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#TrendingTopic #Write2Earn #Reposted Is Starknet Heading Towards 5$ ?
Trending
After launch, one of the year's most anticipated coin starknet dumped rapidly. There're many negetive sentiment floating around Starknet and the coin itself. But There's also few positive things coming for starknet New projects are building,
🔆 Why People Hating Starknet So Much ?
🔹 Unfairly Distribution of Airdrop : Many People are unhappy about Airdrop distribution. People complaining on social media about it and it creates a heavy negetive sentiment around it.
🔸Previous sour relationship with Airdrop hunter : One of Starknet Key member called Airdrop Hunters E-Beggoors. This was very disrespectful towards the beta testers and project contributors.
🔹High FDV : With 10B token in total starknet will have a bigger Full Diluted valuation than prominent projects like Arbitrium and Matic.
🔸1.3 Billion Token Unlock For Early Investors And Team only after 2 months of launch. And that decision mainly creates many questions among retail investors.
These Things Caused a bigger Dip in Starknet Price. The coin Dipped About 1.6$
✴️ Upcoming Starknet Development
🔸Ethereum Dencun Upgrade + New coin + Low float + zk-Rollup first mover.
Learn About Ethereum Dencun Upgrade
🔹No unlock until April, and a relatively low market cap when compared to competitors.
🔸 Starknet ecosystem projects are about to launch.
Read About Starknet Ecosystem
🦠 Starknet Unlock Schedule
StarkNet (STRK) token unlocks and vesting schedule:
🔹Initial Distribution:
StarkNet’s total supply consists of 10 billion STRK tokens. The initial allocation is distributed across various categories:
Early Contributors: 20.1%
Investors: 18.2%
Grants: 12.9%
StarkWare: 10.8%
Foundation Strategic Reserves: 10%
Community Rebates: 9%
Foundation Treasury: 8.1%
Community Provisions: 7.2%
Donations: 2%
🔸Unlock Schedule:
Initially, there was a plan to unlock 13.4% (1.34 billion tokens). However, this has been revised.
The new schedule unlocks 0.64% (64 million tokens)