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We usually donāt see many thousands of percent gains from utility tokens; thatās more of a meme coin phenomenon. However, over the past month, the perpetual futures exchange Aster has seen its native token, $ASTER, make astounding gains of over 2,100%. Aster burst onto the scene with bold ambitions, establishing itself as a strong competitor to established players like Hyperliquid. At the same time, the protocol promised a privacy-focused approach and extremely high leverage, drawing the interest of traders and investors alike. As Aster grows, it should set the stage for projects like Best Wallet Token ($BEST), providing even new investors a convenient way to unlock cryptoās many investment opportunities. What Is Aster? Aster is a decentralized exchange (DEX) designed for perpetual futures tradingāderivatives contracts without expiration dates. Unlike standard futures, perpetuals allow traders to speculate on price movements (long or short) indefinitely. Aster supports extremely high leverage of up to 1,001x, which is greater than most of its rivals. Leverage trades carry greater risks but open the possibility of greater rewards for experienced traders. In short, leverage provides more trade exposure with less capital, but at a higher risk. Though Aster also offers spot trading, its main draw is derivatives. The project is backed by YZi Labs and has links to Binance co-founder Changpeng Zhao. Aster is built to be multi-chain, supporting BNB Chain, Solana, Ethereum, and Arbitrum. But technical factors alone donāt explain why Aster has made such progress; that comes down to something simpler. Aster vs. Hyperliquid: How They Stack Up Within days of launch, Aster made waves by exceeding Hyperliquid in daily revenue on several occasions, although its weekly trading volume still lags behind. The recent 24-hour trading volume of $ASTER to $HYPE was $924M compared to $671M. Hyperliquid, which focuses on perpetuals, already has an established user base and infrastructure. Aster remains unproven, even after a strong first month. Asterās multichain design allows participants to trade across their preferred chains without forced routing or bridging costs. Hyperliquid runs its own blockchain as its foundation. Aster has also suggested moving to its own layer-1 chain in the future. This would free it from relying on BNB Chain and enable custom improvements. One of the main differentiators is order privacy. Aster offers Hidden Orders, allowing users to make private trades. Hyperliquidās fully transparent model often reveals large āwhaleā moves, which may discourage some big traders who prefer to stay stealthy. Although still in the early stages, Aster could lead a new wave of DeFi trading apps. One key to broader adoption? Powerful, simple Web3 wallets. Best Wallet Token ($BEST) ā Wallet, Token, and Card in Powerful Web3 Ecosystem Best Wallet provides a simple, clean interface for a web3 wallet thatās ready for all the tokens, dApps, and protocol integrations you can throw its way. Best Wallet is non-custodial, so your tokens stay with you; thereās no third-party control. The Best Wallet Token ($BEST) introduces a native utility token, providing lower transaction fees and higher staking rewards. Thereās also access to the best crypto presales in an upcoming tokens section, where investors can research and purchase tokens from within the app even before they launch. Investors can create up to 5 individual wallets within Best Wallet. Create one for Bitcoin, one for EVM tokens, and more, using Best Wallet to navigate the growing world of DeFi protocols and integrated dApps. Learn how to buy Best Wallet token and see why the presale has already raised over $16.1M. Check out Best Wallet token at the presale page. Asterās arrival shakes up the decentralized derivatives space. And with continued growth, Aster might not just challenge Hyperliquid ā it might redefine how future DEXs operate. That would create even more demand for wallets like Best Wallet and tokens like $BEST. As always, do your own research. This isnāt financial advice. Authored by Aaron Walker for NewsBTC ā https://www.newsbtc.com/news/aster-vs-hyperliquid-in-dex-war-best-wallet-token-is-better-for-beginners
XRP Price May Not See An Explosive Rally In October As Expected, Hereās Why
The phrase āUptoberā has gained popularity in the crypto market, as October has historically delivered gains in the past. For the XRP price, however, the picture looks very different. A closer look at its history shows a mix of big wins and painful losses, making October far less predictable. Removing the extreme years shows that the data points to flat or negative results, which means investors counting on an explosive rally may end up disappointed. Although the last quarter of the year has brought substantial gains in some cases, the overall record remains inconsistent, suggesting that āUptoberā may be more of a myth than a promise for XRP holders. Historical Data Challenges The āUptoberā Hype For XRP Price Every October, the crypto community hopes that coins will rise, and while Bitcoin sometimes lives up to this expectation, XRPās history tells a different story. Data from CryptoRank shows that XRP has experienced some notable fluctuations in October over the last decade. In 2013, the token soared by more than 94%. In 2014, it jumped 130%. In 