2024

Solana

Starknet

Smog

<p><span style="font-weight: 400;">The Starknet price plunged 14% in the last 24 hours </span><a href="https://coinmarketcap.com/currencies/starknet-token/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">to trade at $2.054</span></a><span style="font-weight: 400;"> as of 00:04 a.m. EST on trading volume that surged 112% to $1.6 billion.</span></p>
<p><span style="font-weight: 400;">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.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Over 220 million STRK claimed!</p>
 <p>Source: <a href="https://twitter.com/_token_flow?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@_token_flow</a> <a href="https://t.co/IoDOZQFJ8W" rel="noopener noreferrer nofollow">pic.twitter.com/IoDOZQFJ8W</a></p>
 <p>— Starknet 🦇🔊 (@Starknet) <a href="https://twitter.com/Starknet/status/1760032120934924595?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 20, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">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.</span></p>
<p><span style="font-weight: 400;">As the project anticipates many more features set to change the decentralized future, can the price bounce back?</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Starknet is preparing for a decentralized future – today marks a giant leap in that direction.</p>
 <p>Over the past 12 months, the <a href="https://twitter.com/Starknet?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Starknet</a> community has laid the groundwork for today’s milestone.</p>
 <p>The huge efforts around regenesis, the release of Cairo 1.0, the improved network… <a href="https://t.co/GCsCXZHPrY" rel="noopener noreferrer nofollow">pic.twitter.com/GCsCXZHPrY</a></p>
 <p>— Nethermind Starknet (@NethermindStark) <a href="https://twitter.com/NethermindStark/status/1760046772129575033?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 20, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="span-style-font-weight-400-straknet-price-bullish-as-it-trades-above-the-falling-wedge-pattern-span"><span style="font-weight: 400;">Straknet Price Bullish As It Trades Above The Falling Wedge Pattern</span></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="https://insidebitcoins.com/wp-content/uploads/2024/02/STRKUSDT_2024-02-21_08-04-32.png" alt="Starknet Price Chart Analysis Source: Tradingview.com" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/STRKUSDT_2024-02-21_08-04-32.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/02/STRKUSDT_2024-02-21_08-04-32-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/STRKUSDT_2024-02-21_08-04-32-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/STRKUSDT_2024-02-21_08-04-32-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px">
 <figcaption id="caption-attachment-482358" class="wp-caption-text">
  STRKUSD Chart Analysis Source: Tradingview.com
 </figcaption>
</figure>
<p><span style="font-weight: 400;">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.</span></p>
<p><span style="font-weight: 400;">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.</span></p>
<p><span style="font-weight: 400;">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.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-482359" src="https://insidebitcoins.com/wp-content/uploads/2024/02/STRK-MACD.png" alt="STRK MACD" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/STRK-MACD.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/02/STRK-MACD-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/STRK-MACD-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/STRK-MACD-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px"></p>
<p><span style="font-weight: 400;">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.</span></p>
<h2 id="span-style-font-weight-400-starknet-price-prediction-span"><span style="font-weight: 400;">Starknet Price Prediction</span></h2>
<p><span style="font-weight: 400;">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.</span></p>
<p><span style="font-weight: 400;">However, if the bears sustain a price retrace, the price may go further down to the next support level at $1.8.</span></p>
<p><span style="font-weight: 400;">Meanwhile, Smog offers another opportunity for investors looking for the biggest airdrop ever, and analysts say it has the potential for 100x gains.</span></p>
<h2 id="span-style-font-weight-400-smog-surges-70-in-a-week-biggest-airdrop-ever-incoming-span"><span style="font-weight: 400;">$SMOG Surges 70% In A Week, Biggest Airdrop Ever Incoming</span></h2>
<p><a href="https://insidebitcoins.com/visit/smog" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Smog</span></a><span style="font-weight: 400;">, 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.</span></p>
<p><span style="font-weight: 400;">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.</span></p>
<p><span style="font-weight: 400;">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.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">One <a href="https://twitter.com/hashtag/Memecoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Memecoin</a> to rule them all! 🚀</p>
 <p>Get ready for the greatest <a href="https://twitter.com/hashtag/Airdrop?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Airdrop</a> in history, distributed on <a href="https://twitter.com/hashtag/Solana?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Solana</a>. 💰</p>
 <p>Join <a href="https://twitter.com/hashtag/SMOG?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SMOG</a> on Zealy! 🔥</p>
 <p>Link in Bio 🔗 <a href="https://t.co/vsn4p5cSF4" rel="noopener noreferrer nofollow">pic.twitter.com/vsn4p5cSF4</a></p>
 <p>— SMOG (@SMOGToken) <a href="https://twitter.com/SMOGToken/status/1755713179798081568?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 8, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">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.</span></p>
<h2 id="span-style-font-weight-400-buy-smog-now-receive-the-next-big-giveaway-span"><span style="font-weight: 400;">Buy $SMOG Now, Receive The Next Big Giveaway</span></h2>
<p><span style="font-weight: 400;">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.</span></p>
<p><span style="font-weight: 400;">You can also earn passive income through </span><a href="https://insidebitcoins.com/visit/smog" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Smog’s staking protocol</span></a><span style="font-weight: 400;">, which earns you 42% in annual rewards.</span></p>
<p><span style="font-weight: 400;">Crypto analyst and YouTuber Jacob Bury believes that SMOG still has the potential to surge another 100X.</span></p>
<p><iframe title="SMOG Meme Coin Price Prediction | Low CAP 100x Crypto Gem?!" width="640" height="360" src="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></p>
<p><span style="font-weight: 400;">You can buy the SMOG token on </span><a href="https://insidebitcoins.com/visit/smog" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">its official website</span></a><span style="font-weight: 400;"> to be eligible for the historic airdrop soon.</span></p>
<h2 id="span-style-font-weight-400-related-news-span"><span style="font-weight: 400;">Related News</span></h2>
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Starknet Price Prediction: STRK Plunges 14% Despite Huge Airdrop, While New Solana Meme Coin Smog Skyrockets 70% Ahead Of Biggest Ever Airdr...

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