Topic: STRK(Starknet) Token Speculation (Read 342 times)
Now it is 0.5$ so it's a good time to buy.
https://cointelegraph.com/news/starknet-to-increase-tps-as-fees-fall-within-3-months
Look out, Solana: Starknet to 4X TPS within 3 months
"StarkWare CEO Eli Ben Sasson said he expects transaction speeds on the firm’s Ethereum layer 2 Starknet to increase fourfold while fees fall “5x” over the next three months, making it competive with Solana.
The network improvements will come mostly from “better compilation and faster execution” on Cairo — Starknet’s native smart contract language, Ben Sasson told Cointelegraph at the DevCon 2024 in Bangkok last week.
It would see Starknet cross the 1,000 transactions per second (TPS) milestone and compete with Solana, which typically processes a non-vote TPS between 800 to 1,050, data from Solana Compass shows.
Starknet’s TPS will surpass 1000 or more within the next “three months,” Ben Sasson asserted."
Look out, Solana: Starknet to 4X TPS within 3 months
"StarkWare CEO Eli Ben Sasson said he expects transaction speeds on the firm’s Ethereum layer 2 Starknet to increase fourfold while fees fall “5x” over the next three months, making it competive with Solana.
The network improvements will come mostly from “better compilation and faster execution” on Cairo — Starknet’s native smart contract language, Ben Sasson told Cointelegraph at the DevCon 2024 in Bangkok last week.
It would see Starknet cross the 1,000 transactions per second (TPS) milestone and compete with Solana, which typically processes a non-vote TPS between 800 to 1,050, data from Solana Compass shows.
Starknet’s TPS will surpass 1000 or more within the next “three months,” Ben Sasson asserted."
I don't want to sound too naive over this token and to me is new to hearing because I never study about or even comes across any information about them, but that doesn't mean you won't did your investment or hold it as you may want. What i only want to tell you is that do not follow the current market position to follow some altcoin because they easily failed out when there seems to be no bull market then you dislike jumping into altcoins.
...As far I know everyone is speaking against the starknet project and I don't think without the help of community they will get hype like Arbitrum and others.
The team has already admitted their mistakes and promised to reward such participants who had ETH in liquidity pools, but at the same time the wallet balance was less than 0.005 ETH. In addition, on February 22, the Starknet team launched the second phase of airdrop for 40 million STRK - https://x.com/StarknetFndn/status/1759567375370772507?s=20
2nd phrase of the airdrop is to increase ecosystem adoption. Other layer 2 like manta, Polygon, Arbitrum, OP, Base sees huge users growth not because of the hype but also the convenience of moving funds from one EVM to another because they share a common address. But STRK has a different kind of address which is bit different from the common EVM based address so user find it more convenient to use them Also, a few of the other layer 2 have yet to do the airdrop.
...As far I know everyone is speaking against the starknet project and I don't think without the help of community they will get hype like Arbitrum and others.
The team has already admitted their mistakes and promised to reward such participants who had ETH in liquidity pools, but at the same time the wallet balance was less than 0.005 ETH. In addition, on February 22, the Starknet team launched the second phase of airdrop for 40 million STRK - https://x.com/StarknetFndn/status/1759567375370772507?s=20
Where can I the trading chart of STRK coin with time series data of last two years? I want open source data only.
You will not find such a trading chart anyw here, because the TGE of the STRK coin was on February 20th and, accordingly, there can be no schedule before this date. If you are interested in the trading chart of STRK coins after February 20th, then you can see it here - https://coinmarketcap.com/currencies/starknet-token/
STRK token successfully launched and now listed in bybit exchange and soon will ne listed in binance and other Tier 1 exchanges. There are so many rumour that Starknet team will unlock all teams token after 2 months without any locking period which will affect the token price. Currently STRK price is above 2$. Total supply is 10 billion which is equal to Arbitrum and Optimism supply.
What do you think that at which price it will be better to buy this token. I think buying below 1.5$ will ne worthy in this bull season and there is chance of 50% quick profit.
What do you think that at which price it will be better to buy this token. I think buying below 1.5$ will ne worthy in this bull season and there is chance of 50% quick profit.
Where can I the trading chart of STRK coin with time series data of last two years? I want open source data only.
...As far I know everyone is speaking against the starknet project and I don't think without the help of community they will get hype like Arbitrum and others.
The team has already admitted their mistakes and promised to reward such participants who had ETH in liquidity pools, but at the same time the wallet balance was less than 0.005 ETH. In addition, on February 22, the Starknet team launched the second phase of airdrop for 40 million STRK - https://x.com/StarknetFndn/status/1759567375370772507?s=20
For me, I am not really a fan of Starknet.
I just sold the airdropped tokens immediately after I got them. Lucky for those people who sold it above $2 after some exchanges launched.
There are already a lot of competitors in Layer 2 right now. What I can only see right now in Starknet is, still early. It could dump more and can buy more cheap STRK.
I just sold the airdropped tokens immediately after I got them. Lucky for those people who sold it above $2 after some exchanges launched.