2020, it even delivered an explosive rally of nearly 179% in just one month. Related Reading: Pundit Says Bitcoin Is Still In A Bull Market Despite Price Crash; Hereās Why But these massive rallies are rare. In many other years, the results were disappointing. For example, the XRP price suffered double-digit losses in October of 2018 and 2021. In other years, gains were delivered only in tiny amounts, far below what traders had hoped for. Stripping away the highs and lows makes the overall trend clear. The median October return for XRP is actually a slight loss of 1.79%, and the average return is even worse at -4.58%. This data suggests that October is far more likely to bring disappointment than explosive growth for XRP holders. While the idea of āUptoberā may sound exciting, the history of XRP shows its performance in October is scattered, unpredictable, and often hostile. Q4 Patterns Show Risk Of Relying On Seasonal Myths Some traders argue that even if October is not always a great month, the XRP price usually performs well in the final quarter of the year. Indeed, the last quarter has sometimes delivered big rallies, and the average Q4 return for XRP is nearly 88%. But these results are heavily skewed by a few extraordinary years. When the numbers are balanced, the median return for Q4 is actually a loss of 4.32%. Related Reading: XRP Holders Could Lose Millions Of Dollars In 10 Days, Hereās Why The negative median Q4 return shows that the perception of Q4 strength is not as reliable as many believe. The standout rallies do not represent the typical outcome. Instead, most years end up modest or even negative. The pattern points to risk, not certainty, for those who assume every Q4 will bring green candles. Past data proves that while extraordinary runs are possible, they are rare, and the more common result is far less exciting. XRP could still surprise to the upside, but history warns against treating October as a guaranteed month of gains. Believing the hype without considering the risks may leave investors unprepared for disappointment. Featured image created with Dall.E, chart from Tradingview.com
XRP Price May Not See An Explosive Rally In October As Expected, Hereās Why
The phrase āUptoberā has gained popularity in the crypto market, as October has historically delivered gains in the past. For the XRP price, however, the picture looks very different. A closer look at its history shows a mix of big wins and painful losses, making October far less predictable. Removing the extreme years shows that the data points to flat or negative results, which means investors counting on an explosive rally may end up disappointed. Although the last quarter of the year has brought substantial gains in some cases, the overall record remains inconsistent, suggesting that āUptoberā may be more of a myth than a promise for XRP holders. Historical Data Challenges The āUptoberā Hype For XRP Price Every October, the crypto community hopes that coins will rise, and while Bitcoin sometimes lives up to this expectation, XRPās history tells a different story. Data from CryptoRank shows that XRP has experienced some notable fluctuations in October over the last decade. In 2013, the token soared by more than 94%. In 2014, it jumped 130%. In 2020, it even delivered an explosive rally of nearly 179% in just one month. Related Reading: Pundit Says Bitcoin Is Still In A Bull Market Despite Price Crash; Hereās Why But these massive rallies are rare. In many other years, the results were disappointing. For example, the XRP price suffered double-digit losses in October of 2018 and 2021. In other years, gains were delivered only in tiny amounts, far below what traders had hoped for. Stripping away the highs and lows makes the overall trend clear. The median October return for XRP is actually a slight loss of 1.79%, and the average return is even worse at -4.58%. This data suggests that October is far more likely to bring disappointment than explosive growth for XRP holders. While the idea of āUptoberā may sound exciting, the history of XRP shows its performance in October is scattered, unpredictable, and often hostile. Q4 Patterns Show Risk Of Relying On Seasonal Myths Some traders argue that even if October is not always a great month, the XRP price usually performs well in the final quarter of the year. Indeed, the last quarter has sometimes delivered big rallies, and the average Q4 return for XRP is nearly 88%. But these results are heavily skewed by a few extraordinary years. When the numbers are balanced, the median return for Q4 is actually a loss of 4.32%. Related Reading: XRP Holders Could Lose Millions Of Dollars In 10 Days, Hereās Why The negative median Q4 return shows that the perception of Q4 strength is not as reliable as many believe. The standout rallies do not represent the typical outcome. Instead, most years end up modest or even negative. The pattern points to risk, not certainty, for those who assume every Q4 will bring green candles. Past data proves that while extraordinary runs are possible, they are rare, and the more common result is far less exciting. XRP could still surprise to the upside, but history warns against treating October as a guaranteed month of gains. Believing the hype without considering the risks may leave investors unprepared for disappointment. Featured image created with Dall.E, chart from Tradingview.com