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Strk

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cryptocurrency1 year ago•2 min saved

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

cryptocurrency1 year ago•1 min saved

"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