With #Starknet blind faith or perseverance will be rewarded?
The price reduction disaster started on 04/14/2024 and has decreased by more than 80% from the peak
Although the strong#starkwareteam is valued at 8B $, raised 282M with many huge funds, and is about to have staking...
But the token unlock schedule for investors vs early contributors is too early, leading to a lot of token inflation at the beginning while most projects will lock 12 months with the team and investors.
Along with that, other#Layer2slike $OP $ZK $ARB, although they decreased less, are still quite boring compared to#Layer1slike $SUI $SEI $SAGA
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However, after nearly 5 months of only unlocking and decreasing prices, $STRK also showed signs of stopping decreasing and moving sideways in the price range of 0.3-0.5 for more than 2 months
Like the recovery at the end of September, the price of $STRK also recovered 60% from 0.3 to 0.5
And last night when#BTCwas at 59K, $STRK did not follow suit and decrease like before.
