#strkrisesabout20%in24hours 🚨 STARKNET $STRK RISES 30%.. Is THIS GROWTH GOING TO CONTINUE? 🔥
While many parts of the crypto market are having a time Starknet ($STRK ) is getting attention jumping about 20 to 30 percent in 24 hours and getting close to $0.073.
But here is the problem: the main reason for the rise could also be the danger. 👀
⚡ Why is STRK going up?
🔹 Plans to become a Layer-1: StarkWare is thinking about moving from Ethereum Layer 2 to a Layer 1 blockchain.
🔹 Talk about being safe from computing: Starknet is working on big improvements for security against quantum threats maybe by 2027.
🔹 trading on futures: The amount of perpetual futures trading is said to be more than four times the spot trading, which means leverage is making the move bigger.
⚠️ Three dangers that traders should not forget:
📉 much leverage can cause a quick crash.
📊 Growth of the network and total value locked are still not increasing much.
🔓 A release of 127 million tokens on October 15 might create more selling.
🎯 What to watch: Can STRK keep its rise with buying or will people who used leverage get hurt if the momentum stops?
Keep in mind a good story does not always mean the price will stay up.
💬 Your choice: Are you confident, in STRKs plans to be a Layer-1 buying the rise or waiting for a drop?
#Khan62 #strk #crypto #altcoins $STRK $ARB
While many parts of the crypto market are having a time Starknet ($STRK ) is getting attention jumping about 20 to 30 percent in 24 hours and getting close to $0.073.
But here is the problem: the main reason for the rise could also be the danger. 👀
⚡ Why is STRK going up?
🔹 Plans to become a Layer-1: StarkWare is thinking about moving from Ethereum Layer 2 to a Layer 1 blockchain.
🔹 Talk about being safe from computing: Starknet is working on big improvements for security against quantum threats maybe by 2027.
🔹 trading on futures: The amount of perpetual futures trading is said to be more than four times the spot trading, which means leverage is making the move bigger.
⚠️ Three dangers that traders should not forget:
📉 much leverage can cause a quick crash.
📊 Growth of the network and total value locked are still not increasing much.
🔓 A release of 127 million tokens on October 15 might create more selling.
🎯 What to watch: Can STRK keep its rise with buying or will people who used leverage get hurt if the momentum stops?
Keep in mind a good story does not always mean the price will stay up.
💬 Your choice: Are you confident, in STRKs plans to be a Layer-1 buying the rise or waiting for a drop?
#Khan62 #strk #crypto #altcoins $STRK $ARB