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StarknetUpdate
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Valencia Lachowski TQ1f:
Bullish breakout on daily and weekly chartsāœ… -Weekly bullish correction has begunšŸš€ -Prices look ready to rise to $0.700!šŸ“ˆ -Upside: +25 / +30%šŸš€
Starknet v0.13.1 is set to release, offering support for Ethereum EIP4844 which is expected to significantly reduce data availability costs for Starknet. It will also continue reducing transaction fees by taking advantage of EIP4844 as well as optimizations that reduce compute fees. #StarknetUpdate #StarkNet #Write2Earn #TrendingTopic
Starknet v0.13.1 is set to release, offering support for Ethereum EIP4844 which is expected to significantly reduce data availability costs for Starknet. It will also continue reducing transaction fees by taking advantage of EIP4844 as well as optimizations that reduce compute fees.

#StarknetUpdate #StarkNet #Write2Earn #TrendingTopic
Beware Starknet at 15 April 2024 (7 days 20H) will be unlocked $500.56m $STRK ($971.07m USD, 5% of total supply) from early contributor and investors. Since it's come from investors usually have big possibility they will take profits. Will it give huge correction? Give me your opinion. #StarknetUpdate #HotTrends
Beware Starknet at 15 April 2024 (7 days 20H) will be unlocked $500.56m $STRK ($971.07m USD, 5% of total supply) from early contributor and investors. Since it's come from investors usually have big possibility they will take profits.
Will it give huge correction?
Give me your opinion.
#StarknetUpdate #HotTrends
AVNU has introduced vSTRK, a governance-wrapped token of $STRK, which facilitates the delegation of voting power. This development is aimed at enhancing participation in Starknetā€™s governance as it expands #AVNU #StarknetUpdate #starknet #strk #HotTrends
AVNU has introduced vSTRK, a governance-wrapped token of $STRK , which facilitates the delegation of voting power. This development is aimed at enhancing participation in Starknetā€™s governance as it expands

#AVNU #StarknetUpdate #starknet #strk #HotTrends
šŸ“Š Starknet's user base sees a sharp decline from 220,500 to 84,000 post airdrop criteria announcement, reflecting community backlash over exclusions and token distribution concerns. šŸ” Despite user drop, #TVL sits at $54.18M, down slightly from its ATH #StarkNet #strk #STRKToken #StarknetUpdate
šŸ“Š Starknet's user base sees a sharp decline from 220,500 to 84,000 post airdrop criteria announcement, reflecting community backlash over exclusions and token distribution concerns.

šŸ” Despite user drop, #TVL sits at $54.18M, down slightly from its ATH

#StarkNet #strk #STRKToken #StarknetUpdate
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Bearish
#strk/usdt Big token unlock coming after a week for $STRK This 85m USD worth of #strk. will be going to investors and early contributor (I guess team members). Be careful! #StarknetUpdate
#strk/usdt Big token unlock coming after a week for $STRK

This 85m USD worth of #strk. will be going to investors and early contributor (I guess team members). Be careful! #StarknetUpdate
SURPRISE SURPRISE, $OP TAKES THE CROWN! šŸ‘‘ ETH's L2 Under Analysis šŸ§šŸ‘‡ With over 1 million followers, Arbitrum boasts the largest Twitter following among the three projects. The project's engagement with prominent figures like Vitalik Buterin, Laura Shin and Meltem Demirors suggests strong support and influence within the blockchain industry. Also, ARB shows engagement with key projects and venture capitals such as Uniswap Labs and Paradigm. These are important players and funding sources. From the other hand, we have Optimism that counts 660'000 followers but scores higher than ARB (641 vs 548). Also, OP shows engagement with influential figures (e.g. Alexis Ohanian) and key projects like Solana. At the end we have Starknet. While it has fewer Twitter followers compared to Arbitrum and OP (347k), it still maintains a substantial presence on Twitter. STRK shows engagement with influential figures like Stani Kulechov and Eric Wall, as well as prominent projects like Polygon. TO SUM UP! Arbitrum, Starknet and Optimism each have their strengths in terms of Twitter presence and engagement within the crypto community. ARB leads in terms of sheer follower count while STRK and OP demonstrate strong engagement with influential figures, projects and ecosystems. All 3 projects have the versatility and ability to integrate with different blockchain platforms. I just put the crown on OP because with less followers was able to score better than ARB (which has 2x followes more) NOTE: I made this analysis by consulting Twitterscore, which is a tool that provides valuable insights regarding the crypto project engagement. A must tool for investors! Drop A Like If You Wish More Analysis Like That šŸ’Ŗ STAY TUNED & DYOR šŸ™ - NFA. #Optimism #StarknetUpdate #Layer2Altcoins #Altcoins2024 #AltcoinNews
SURPRISE SURPRISE, $OP TAKES THE CROWN! šŸ‘‘ ETH's L2 Under Analysis šŸ§šŸ‘‡

