STRK Airdrop Makes a Comeback With Hopes of Price Rally

STRK airdrop has made a comeback with Voyager, a Starknet blockchain explorer, releasing its data dashboard. In a post on social media platform X, the block explorer made the STRK airdrop data dashboard page available, indicating that the airdrop is almost here.

Voyager’s STRK Airdrop to happen soon

The STRK airdrop data dashboard page was made public by Starknet blockchain explorer Voyager. The web page now indicates that the airdrop will be soon announced, sparking positive hopes among users. However, it did not disclose details about an expected date or timeline, keeping the trajectory speculative. By fostering trust and community involvement, this transparency sets a favorable tone for future developments in the Starknet ecosystem.

Bookmark this page 🐺https://t.co/NeEWzlAC7ohttps://t.co/NeEWzlAC7o

— Voyager | Starknet explorer (@0xvoyageronline) February 10, 2024

The airdrop comes right after StarkWare had previously made its intentions public on managing the STRK inflation. StarkWare has called for increasing the overall supply of STRK at a pace of up to 4% annually. With previous airdrops, The Starknet Foundation has considered possible network rebate exercises to be a significant step in the right direction, particularly in terms of appreciating and empowering its user base. An effort to gauge the user base into a reliable and trustworthy relationship is shown by the current airdrop.

Will STRK Price Rally?

A post-ICO airdrop has become a widely accepted norm in the crypto community. The practice gives away free cryptocurrency tokens or coins to users’ digital wallets to support a project. To swiftly attract community attention, cryptocurrency startups employ this technique. This has made airdrops one of the most widely used marketing tactics.

Historically, token prices have surged significantly after an airdrop has been announced. A recent example of this was when within two days of its release, MAVIA had a sharp 33% price increase that propelled it to $4.0. The spike occurred when Heroes of Mavia distributed it via airdrop to 100,000 players and holders of 10,000 Ethereum non-fungible token (NFT) land plots within the game.

With the airdrop and a consistent effort to increase market value, the token price for STRK is likely to ascend in the future. According to CoinMarketCap, Strike Coin’s price is predicted to rise considerably more in 2024, possibly to $41.97 or more.

STRK price today

After the announcement of the airdrop by Voyager, the STRK token reversed its course to inch higher. At the time of writing, the token trades at $11.96, being up nearly 1% in the last 24 hours. The market cap of STRK has also risen nearly 1.18% to $53,460,476. However, trading volumes for the token have taken a hit, plunging nearly 25% to $1,774,038 as compared to the same time last day.

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.