Starknet (STRK) faces huge losses as it follows the market-wide correction phase that shook investor portfolios. The unexpected movement caused the token to fall by nearly 16% causing a whopping $87k wipeout of STRK long positions in the past 24 hours. The market’s current positioning puts many investors at risk with big losses for the…
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Although the market dips even further after weak macro releases, Starknet (STRK) remains bullish with developments that offset the market’s fear, uncertainty, and doubt. According to CoinGecko, STRK rose nearly 23% since last week, keeping much of the bearish momentum at bay. On-chain developments have held investor confidence highly, with a major push for improving…
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As Ethereum rollup Starknet initiates distribution of 728m tokens to more than 1.3m addresses, traders are vying to take position in what could be the largest airdrop of 2024. However, with STRK price plummeting -50% on launch, could this new meme coin be a better play as it heads for exchanges? This article will provide…
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Starknet, an Ethereum layer-2 scaling protocol, commenced the distribution of its native network token, the STRK token, on February 20, witnessing a substantial uptake with millions of tokens claimed upon the launch of the provisions portal. The newly released STRK tokens experienced robust demand, with 71% of available tokens claimed within the first 24 hours…
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Ethereum layer-2 scaling protocol Starknet launched an airdrop of its native network token STRK today. According to an X post, over 140 million tokens have been claimed so far by around 128,000 users at the time of writing. Today is only the beginning! @Starknet is about to blast off! 1. @Starknet provisions are claimable NOW2.…
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The Starknet Foundation has announced the first phase of the Starknet Provision Program to reward community members with its utility token. In a Feb 14 release, the platform disclosed the distribution process and the general utility for STRK tokens. Check your eligibility for STRK https://t.co/MZ4DTMzQgH pic.twitter.com/bn5iKfMo0W — Starknet (@Starknet) February 14, 2024 https://platform.twitter.com/widgets.js The Foundation…
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Source: Starknet The Starknet Foundation has taken a step to acknowledge the early contributors to its network by allocating 50 million STRK tokens. This gesture comes even though these tokens are locked and not yet tradable until April 2024. Starknet, a Layer-2 blockchain network built atop Ethereum, aims to enhance scalability and reduce costs without…
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StarkNet has prioritized scalability over composability and transparency. But it’s now working on making its tech open source. Zero-knowledge (ZK)-Rollup tech company StarkWare has officially open sourced its new programming language compiler, Cairo 1.0, which will soon be supported on Ethereum layer-2 scaling solution StarkNet in Q1 2023. The news was announced by StarkWare —…
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