With over 1 million followers, Arbitrum boasts the largest Twitter following among the three projects. The project's engagement with prominent figures like Vitalik Buterin, Laura Shin and Meltem Demirors suggests strong support and influence within the blockchain industry. Also, ARB shows engagement with key projects and venture capitals such as Uniswap Labs and Paradigm. These are important players and funding sources.

From the other hand, we have Optimism that counts 660'000 followers but scores higher than ARB (641 vs 548). Also, OP shows engagement with influential figures (e.g. Alexis Ohanian) and key projects like Solana.

At the end we have Starknet. While it has fewer Twitter followers compared to Arbitrum and OP (347k), it still maintains a substantial presence on Twitter. STRK shows engagement with influential figures like Stani Kulechov and Eric Wall, as well as prominent projects like Polygon.

TO SUM UP!
Arbitrum, Starknet and Optimism each have their strengths in terms of Twitter presence and engagement within the crypto community. ARB leads in terms of sheer follower count while STRK and OP demonstrate strong engagement with influential figures, projects and ecosystems. All 3 projects have the versatility and ability to integrate with different blockchain platforms. I just put the crown on OP because with less followers was able to score better than ARB (which has 2x followes more)

NOTE: I made this analysis by consulting Twitterscore, which is a tool that provides valuable insights regarding the crypto project engagement. A must tool for investors!

Drop A Like If You Wish More Analysis Like That šŸ’Ŗ STAY TUNED & DYOR šŸ™ - NFA.

#Optimism #StarknetUpdate #Layer2Altcoins #Altcoins2024 #AltcoinNews
STRK Coin: Striking a Chord in Decentralized Finance In the symphony of DeFi (Decentralized Finance), where protocols vie for dominance, STRK coin rises like a crescendo, poised to disrupt the status quo. But is it a harmonious melody or a cacophony of hype? Let's delve into the world of STRK and see if it strikes a chord with you. Governance with a Punch: STRK isn't just another digital token; it's a conductor's baton for the StarkNet protocol. Holders have the power to sway the music, proposing and voting on changes that shape the future of this innovative platform. Future-Proofing with Staking: Imagine securing the network's rhythm with your STRK holdings. That's the potential of staking, a feature still in development, where users can contribute to the stability of StarkNet and earn rewards in return. Gas Fees in Harmony: Currently, transaction fees on StarkNet are paid in ETH, the crypto equivalent of a clunky cash register. However, the future whispers of STRK assuming this role, creating a smoother user experience. A Symphony of Potential: STRK's potential is as vast as a composer's imagination. While the total supply isn't limited, its distribution scheme ensures a balanced composition, with a focus on rewarding core contributors and fostering long-term growth. So, is STRK a harmonious fit for your crypto portfolio? Only you can answer that. But one thing's for sure, STRK is a rising star in the DeFi orchestra, and its melody is worth listening to. Follow, like, and share to keep the conversation flowing! Let's break down the barriers of crypto confusion and create a symphony of adoption, together. Be a part of the network, Click STRK! #strk. #StarknetUpdate #strkusdt #strkusdt #TrendingTopic $STRK @StarkNet_official @EliteDaily P.S. While financial contributions are always appreciated, the real support lies in spreading the knowledge. Follow EliteDailySignals for more insightful crypto content, and let's make DeFi harmony a reality. šŸ–¤ Feel free to Give a Tip if it doesn't hurt your wallet.
STRK Coin: Striking a Chord in Decentralized Finance

In the symphony of DeFi (Decentralized Finance), where protocols vie for dominance, STRK coin rises like a crescendo, poised to disrupt the status quo. But is it a harmonious melody or a cacophony of hype? Let's delve into the world of STRK and see if it strikes a chord with you.

Governance with a Punch: STRK isn't just another digital token; it's a conductor's baton for the StarkNet protocol. Holders have the power to sway the music, proposing and voting on changes that shape the future of this innovative platform.

Future-Proofing with Staking: Imagine securing the network's rhythm with your STRK holdings. That's the potential of staking, a feature still in development, where users can contribute to the stability of StarkNet and earn rewards in return.

