Home deFi Starknet’s $2 Billion Airdrop Is Crypto’s Largest But

Starknet’s $2 Billion Airdrop Is Crypto’s Largest But

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Starknet’s $2 Billion Airdrop Is Crypto’s Largest But

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With STRK initially buying and selling at a completely diluted valuation of $30 billion, the worth of the airdropped tokens on launch day surpassed Arbitrum’s $1.5 billion.

Ethereum Layer 2 community Starknet launched its long-awaited token yesterday with an airdrop of 700 million STRK for builders and early customers.

STRK debuted above $3, valuing the challenge above $30 billion on a completely diluted foundation and placing the worth of the airdrop at $2.1 billion – the biggest in crypto historical past.

STRK Price chart
STRK Value

The report was beforehand held by Arbitrum, the main Layer 2 with $12.4 billion in complete worth locked (TVL). ARB launched at a completely diluted valuation (FDV) of $13 billion, valuing its airdrop at $1.5 billion.