There are already a lot of competitors in Layer 2 right now. What I can only see right now in Starknet is, still early. It could dump more and can buy more cheap STRK.
The price was about to dip hard before the Starknet team stepped in to rescue the situation by reducing and delaying the release of tokens for VCs. Amongst all EVM L2s, I feel starknet has some of the highest fees. What's even interesting is that the chain isn't used that much compared to Arbitrum or Zksync (no bottle necks or what not) yet the network is super expensive to use. I'm not bidding for STRK yet. I'm expecting market to cool off a bit and for STRK to drop even more to say $1.2 so I can get some for myself. Until then, I prefer to be on the sidelines.
They have done blunder with their airdrop distribution and i think they have done insider farming for the airdrop. Otherwise how a single person able to eligible for more than 1300 wallet for the airdrop. That must must have insider information about the airdrop criteria which he used to farm the airdrop. Even this can be the team itself, and they farmed their own airdrop. That is the reason their active user drops more than 90% after they have announced this drop.
This is not the first time that one user farm airdrop with multiple wallet. If you remembered Jino token which was airdropped to Atom and osmosis stakers. It was almost 2 years ago where one wallet got Juno token from multiple Wallet but he did one mistake thay he staked tokens where Juno team took action and freeze his staked tokens. I aggred with you that any team member reveal the hidden information about airdrop to family members. As far I know everyone is speaking against the starknet project and I don't think without the help of community they will get hype like Arbitrum and others.
In JIO the eligibility criteria were simple and most of the people became eligible for the drop even though many of them were using multiple wallets. But in STRK the eligibility criteria was bit more complicated and that is the reason more than 60% people haven't gotten any drop. If a single person made fortune by being eligible for 1300+ wallet then that is not normal. He must have known the criteria before they published it. Who can get access to such information? Only the team.
For me, I am not really a fan of Starknet.
I just sold the airdropped tokens immediately after I got them. Lucky for those people who sold it above $2 after some exchanges launched.
There are already a lot of competitors in Layer 2 right now. What I can only see right now in Starknet is, still early. It could dump more and can buy more cheap STRK.
I just sold the airdropped tokens immediately after I got them. Lucky for those people who sold it above $2 after some exchanges launched.
There are already a lot of competitors in Layer 2 right now. What I can only see right now in Starknet is, still early. It could dump more and can buy more cheap STRK.
After StarkWare changed the timing of unlocking the STRK coin, the prospect of an increase in the price of the coin looks more real. The updated STRK unlock schedule is posted by StarkWare on its Twitter account (X) - https://twitter.com/StarkWareLtd/status/1760780113057030184 But despite such positive news, I think we should still see a correction that will allow us to buy the STRK coin at a reduced price.
The idea is that the overall crypto market looks week and a correction is overdue. A retracement of 10-15% on Bitcoin could see alts like STRK bleeding between 20% to 50% and that would present a really good buying opportunity. That is why I am yet to acquire any STRK token because if I want to buy a high cap token like STRK, it needs to be through a discount.
The delayed release is a welcome development although I would've preferred if they just load everything on the market enough for the price to bleed well.
They have done blunder with their airdrop distribution and i think they have done insider farming for the airdrop. Otherwise how a single person able to eligible for more than 1300 wallet for the airdrop. That must must have insider information about the airdrop criteria which he used to farm the airdrop. Even this can be the team itself, and they farmed their own airdrop. That is the reason their active user drops more than 90% after they have announced this drop.
This is not the first time that one user farm airdrop with multiple wallet. If you remembered Jino token which was airdropped to Atom and osmosis stakers. It was almost 2 years ago where one wallet got Juno token from multiple Wallet but he did one mistake thay he staked tokens where Juno team took action and freeze his staked tokens. I aggred with you that any team member reveal the hidden information about airdrop to family members. As far I know everyone is speaking against the starknet project and I don't think without the help of community they will get hype like Arbitrum and others.
...There are so many rumour that Starknet team will unlock all teams token after 2 months without any locking period which will affect the token price. ..
After StarkWare changed the timing of unlocking the STRK coin, the prospect of an increase in the price of the coin looks more real. The updated STRK unlock schedule is posted by StarkWare on its Twitter account (X) - https://twitter.com/StarkWareLtd/status/1760780113057030184 But despite such positive news, I think we should still see a correction that will allow us to buy the STRK coin at a reduced price.
STRK token successfully launched and now listed in bybit exchange and soon will ne listed in binance and other Tier 1 exchanges. There are so many rumour that Starknet team will unlock all teams token after 2 months without any locking period which will affect the token price. Currently STRK price is above 2$. Total supply is 10 billion which is equal to Arbitrum and Optimism supply.
What do you think that at which price it will be better to buy this token. I think buying below 1.5$ will ne worthy in this bull season and there is chance of 50% quick profit.
What do you think that at which price it will be better to buy this token. I think buying below 1.5$ will ne worthy in this bull season and there is chance of 50% quick profit.
