MrBeast Involved in New Cryptocurrency Activity with Aster (ASTER) Token
YouTube personality Jimmy Donaldson, widely known as MrBeast, has become associated with new cryptocurrency activity after he deposited funds into the newly launched Aster (ASTER) token.
MrBeast’s Wallet Activity
On-chain analysis reveals that a wallet connected to MrBeast deposited 114,483 USDT, valued at approximately $114,480, into ASTER, based on the most recent on-chain data obtained by Finbold from Arkham on September 21.
Blockchain data indicates that the transfer originated from a wallet labeled “MrBeast: WuTangClan,” which has previously engaged with various exchanges and platforms. This wallet has shown inflows from ChangeNOW, Gnosis Safe Proxy, and numerous transactions via MetaMask over the past year.
This latest development occurs as the influencer faces allegations of insider trading. In 2024, MrBeast was accused of misleading investors by utilizing his social media influence to promote projects and subsequently sell them for profit.
Reports estimate that MrBeast made over $23 million in profits from different tokens, including $11.45 million from SUPER, $4.65 million from ERN, $1.72 million from PMON, $1.31 million from STAK, and $1 million from AIOZ.
As of now, it remains unclear how long ASTER can maintain its upward momentum, particularly as the broader market sentiment remains stagnant without significant movement from key assets.