Gas Fees in Harmony: Currently, transaction fees on StarkNet are paid in ETH, the crypto equivalent of a clunky cash register. However, the future whispers of STRK assuming this role, creating a smoother user experience.

A Symphony of Potential: STRK's potential is as vast as a composer's imagination. While the total supply isn't limited, its distribution scheme ensures a balanced composition, with a focus on rewarding core contributors and fostering long-term growth.

So, is STRK a harmonious fit for your crypto portfolio? Only you can answer that. But one thing's for sure, STRK is a rising star in the DeFi orchestra, and its melody is worth listening to.

Follow, like, and share to keep the conversation flowing! Let's break down the barriers of crypto confusion and create a symphony of adoption, together. Be a part of the network, Click STRK!

#strk. #StarknetUpdate #strkusdt #strkusdt #TrendingTopic $STRK @Stark Net @EliteDailySignals

P.S. While financial contributions are always appreciated, the real support lies in spreading the knowledge. Follow EliteDailySignals for more insightful crypto content, and let's make DeFi harmony a reality.

šŸ–¤ Feel free to Give a Tip if it doesn't hurt your wallet.
25 minutes ago, Amber deposited 1.2M $STRK ~ $1.08M onto the Binance šŸ‘Øā€šŸ’» This amount of STRK was transferred from the Anchorage Digital wallet address (0x5df0) 45 minutes ago. Over the past 2 days, a total of 4.8M $STRK has flowed out of the 0x5df0 wallet of Anchorage Digital: - 2.4M STRK was transferred to Amber --> Immediately deposited onto Binance - 1.2M STRK was transferred to Teneo --> This fund also received 2.6M STRK from another Anchorage wallet address previously, total holding 4.32M STRK ~ $3.9M - 1.2M STRK was transferred to Galaxy Digital --> No other signs yet #iCryptoā¤ļø #Onchain #DataFi #StarknetUpdate
25 minutes ago, Amber deposited 1.2M $STRK ~ $1.08M onto the Binance šŸ‘Øā€šŸ’»

This amount of STRK was transferred from the Anchorage Digital wallet address (0x5df0) 45 minutes ago.

Over the past 2 days, a total of 4.8M $STRK has flowed out of the 0x5df0 wallet of Anchorage Digital:

- 2.4M STRK was transferred to Amber --> Immediately deposited onto Binance
- 1.2M STRK was transferred to Teneo --> This fund also received 2.6M STRK from another Anchorage wallet address previously, total holding 4.32M STRK ~ $3.9M
- 1.2M STRK was transferred to Galaxy Digital --> No other signs yet

#iCryptoā¤ļø
#Onchain #DataFi #StarknetUpdate
Upcoming Token Unlocks to Watch Next Week Stay ahead of the game with our roundup of significant token unlocks scheduled for next week. Understanding these unlocks is crucial, as they can influence market dynamics and price movements. Hereā€™s what you need to know: 1. Xai $XAI Unlock Date: September 9 Tokens to be Unlocked: 35.88 million XAI Circulating Supply: 572.10 million XAI Xaiā€™s unlocking of 35.88 million tokens could impact the market, particularly if liquidity issues or profit-taking by early investors come into play. Keep an eye on potential price fluctuations. 2. Aptos $APT Unlock Date: September 11 Tokens to be Unlocked: 11.31 million APT Circulating Supply: 486.98 million APT With 11.31 million Aptos tokens set for release, watch for potential changes in market sentiment and price movements as these new tokens enter circulation. 3. Starknet $STRK Unlock Date: September 15 Tokens to be Unlocked: 64 million STRK Current Circulating Volume: 1.77 billion STRK The release of 64 million Starknet tokens is a substantial event. Given the high volume already in circulation, this unlock could have significant effects on market dynamics and pricing. Additional Unlocks Other notable unlocks next week include io.net (IO), Ethena (ENA), Cyber (CYBER), and Render (RNDR), with a combined total value exceeding $114 million. These unlocks could also influence the broader market. Be prepared and stay informed as these unlocks unfold to navigate potential market impacts effectively. #StarknetUpdate #XAÄ° #Aptosļ»æ #Aptos
Upcoming Token Unlocks to Watch Next Week

Stay ahead of the game with our roundup of significant token unlocks scheduled for next week. Understanding these unlocks is crucial, as they can influence market dynamics and price movements. Hereā€™s what you need to know:

1. Xai $XAI

Unlock Date: September 9
Tokens to be Unlocked: 35.88 million XAI
Circulating Supply: 572.10 million XAI

Xaiā€™s unlocking of 35.88 million tokens could impact the market, particularly if liquidity issues or profit-taking by early investors come into play. Keep an eye on potential price fluctuations.

