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EXCAVO
Feb 27, 2024 9:15 AM

StarkNET Long

STRK / TetherUSBinance

Description

Starknet 1 of the 3 largest and expected airdrop 95% already claimed.

Marketcap 1. 3bn
In April, they first unlocked 20% of the circulation then the Team changed the tokenomics
Now monthly small unlocks until 2027
Airdropers could sell STRK at $3.
Starknet is probably the main L2 right now. It's not EVM compliant.
The project is focused on the fact that the project will be super productive.
The only L2 where the token is burned is utilities.
Fundraising 225 million dollars

Psychology and Attitude towards the project

-Drophunters - they have waited a long time to sell and few people will buy this project lower

-Those who didn't get the airdrop - they hate the project and won't buy it for sure


-Those who hear the above two categories of people do not enter the project assessing its capitalization and heath from others

- Then some bought tokens from all the airdroppers. 




The conclusion of the project in the zone of near-hate for me, is a green flag. Why?
This happened with SEI gave out a drop of a few dollars and then the project made 10x+.

NEON was disappointed with its market entry and then did 30x after that

At the moment of maximum hate, there are few token holders and no pressure on the order book = it is easy to move up, having made 100% few people will buy thinking that the project is overvalued. And for those who made 100% fix profit and growth becomes even easier.



TVL is growing
People don't want to look at old projects as I wrote in the


People always look at new narratives, 2020-2021 coins are already taking a back seat to the new projects

Now this is one of the new projects to look at you can expect a project in the top 40 on coinmarketcap with a price of only 5$. To begin with, we have to get out of the buildup I've shown on the chart.


Best regards EXCAVO

Comments
hashemimohammad6666
tnx to share .
I always read your posts
even the olds ones .
I've learn so much from you . tnx about that .🙏🙏🙏
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