2024

Solana

Starknet

Smog

<div class="insidebitcoins">
 The Starknet price plunged 14% in the last 24 hours to trade at $2.054 as of 00:04 a.m. EST on trading volume that surged 112% to $1.6 billion.
 After surging briefly on launch, the STRK price quickly plummeted despite an airdrop of about 700 million STRK tokens to reward its community, with over 220 million tokens claimed thus far. Qualified users have until June 20 to claim the remaining tokens.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Over 220 million STRK claimed!
 Source: @_token_flow pic.twitter.com/IoDOZQFJ8W
 — Starknet 🦇🔊 (@Starknet) February 20, 2024
 </blockquote>
 
 STRK is not the only token to experience a decline in value after a significant airdrop on launch. The JUP price also plummeted after distributing approximately $700 million worth of tokens to its community.
 As the project anticipates many more <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> set to change the decentralized future, can the price bounce back?
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Starknet is preparing for a decentralized future – today marks a giant leap in that direction.
 Over the past 12 months, the @Starknet community has laid the groundwork for today’s milestone.
 The huge efforts around regenesis, the release of Cairo 1.0, the improved network… pic.twitter.com/GCsCXZHPrY
 — Nethermind Starknet (@NethermindStark) February 20, 2024
 </blockquote>
 
 <h2 id="span-style-font-weight-400-straknet-price-bullish-as-it-trades-above-the-falling-wedge-pattern-span">Straknet Price Bullish As It Trades Above The Falling Wedge Pattern</h2>
 <figure id="attachment_482358" aria-describedby="caption-attachment-482358" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-482358" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201281%20555'%3E%3C/svg%3E" alt="Starknet Price Chart Analysis Source: Tradingview.com" width="1281" height="555" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/02/21/3dbc90eb9eff99cee7e490ec660c8551.webp 1281w, https://cdn.thebittimes.com/images/2024/02/21/3dbc90eb9eff99cee7e490ec660c8551.webp 300w, https://cdn.thebittimes.com/images/2024/02/21/3dbc90eb9eff99cee7e490ec660c8551.webp 1024w, https://cdn.thebittimes.com/images/2024/02/21/3dbc90eb9eff99cee7e490ec660c8551.webp 768w" data-lazy-sizes="(max-width: 1281px) 100vw, 1281px" data-lazy-src="https://cdn.thebittimes.com/images/2024/02/21/3dbc90eb9eff99cee7e490ec660c8551.webp">
 <noscript><img decoding="async" class="size-full wp-image-482358" src="https://cdn.thebittimes.com/images/2024/02/21/3dbc90eb9eff99cee7e490ec660c8551.webp" alt="Starknet Price Chart Analysis Source: Tradingview.com" width="1281" height="555" srcset="https://cdn.thebittimes.com/images/2024/02/21/3dbc90eb9eff99cee7e490ec660c8551.webp 1281w, https://cdn.thebittimes.com/images/2024/02/21/3dbc90eb9eff99cee7e490ec660c8551.webp 300w, https://cdn.thebittimes.com/images/2024/02/21/3dbc90eb9eff99cee7e490ec660c8551.webp 1024w, https://cdn.thebittimes.com/images/2024/02/21/3dbc90eb9eff99cee7e490ec660c8551.webp 768w" sizes="(max-width: 1281px) 100vw, 1281px">
 </noscript>
 <figcaption id="caption-attachment-482358" class="wp-caption-text">
 STRKUSD Chart Analysis Source: Tradingview.com
 </figcaption>
 </figure>
 Despite investor enthusiasm, the Starknet price has fallen to consolidate around $2, compared to its opening price of $7 on crypto exchange Binance. The bulls seem to sustain their momentum, using the falling wedge to test the $2.18 resistance level.
 The STRK is trading on the same level as the 50-day Simple Moving Average, around the coin’s major support zone at $2.0476.
 Additionally, the Relative Strength Index (RSI) is bouncing from the oversold regions, crossing the 50-midline level to 58. If there is sustained bullish momentum, the RSI could continue its upward trajectory towards the 70-overbought region, which may drive the price even higher, coinciding with the buying pressure.
 <img decoding="async" class="alignnone size-full wp-image-482359" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201281%20555'%3E%3C/svg%3E" alt="STRK MACD" width="1281" height="555" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/02/21/ef712d6ccfb8e3f4423a1de732a60bc8.webp 1281w, https://cdn.thebittimes.com/images/2024/02/21/ef712d6ccfb8e3f4423a1de732a60bc8.webp 300w, https://cdn.thebittimes.com/images/2024/02/21/ef712d6ccfb8e3f4423a1de732a60bc8.webp 1024w, https://cdn.thebittimes.com/images/2024/02/21/ef712d6ccfb8e3f4423a1de732a60bc8.webp 768w" data-lazy-sizes="(max-width: 1281px) 100vw, 1281px" data-lazy-src="https://cdn.thebittimes.com/images/2024/02/21/ef712d6ccfb8e3f4423a1de732a60bc8.webp">
 <noscript><img decoding="async" class="alignnone size-full wp-image-482359" src="https://cdn.thebittimes.com/images/2024/02/21/ef712d6ccfb8e3f4423a1de732a60bc8.webp" alt="STRK MACD" width="1281" height="555" srcset="https://cdn.thebittimes.com/images/2024/02/21/ef712d6ccfb8e3f4423a1de732a60bc8.webp 1281w, https://cdn.thebittimes.com/images/2024/02/21/ef712d6ccfb8e3f4423a1de732a60bc8.webp 300w, https://cdn.thebittimes.com/images/2024/02/21/ef712d6ccfb8e3f4423a1de732a60bc8.webp 1024w, https://cdn.thebittimes.com/images/2024/02/21/ef712d6ccfb8e3f4423a1de732a60bc8.webp 768w" sizes="(max-width: 1281px) 100vw, 1281px">
 </noscript>
 The Moving Average Divergence Convergence (MACD) line (blue) supports the bullish prospects of STRK’s price, as it trades above the signal line (orange). This usually signifies a bullish crossover, indicating suitable entry points for traders. The green bars extending above the zero line, showing that the price is currently on a positive trajectory, further support this.
 <h2 id="span-style-font-weight-400-starknet-price-prediction-span">Starknet Price Prediction</h2>
 Starknet’s 5-minute chart shows that the price may be rebounding for a bullish reversal. This is supported by the price breaching the upper boundary of the falling wedge pattern, with the bulls aiming for $3 resistance.
 However, if the bears sustain a price retrace, the price may go further down to the next support level at $1.8.
 Meanwhile, Smog offers another opportunity for investors looking for the biggest airdrop ever, and analysts say it has the potential for 100x gains.
 <h2 id="span-style-font-weight-400-smog-surges-70-in-a-week-biggest-airdrop-ever-incoming-span">$SMOG Surges 70% In A Week, Biggest Airdrop Ever Incoming</h2>
 Smog, listed on Jupiter on Feb. 7, is the hottest meme coin right now, and analysts predict it could outperform other Solana meme coin stars including BONK, WIF, and MYRO.
 With the coin establishing itself as a top Solana-based token, Smog has amassed over 23,000 holders and a 55,000 cross-platform community, pushing the market capitalization to around $50 million. $SMOG has surged 70% in the last week to trade at $0.06475.
 The team has allocated 35% of the 1.4 billion Smog token’s total supply for airdrop rewards. The airdrop will be the greatest in history, it says.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 One #Memecoin to rule them all! 🚀
 Get ready for the greatest #Airdrop in history, distributed on #Solana. 💰
 Join #SMOG on Zealy! 🔥
 Link in Bio 🔗 pic.twitter.com/vsn4p5cSF4
 — SMOG (@SMOGToken) February 8, 2024
 </blockquote>
 
