Binance Square
Home
Notification
Profile
Trending Articles
News
Creator Center
Settings
LIVE
LIVE
CryptoPsalm
--・1.7k views
Invest on STARKNET or not? Here are some key points about STRK and its potential as an investment: - Use Case: STRK is the governance token of #Starknet , which allows dApps to massively scale their computation without compromising on Ethereum's security and composability. STRK holders can propose and vote on changes to the protocol, such as adding new tokens, adjusting fees, and distributing rewards. - Distribution: There is a fixed supply of 6,540,888 STRK tokens, of which 2,540,888 STRK are currently in circulation. There are no team, founder, or venture capital allocations for STRK tokens, ensuring a fair and community-driven distribution. - Technology: Starknet is a validity rollup that utilizes STARK technology to ensure computational integrity and unlimited scale for Ethereum-based dApps. It supports general computation, native account abstraction, and Ethereum-level composability. It also has a thriving ecosystem of developers, users, and partners. - #Airdrop : Feb. 20, 2024, 1.3 million wallets will get STRK, the token of Starknet, a layer-2 blockchain for Ethereum. The snapshot was on 1st January 2022, based on StarkEx usage. Users and developers of Starknet dApps are eligible. Based on these facts, STRK could be a good investment for those who are interested in the scalability and innovation of #Ethereum . It has a strong use case, a loyal community, and a low supply. However, it also faces some risks, such as: - Competition from other scaling solutions, such as Optimism, Arbitrum, and #Polygon. - Regulatory uncertainty and potential legal challenges for rollup projects in general. - Technical issues or security breaches that could compromise the protocol or the user funds. Therefore, if you decide to invest in $STRK , you should be aware of these factors and be prepared for possible price fluctuations. You should also diversify your portfolio and only invest what you can afford to lose. I hope this information was helpful and informative. please hit the follow button for more updates and analysis. Thank you for your support! #Write2Earn

Invest on STARKNET or not?

Here are some key points about STRK and its potential as an investment:

- Use Case: STRK is the governance token of #Starknet , which allows dApps to massively scale their computation without compromising on Ethereum's security and composability. STRK holders can propose and vote on changes to the protocol, such as adding new tokens, adjusting fees, and distributing rewards.

- Distribution: There is a fixed supply of 6,540,888 STRK tokens, of which 2,540,888 STRK are currently in circulation. There are no team, founder, or venture capital allocations for STRK tokens, ensuring a fair and community-driven distribution.

- Technology: Starknet is a validity rollup that utilizes STARK technology to ensure computational integrity and unlimited scale for Ethereum-based dApps. It supports general computation, native account abstraction, and Ethereum-level composability. It also has a thriving ecosystem of developers, users, and partners.

- #Airdrop : Feb. 20, 2024, 1.3 million wallets will get STRK, the token of Starknet, a layer-2 blockchain for Ethereum. The snapshot was on 1st January 2022, based on StarkEx usage. Users and developers of Starknet dApps are eligible.

Based on these facts, STRK could be a good investment for those who are interested in the scalability and innovation of #Ethereum . It has a strong use case, a loyal community, and a low supply. However, it also faces some risks, such as:

- Competition from other scaling solutions, such as Optimism, Arbitrum, and #Polygon.

- Regulatory uncertainty and potential legal challenges for rollup projects in general.

- Technical issues or security breaches that could compromise the protocol or the user funds.

Therefore, if you decide to invest in $STRK , you should be aware of these factors and be prepared for possible price fluctuations. You should also diversify your portfolio and only invest what you can afford to lose.

I hope this information was helpful and informative.

please hit the follow button for more updates and analysis.

Thank you for your support!

#Write2Earn

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Relevant Creator
LIVE
CryptoPsalm
@CryptoPsalm