2. Aptos $APT

Unlock Date: September 11
Tokens to be Unlocked: 11.31 million APT
Circulating Supply: 486.98 million APT

With 11.31 million Aptos tokens set for release, watch for potential changes in market sentiment and price movements as these new tokens enter circulation.

3. Starknet $STRK

Unlock Date: September 15
Tokens to be Unlocked: 64 million STRK
Current Circulating Volume: 1.77 billion STRK

The release of 64 million Starknet tokens is a substantial event. Given the high volume already in circulation, this unlock could have significant effects on market dynamics and pricing.

Additional Unlocks

Other notable unlocks next week include io.net (IO), Ethena (ENA), Cyber (CYBER), and Render (RNDR), with a combined total value exceeding $114 million. These unlocks could also influence the broader market.

Be prepared and stay informed as these unlocks unfold to navigate potential market impacts effectively.

#StarknetUpdate #XAÄ° #Aptosļ»æ #Aptos
JUST IN šŸ”„ I Mapped the Top Layer 2 Solutions on Ethereum! While some layers 2 solutions have gained significant traction and are poised for further growth, others face challenges and uncertainties that need to be addressed! šŸŒŸ Stars: Matic (Polygon) & Optimism are leading the charge with scalable solutions, reducing costs & congestion ā“ Question marks: Arbitrum shows promise but faces competition & early adoption challenges šŸ’° Cash cows: StarkNet, powered by StarkWare, promises innovative tech & strong backing, poised for market dominance šŸ• Dogs: Immutable X (IMX) struggles in the NFT ecosystem, facing hurdles to gain traction Would you have placed them differently? šŸ¤” $OP $STRK $MATIC #Layer2 #Optimisim #PolygonMATIC #StarknetUpdate #ImmutableX
JUST IN šŸ”„

I Mapped the Top Layer 2 Solutions on Ethereum! While some layers 2 solutions have gained significant traction and are poised for further growth, others face challenges and uncertainties that need to be addressed!

šŸŒŸ Stars: Matic (Polygon) & Optimism are leading the charge with scalable solutions, reducing costs & congestion

ā“ Question marks: Arbitrum shows promise but faces competition & early adoption challenges

šŸ’° Cash cows: StarkNet, powered by StarkWare, promises innovative tech & strong backing, poised for market dominance

šŸ• Dogs: Immutable X (IMX) struggles in the NFT ecosystem, facing hurdles to gain traction

Would you have placed them differently? šŸ¤” $OP $STRK $MATIC

#Layer2 #Optimisim #PolygonMATIC #StarknetUpdate #ImmutableX
šŸ’° Invest $1K in These Cryptos Now for Your Dream House in 2025! šŸ’° šŸ” Imagine unlocking the door to your new home in just a few years with an initial investment of $1,000 today! Dive into the potential of cryptocurrency during the 2024 bull run to pave the way for substantial gains. šŸš€ BlastUP Goes Viral, Raising $4.7 Million: - BlastUP, the premier launchpad on Blast, raised $4.7 million in just weeks! - Holders of BlastUP tokens enjoy privileges like Airdrops, loyalty rewards, and staking opportunities. - Backed by Blast, the sixth-largest blockchain by TVL, BlastUP is dedicated to propelling the success of blockchain startups. šŸ’¹ Aptos Price Movement and Analysis: - Aptos (APT) shows varied performance, but recent actions suggest potential. - Current price: $8.97 to $10.65. - Resistance at $11.31, support at $7.96. - RSI: 55.57 (neutral), Stochastic: 71.48 (overbought), MACD: 0.08 (neutral). šŸ’¹ Starknet Crypto Price Moves and Analysis: - Starknet (STRK) shows dynamic price range between $1.14 and $1.50. - Resistance at $1.68, support at $0.61. - RSI: 52.84 (neutral). šŸ’¹ Optimism (OP) Price Movement: - OP's current price: $2.14 to $2.64. - Resistance at $2.83. - RSI: High, suggesting potential pullback. šŸ“ˆ Conclusion: - Investing $1,000 in cryptocurrencies like APT, STRK, and OP could pave the way to purchasing a property by 2025. - BlastUP stands out with high potential due to its innovative concept and integration with the Blast ecosystem. šŸ” Remember, this is not financial advice. Conduct your research before investing! #Megadrop #BlastUP #Aptosļ»æ #StarknetUpdate #Optimism šŸŒŸ
šŸ’° Invest $1K in These Cryptos Now for Your Dream House in 2025! šŸ’°

šŸ” Imagine unlocking the door to your new home in just a few years with an initial investment of $1,000 today! Dive into the potential of cryptocurrency during the 2024 bull run to pave the way for substantial gains.

