumulated 538,384 tokens worth around $990,000, at an average buying price of $1.87 each. Records also indicate a deposit of 1 million USDT was made into the DEX via public wallet 0x9e67 and a new wallet 0x0e8A, followed by the withdrawal of 538,384 ASTER.<\/p>\n The MrBeast-linked address first made headlines with a 114,483 $USDT deposit into Aster on September 21. However, following these reports, he publicly denied any connection, stating:<\/p>\n \u201cNever heard of that coin and that\u2019s not my wallet\u2026 I\u2019m never doing a meme coin so don\u2019t get scammed by one pretending to be me.\u201d<\/p>\n<\/blockquote>\n The famous YouTuber has previously faced scrutiny in the crypto space, with reports alleging<\/a> that he earned more than $23 million through insider trading, misleading investors, and using his influence to pump token prices before selling them off.<\/p>\n Aster and its native cryptocurrency ASTER have been gaining traction fast in the industry, with several well-known figures showing their backing. Former Binance CEO Changpeng Zhao (CZ) played a big role in its rise by publicly endorsing<\/a> the project on his social media.<\/p>\n BitMEX co-founder Arthur Hayes, who recently exited<\/a> a $5.1 million position in rival token HYPE, has shifted focus toward ASTER. The crypto project has been slowly gaining ground in the perpetual DEX space, with it outpacing<\/a> Hyperliquid in daily trading volume.<\/p>\n Meanwhile, data shows that high-profile trader James Wynn has opened a 3x leveraged long position on ASTER, entering at $1.97 per coin with a liquidation level set at $1.57. The investor, who chose to short HYPE, stated that he believes<\/a> it is \u201cdying a slow and painful death\u201d and added that its competitor offers superior features, including MEV-free execution, hidden orders, and dual trading interfaces.<\/p>\n The ASTER token has surged past $2 over the past week, reaching highs of $2.43, as the BNB Chain-based project captures market attention. Whale activity has also intensified, with on-chain data revealing that these large holders accumulated<\/a> over $259 million worth of the coin during the same period.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n\n
Industry Figures Rally Behind ASTER<\/h2>\n
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