Firstly, i wasn't even impress with the way these recent newly launched coins and tokens are performing and its making it to appear as if the exchanges are just a promoter of shitcoins, this token started well but along the way it experience dip down to $1 and this alone spark a lot of reactions after which many other ones have done same as of recent, for now, we are expecting to see this token with more higher prospect since both Binance and Bybit launched it, there should be ore hope for a new all time high soon as we begin to experience bull market in crypto.
They have done blunder with their airdrop distribution and i think they have done insider farming for the airdrop. Otherwise how a single person able to eligible for more than 1300 wallet for the airdrop. That must must have insider information about the airdrop criteria which he used to farm the airdrop. Even this can be the team itself, and they farmed their own airdrop. That is the reason their active user drops more than 90% after they have announced this drop.
Currently it's trading around $1.9 and wouldn't be a wise decision to buy at this moment and I agree with what OP has said we can take entry at much lesser price and we have seen it touching $7 on the day of launch at Binance and then it dropped but I would say this is a general flow which happens to any project listed in Binance and there has been a selling pressure a well. Let's wait for it to drop a bit further.
Anyway, this is a leading L2 project, and they did not disappoint the community too much at the time of STRK launch, the selling pressure from the community is still going on and we can fully expect it lower price as OP suggested.
Among L2, this is not a project that I prioritize, I like OP more
maybe for some reasons as well as the way they have been operating in the past, making trust better. But there is no denying that Starknet is also a leading L2, its ecosystem over time I believe will attract more developers to come and similar to some previously active L2 the hype will continue. Looking around, speculating at the present time or waiting for the price to decrease also has logic and if you expect further into the future, it wouldn't be too surprising to see STRK > $10.
Im not sure that they havent been able to disappoint the community. If we do tend to look at its price then we've seen that it peaked up on $7 on Binance and now on the current price which is $1.88 as of this writing.Among L2, this is not a project that I prioritize, I like OP more
maybe for some reasons as well as the way they have been operating in the past, making trust better. But there is no denying that Starknet is also a leading L2, its ecosystem over time I believe will attract more developers to come and similar to some previously active L2 the hype will continue. Looking around, speculating at the present time or waiting for the price to decrease also has logic and if you expect further into the future, it wouldn't be too surprising to see STRK > $10.I do heard off that the presale is somewhat on $3 or something like that (i might be wrong with this). If you do tend to hover yourself into those telegram groups specially into those testnets and airdrops
then there's a huge disappointment since tons of people not getting eligible despite of the tasks that they've done. Well, this isnt something a big issue since we are talking about project relevance.
In overall we've been always be able to see that when it comes to listing specially on Binance then it would really be going to the floor. Starknet is a good project and i would say that its not bad to make some
good entry maybe below dollar i guess or on the price when market correction happens.
It just launched so I think it will be difficult to talk about the technical analysis story but if compared with L2s like OP, ARB,... I can agree with the current valuation. The current amount of circulating tokens mainly comes from airdrops to the community, so I will also speculate similar to some similar projects, the accumulation process and follow the general state of the market to judge about changes price movement.
My view on speculation is quite simple, balancing the opportunity/risk factor to determine the desired target and as I mentioned earlier about the target, the current accumulation is at a fluctuating price of $1 - 3 doesn't have too many problems, but I also have to reiterate that this is an investment and each person will have their own choice.
Community backlash with $STRK is real, their team's several statements come off as amateurish and rude. IMO, $STRK will dump further, possibly below a dollar and I still won't buy it.
Among L2s, I love Optimism the most, they are generous, and their chain has lowest fee, and Superchains being built on OP stack are only making it stronger. I'm neutral about Arbitrum but they have highest TPS amongst l2s. Regarding, Starknet as chain their ecosystem isn't as thriving as other two, it may get better idk but right now I don't see it's place in L2 race. Let's see how things unfold.
Among L2s, I love Optimism the most, they are generous, and their chain has lowest fee, and Superchains being built on OP stack are only making it stronger. I'm neutral about Arbitrum but they have highest TPS amongst l2s. Regarding, Starknet as chain their ecosystem isn't as thriving as other two, it may get better idk but right now I don't see it's place in L2 race. Let's see how things unfold.
Yup their team has no idea what really makes these decentralized protocols work. And it's the community and appealing to their self interests. Without any prospects of getting a little something from an airdrop or a points system or whatever, who would use the protocol and how would the project get any traction?
... And them calling their community a bunch of e-beggars is just asking for failure.
And there's also the shenanigans about when TGE really was. They moved it a year prior so first unlock comes on April this year instead of next year. If anything, we've seen this sht before. There are people behind the project that could want to dump their tokens asap.
Would definitely do my research on it. However, I already made a little and figured out it has less than a 1 dollar price tag and has already been listed on Binance. Investing in such a token would be very promising and interest-filled but may be dangerous at the same time.
But, with its speculations on several Media, it is worth looking at and probably even investing in.
But, with its speculations on several Media, it is worth looking at and probably even investing in.
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