Despite the latest market drops, Starknet increased by over 6% today but is yet to make a significant move as it continues to consolidate daily. Its bearish bias remains valid with no signs of a major shift. Since the token was listed on the market on February 20, the price […]
Tag: Starknet
Whale Activity Suggests Starknet Dev Dumping $STRK, Contributing To 12% Price Decline
Whale activity from wallet 0x099, suspected to be linked to a Starknet developer, has raised concerns as 2.6 million STRK tokens, valued at $2.42 million, were deposited to Wintermute Trading OTC. This wallet, believed to be associated with the Starknet team, received 149.5 million STRK, worth $530 million, from the […]
Starknet’s STRK Token Faces Price Decline After Listing
Following its recent listing, Starknet’s native token, STRK, experienced a significant downturn, with its price plummeting by 27% within a 24-hour period. The drop can be attributed largely to sell-offs triggered by a major airdrop, revealing challenges associated with token issuance strategies. Despite the potential of Starknet’s technology, the current […]