Posted 2/14/2024, 9:27:00 AM
Starknet to Airdrop $1.2B in Native Tokens, STRK Futures Point to Possible $16B+ Fully Diluted Valuation
- Starknet's native token STRK to debut on Feb. 20 through an airdrop of 728 million tokens
- Aevo's pre-launch futures suggest STRK could debut at $1.65, implying a market cap of $1.2 billion
- The 728 million tokens in the airdrop represent nearly 7% of total supply, suggesting a fully diluted value of over $16 billion
- Market is excited about Starknet as a leading zero-knowledge rollup scaling solution for Ethereum
- Once live, Aevo's pre-launch perpetual futures will reference STRK's spot price