šŸš€ BlastUP Goes Viral, Raising $4.7 Million:
- BlastUP, the premier launchpad on Blast, raised $4.7 million in just weeks!
- Holders of BlastUP tokens enjoy privileges like Airdrops, loyalty rewards, and staking opportunities.
- Backed by Blast, the sixth-largest blockchain by TVL, BlastUP is dedicated to propelling the success of blockchain startups.

šŸ’¹ Aptos Price Movement and Analysis:
- Aptos (APT) shows varied performance, but recent actions suggest potential.
- Current price: $8.97 to $10.65.
- Resistance at $11.31, support at $7.96.
- RSI: 55.57 (neutral), Stochastic: 71.48 (overbought), MACD: 0.08 (neutral).

šŸ’¹ Starknet Crypto Price Moves and Analysis:
- Starknet (STRK) shows dynamic price range between $1.14 and $1.50.
- Resistance at $1.68, support at $0.61.
- RSI: 52.84 (neutral).

šŸ’¹ Optimism (OP) Price Movement:
- OP's current price: $2.14 to $2.64.
- Resistance at $2.83.
- RSI: High, suggesting potential pullback.

šŸ“ˆ Conclusion:
- Investing $1,000 in cryptocurrencies like APT, STRK, and OP could pave the way to purchasing a property by 2025.
- BlastUP stands out with high potential due to its innovative concept and integration with the Blast ecosystem.

šŸ” Remember, this is not financial advice. Conduct your research before investing!

#Megadrop #BlastUP #Aptosļ»æ #StarknetUpdate #Optimism šŸŒŸ
The Layer 2 (L2) sector is set to benefit immensely if the ETF is approved tonight! šŸš€ Here are the top 5 tokens in the Layer 2 sector. Letā€™s take a detailed look at their current status: $METIS (MetisDAO) Current Price: $76 Details: Our community identified MetisDAO as an undervalued asset when it was priced at $14. The teamā€™s consistent efforts have paid off, and it remains an attractive investment opportunity due to its ongoing development and growth potential. $OP (Optimism) Current Price: $2.57 Details: Optimism is a leading player in the L2 sector, attracting numerous high-quality projects and significant capital investment. Its robust ecosystem makes it a preferred choice for major funds. $ARB (Arbitrum) Current Price: $1.16 Details: Arbitrum boasts the highest Total Value Locked (TVL) among Layer 2 solutions. However, recent large-scale token unlocks have impacted its market stability, making it less favorable for buying. $MANTA (Manta Network) Current Price: $1.67 Details: Manta Networkā€™s ecosystem is expanding rapidly, with a circulating market cap of just $400 million. Its promising development trajectory makes it a good buy. $STRK (StarkNet) Current Price: $1.19 Details: While StarkNetā€™s market value is considerably lower than that of $ARB and $OP, its performance in the current market cycle has been lackluster. Thus, it is not recommended for purchase at this time. Disclaimer: Research before investing, use only risk-worthy funds, and take full responsibility for your decisions. Stay tuned for more updates and insights as we navigate the exciting developments in the crypto space! šŸŒ•āœØ #Optimisim #StarknetUpdate #MANTA: #ArbitrumBOLD #Metis
The Layer 2 (L2) sector is set to benefit immensely if the ETF is approved tonight! šŸš€

Here are the top 5 tokens in the Layer 2 sector. Letā€™s take a detailed look at their current status:

$METIS (MetisDAO)

Current Price: $76

Details: Our community identified MetisDAO as an undervalued asset when it was priced at $14. The teamā€™s consistent efforts have paid off, and it remains an attractive investment opportunity due to its ongoing development and growth potential.

$OP (Optimism)

Current Price: $2.57

Details: Optimism is a leading player in the L2 sector, attracting numerous high-quality projects and significant capital investment. Its robust ecosystem makes it a preferred choice for major funds.

$ARB (Arbitrum)

Current Price: $1.16

Details: Arbitrum boasts the highest Total Value Locked (TVL) among Layer 2 solutions. However, recent large-scale token unlocks have impacted its market stability, making it less favorable for buying.

