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Starknet

All articles tagged with #starknet

cryptocurrency1 year ago

Bitcoin Surges Past $71K Amidst Altcoin Gains and Market Optimism

Bitcoin hit a two-week high above $71,000 before paring gains, while several altcoins like Uniswap (UNI), Starknet (STRK), and BNB saw significant price increases. Uniswap surged over 20% following a cryptic social media post, Starknet rallied over 10% due to its vision to scale Bitcoin, and BNB advanced 7% due to increased Binance activities. The broader crypto market showed positive trends, with the CoinDesk 20 Index up 1.8%. Bitcoin miners also saw substantial gains, led by Core Scientific's 40% surge after a deal with CoreWeave.

via CoinDesk|
#altcoins#bitcoin#bnb
cryptocurrency1 year ago

Starknet Surges as 3AC's STRK Tokens Hit Binance Amid Liquidation

Despite large deposits of STRK tokens into exchanges, the price of Starknet's token has resisted a decline, likely buoyed by bullish sentiment around Ethereum and its ecosystem. The price of STRK rose by 4.06% to $1.25, influenced by the U.S. SEC's approval of Ethereum spot ETFs. However, declining trading volume and increased volatility suggest that the price upswing may not last, with potential fluctuations between $1.06 and $1.80.

via AMBCrypto News|
#cryptocurrency#ethereum#price-analysis
blockchain-news1 year ago

Vitalik Buterin's $1M Starknet Grant Boosts STRK Amid 3AC Liquidation

Vitalik Buterin, co-founder of Ethereum, has received a $1 million grant in locked Starknet tokens, boosting the price of Starknet's native token by 3%. This grant highlights Buterin's significant role in the blockchain community and his confidence in Starknet's potential to enhance Ethereum's scalability and efficiency. The market has responded positively, with Starknet's token showing notable price increases.

via CoinGape|
#blockchain#blockchain-news#cryptocurrency
cryptocurrency1 year ago

"Starknet's STRK Airdrop Sends Token Price Soaring"

Starknet has launched the airdrop for its STRK governance token, with over one million users eligible to claim tokens. Despite a 49% drop in value since going live, STRK has been listed on major exchanges and has a market capitalization of approximately $2 billion. The token allows holders to participate in governance, pay network fees, and stake for consensus. However, Starkware faced criticism for plans to unlock 1.3 billion tokens allocated to early investors just two months after trading began. Despite a sharp drop in network activity following the airdrop announcement, trading volume has shown signs of rebounding.

via Decrypt|
#airdrop#cryptocurrency#ethereum
cryptocurrency1 year ago

"Starknet's STRK Token Airdrop Sparks User Dissatisfaction and Plummeting Activity"

Starknet, an Ethereum rollup, has distributed 728 million tokens in what is being called the largest airdrop of the year. The token, STRK, began trading at $5 on Kucoin after the airdrop, with a fully diluted value of $35 billion and an actual market cap of $2.32 billion. Starknet aims to scale the Ethereum blockchain using zero-knowledge cryptography and layer-2 technology, and has already amassed nearly $55 million in total value locked since its launch in November 2021.

via CoinDesk|
#airdrop#cryptocurrency#ethereum