Anticipating the debut and distribution of STRK on February 20th, I plan to unveil my strategy for token investment along with some findings.
The initial supply of Starknet's token isn't explicitly mentioned in their documentation; however, I'm estimating it to be around 7%, solely from the airdrop. This is because no other types of tokens seem to be set for release during the launch.
Tokens allocated for the Starknet Foundation are unlocked but will not enter the market until they are officially released. This includes tokens set aside for Donations, the Foundation Treasury, among others.
For investors and early backers, the initial release of tokens is scheduled for April 15th, accounting for 13.1% of the total supply. The only other significant category is that of the team's tokens, which are unlikely to be made available right away.
With an anticipated 7% of tokens being in circulation, I'm optimistic about Stark's potential. For context, comparing it with ARB and OP which have market capitalizations of $2.56 billion and $3.51 billion respectively, Stark reaching a market cap of $2.1 billion would imply a token price of around $3.
