Wow, STRK is going solo!
StarkWare’s leadership says it will evaluate turning Starknet into an independent post-quantum L1 blockchain instead of an Ethereum L2. The news sent it up 23%, with $207K in net large-order buying and the RSI surging to 92.
But 163 million tokens unlock on October 15—just 7 days away! That’s 1.61% of the total supply. Pumping the price right before an unlock: a classic play. The RSI has already fallen from 92 to 74, so a pullback is likely.
Wait for a dip before entering, and stay away during the week before the unlock.
#Starknet #L1Transition
$STRK
StarkWare’s leadership says it will evaluate turning Starknet into an independent post-quantum L1 blockchain instead of an Ethereum L2. The news sent it up 23%, with $207K in net large-order buying and the RSI surging to 92.
But 163 million tokens unlock on October 15—just 7 days away! That’s 1.61% of the total supply. Pumping the price right before an unlock: a classic play. The RSI has already fallen from 92 to 74, so a pullback is likely.
Wait for a dip before entering, and stay away during the week before the unlock.
#Starknet #L1Transition
$STRK