Explore More From Creator

🔒 Secure Your #Crypto! Using public Wi-Fi can put your digital wallet at risk. Connect with caution: Public networks are often unsecured. Use a VPN: Encrypt your connection to shield your transactions. $BTC $ETH $BNB #Write2Earn
--
Is $PIXEL a good investment after its 1500% surge? PIXEL is the token of Pixels, a social casual web3 game that lets you farm, explore, and create in a beautiful open world. PIXEL was listed today and its price skyrocketed by over 1500%, reaching a new high of $0.6 But is it too late to invest in PIXEL now? Here are some pros and cons to consider: Pros of Investing In PIXEL: - PIXEL has a strong use case in the game, as it is used for buying, upgrading, and minting items, as well as for governance and premium access. - PIXEL has a limited and deflationary supply, which could increase its scarcity and value over time. - PIXEL has a loyal and growing community of gamers, artists, and collectors who support the project and its development. Cons of Investing In PIXEL: - PIXEL is very volatile and subject to the fluctuations of the crypto market and the sentiment of the investors. - PIXEL is a new and unproven project that faces many challenges and uncertainties in the gaming and NFT sectors. - PIXEL is a risky investment that involves a high degree of speculation and no guarantee of success or return. My opinion: I think #PIXEL is a good investment for those who are willing to take the risk and believe in the vision of the project. However, I also think PIXEL is not a good investment for those who are looking for a safe and stable return or who are not familiar with the gaming and #NFT sectors. If you found this post helpful, please follow me for more insights and analysis on the crypto space. Thank you for reading and happy investing! #Write2Earn
--
Where do you see $SOL by 29th February? below $100? Above $120? Above $150? I would love to see your opinion! #Write2Earn #solana
--
Solana or Matic: Which Coin Should You Buy Now? Solana ($SOL ) and Matic ($MATIC ) are two popular and promising cryptocurrencies. Both offer scalable, fast, and low-cost solutions for dApps and DeFi. But which one is a better investment right now? - #Solana is faster and more scalable than Matic, but it also has more centralization and security risks. Solana has a higher value, market cap, and trading volume than Matic. Solana has a larger and more diverse ecosystem than Matic, but it also faces more competition from other blockchains. - #Matic is cheaper and more user-friendly than Solana, but it also depends on Ethereum and requires users to migrate to its network. Matic has a lower value, market cap, and trading volume than Solana. Matic has a smaller but still impressive ecosystem than Solana, but it also has more room for growth and innovation, especially in layer-2 scaling. - Which Coin Should You Buy Now? Both SOL and MATIC have their own strengths and weaknesses, but which one is a better investment right now? Based on my research and analysis, I think Solana is a better choice. However, this does not mean that Matic is a bad investment. Matic also has some advantages and opportunities Therefore, the best way to decide is to do your own research, analysis, and due diligence before investing in any cryptocurrency. Follow me for more content like this. Thank you for reading and happy investing! #Write2Earn
--
#ZEN Coin not worth putting money on? What you need to know before putting in your money on ZEN, especially as ZEN market is pumping right now, and why its market is gaining an upwards trend. ZEN coin is the token of Horizen, a network of blockchains that enables interoperability and scalability. ZEN coin has increased by almost 50% in the past week, because of: - Listing on Coinbase: On September 15, 2023, #Coinbase and Coinbase Pro announced that they were adding support for ZEN coin on their platforms. Being listed on Coinbase means that ZEN coin can reach a larger market and gain more liquidity and exposure. Coinbase also has a reputation for being selective and compliant, which adds credibility and trust to ZEN coin. - Launching Horizen EON: In October 2023, Horizen launched Horizen EON, a smart contracting platform that runs on a public proof-of-stake sidechain of Horizen. Horizen EON is compatible with Ethereum, the leading smart contract platform, which means that developers can easily build and deploy decentralized applications (dapps) on Horizen EON, while leveraging the existing tools and resources of the Ethereum ecosystem. Horizen EON also offers scalability, security, and decentralization, which are essential for dapps. - Deprecating the mainchain shielded pools: In September 2023, Horizen implemented ZenIP 42204, a proposal that aimed to make ZEN coin more adaptable and compliant with the regulatory environment. By shedding the privacy coin label, $ZEN coin became more accessible and acceptable to exchanges, regulators, and investors, who may have been wary of the legal and reputational risks associated with privacy coins. ZEN coin has a lot of potential to grow further, as Horizen continues to improve its network, expand its ecosystem, and grow its community. ZEN coin is a coin to watch and invest in, as it offers a unique value proposition and a promising outlook. Follow me for more content on cryptocurrency, blockchain, and DeFi. Thank you for reading! 😊 #Write2Earn
--

Latest News

SEC Bans Staff From Using Work Phones For Third-Party Messaging Apps
--
Ethereum(ETH) Surpasses 3,100 USDT with a 0.70% Increase in 24 Hours
--
BNB Surpasses 540 USDT with a 2.75% Decrease in 24 Hours
--
Bitcoin(BTC) Surpasses 63,000 USDT with a 0.29% Decrease in 24 Hours
--
Shiba Inu Burn Rate Soars Amid Market Decline
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
ba-one-trust-cookie