 The project is also distributing $1,500 worth of tokens daily through airdrops to other meme coins. Presently, its focus is on Bonk, Dogwifhat, Myro, and Samoyedcoin.
 <h2 id="span-style-font-weight-400-buy-smog-now-receive-the-next-big-giveaway-span">Buy $SMOG Now, Receive The Next Big Giveaway</h2>
 To be eligible for the airdrop, you can acquire and hold Smog tokens. You can also accumulate airdrop points through active participation in Smog’s socials, managed by Zealy. This involves engaging in various quests and activities. There are already over 8,600 airdrop members on Zealy, with over 270,000 tasks completed.
 You can also earn passive income through Smog’s staking protocol, which earns you 42% in annual rewards.
 Crypto analyst and YouTuber Jacob Bury believes that SMOG still has the potential to surge another 100X.
 
 <div class="rll-youtube-player" data-src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/DRFPS_FyxV4" data-id="DRFPS_FyxV4" data-query="feature=oembed" data-alt="SMOG Meme Coin Price Prediction | Low CAP 100x Crypto Gem?!"></div>
 <noscript><iframe title="SMOG Meme Coin Price Prediction | Low CAP 100x Crypto Gem?!" width="640" height="360" src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/DRFPS_FyxV4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
 </noscript>
 
 You can buy the SMOG token on its official website to be eligible for the historic airdrop soon.
 <h2 id="span-style-font-weight-400-related-news-span">Related News</h2>
 <ul>
 <li style="font-weight: 400;" aria-level="1">Best Meme Coins to Invest in: Top Picks for Exponential Gains! 🚀</li>
 <li style="font-weight: 400;" aria-level="1">🐕📈 SHIBA INU PRICE PREDICTION 2024: 🚀 TO THE MOON OR 📉 CRASH LANDING?</li>
 <li style="font-weight: 400;" aria-level="1">Best Crypto Giveaways for Investors – Win Free Prizes</li>
 </ul>
 Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/starknet-price-prediction-strk-plunges-14-despite-huge-airdrop-while-new-solana-meme-coin-smog-skyrockets-70-ahead-of-biggest-ever-airdrop-tbt80372.html">https://thebittimes.com/starknet-price-prediction-strk-plunges-14-despite-huge-airdrop-while-new-solana-meme-coin-smog-skyrockets-70-ahead-of-biggest-ever-airdrop-tbt80372.html</a>
</div>

Starknet Price Prediction: STRK Plunges 14% Despite Huge Airdrop, While New Solana Meme Coin Smog Skyrockets 70% Ahead Of Biggest Ever Airdr...

Mục lục

TheBitTimes

Các bài viết khác được xuất bản trên 21 thg 2, 2024

Anticipated Dates for XRP ETF and Ripple IPO

Top Trending Cryptos on Solana – Ponke, Crown Token, Shadow Token

Japan Tightens Crypto Regulations to Enhance User Protection

Hong Kong regulator shares provisional crypto custody guidelines

Pushd (PUSHD) presale hits News headlines again after Cardano (ADA) & Polkadot (DOT) holders cont...

Binance Launches Mavia 50x Perpetuals and Starknet (STRK) Futures

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!