$MANTA (Manta Network)

Current Price: $1.67

Details: Manta Networkā€™s ecosystem is expanding rapidly, with a circulating market cap of just $400 million. Its promising development trajectory makes it a good buy.

$STRK (StarkNet)

Current Price: $1.19

Details: While StarkNetā€™s market value is considerably lower than that of $ARB and $OP , its performance in the current market cycle has been lackluster. Thus, it is not recommended for purchase at this time.

Disclaimer:
Research before investing, use only risk-worthy funds, and take full responsibility for your decisions.

Stay tuned for more updates and insights as we navigate the exciting developments in the crypto space! šŸŒ•āœØ

#Optimisim #StarknetUpdate #MANTA: #ArbitrumBOLD #Metis
$ARB VS $STRK - SECURITY CHECK BATTLE šŸ‘Š Best Web3's leading smart contract auditor (Certik) has shared valuable insights regarding these Ether Scaling Solutions! Arbitrum (ARB) outperforms Starknet (STRK) on all criteria. As we can see, STRK Lacks in Coding and Fundamentals. Arbitrum ranks fifth in security among all crypto projects, while Starknet fails to crack the top 25 ! It's a fact: ARB leads the pack! šŸ‘‘ #Layer2Solutions #StarknetUpdate #ArbitrumUpdate #AltcoinsRising
$ARB VS $STRK - SECURITY CHECK BATTLE šŸ‘Š

Best Web3's leading smart contract auditor (Certik) has shared valuable insights regarding these Ether Scaling Solutions!

Arbitrum (ARB) outperforms Starknet (STRK) on all criteria. As we can see, STRK Lacks in Coding and Fundamentals. Arbitrum ranks fifth in security among all crypto projects, while Starknet fails to crack the top 25 !

It's a fact: ARB leads the pack! šŸ‘‘

#Layer2Solutions #StarknetUpdate #ArbitrumUpdate #AltcoinsRising
$STRK BREAKOUT IS INEVITABLE! šŸšØ 37.5% Potential Upward Gap šŸ‘‡ Starknet has finally found support on S2 and according to the chart, a breakout should happen in hours! STRK is currently trading at $1.3 while gathering liquidity for its potential upward trend with potential gap of 37.5%. However, STRK's price is just below the EMA 20 but RSI is suggesting an oversold situation. Currently the situation looks bullish with an exception; May 16, 64 million STRK tokens will be released (8.8% of the circulating supply) which are valued at $82 million. If this unlock is already priced in, then I won't be bothered; instead, if it isn't, then STRK's price may revisit S1. So, my strategy according this situation will be: Strategy + Hedge Short Position: Stop Loss on $1.28, entry price on S2 (1.31 to 1.34). First TP on R1 (25%), Second TP R2 (25%) and Third TP on R4 (50%). If the market goes against me, I'll open a short position on $1.28 with stop loss on $1.32. TP on S1 (100%) STAY TUNED!šŸ”„& Remember, Your Support Is MASSIVELY Appreciated!šŸ‘šŸ’Ŗ- DYOR šŸ™ NFA.šŸ¤ #StarknetUpdate #STRKpriceanalysis #StarkNetTradingSignal #Altcoins2024
$STRK BREAKOUT IS INEVITABLE! šŸšØ 37.5% Potential Upward Gap šŸ‘‡

Starknet has finally found support on S2 and according to the chart, a breakout should happen in hours! STRK is currently trading at $1.3 while gathering liquidity for its potential upward trend with potential gap of 37.5%. However, STRK's price is just below the EMA 20 but RSI is suggesting an oversold situation. Currently the situation looks bullish with an exception; May 16, 64 million STRK tokens will be released (8.8% of the circulating supply) which are valued at $82 million. If this unlock is already priced in, then I won't be bothered; instead, if it isn't, then STRK's price may revisit S1. So, my strategy according this situation will be:

Strategy + Hedge Short Position:
Stop Loss on $1.28, entry price on S2 (1.31 to 1.34). First TP on R1 (25%), Second TP R2 (25%) and Third TP on R4 (50%). If the market goes against me, I'll open a short position on $1.28 with stop loss on $1.32. TP on S1 (100%)

STAY TUNED!šŸ”„& Remember, Your Support Is MASSIVELY Appreciated!šŸ‘šŸ’Ŗ- DYOR šŸ™ NFA.šŸ¤

#StarknetUpdate #STRKpriceanalysis #StarkNetTradingSignal #Altcoins2024
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