Ethereum-based altcoin Starknet (STRK), which has started to distribute its long-awaited airdrop, will be listed on many exchanges.
While many leading cryptocurrency exchanges such as Binance, Kucoin and Bybit announced listings for STRK, the price increased.
“Binance will list Starknet (STRK) with the seed tag and will initiate trading for these spot trading pairs at 13:00 (UTC) on 02/20/2024.
New Spot Trading Pairs: STRK/BTC, STRK/USDT, STRK/FDUSD and STRK/TRY.”
STRK, which rose above $7 with stock exchange listings, is currently at $3.23.
While STRK rose above $5 after being listed on Kucoin, the price exceeded $7 after Bybit listing.
While STRK was off to a good start, Binance also announced a STRK airdrop. At this point, Binance announced that it also distributed STRK tokens to users who stake Ethereum on the exchange. Binance sent a total of 10 million 178 thousand STRK tokens to qualifying accounts.
“Binance Earn has completed the Starknet (STRK) distribution plan for eligible Binance ETH Staking users. Users can verify receipt of these tokens in the Airdrop Portal.”
As you may remember, the Starknet Foundation announced that it would distribute STRK tokens to approximately 1.3 million eligible wallets. In the statement, it was stated that this airdrop distribution included the first users of ecosystem dapps, network contributors, Ethereum creators and open source developers from outside web3.
Sharing from account X, Starknet Foundation said, “It will distribute more than 700 million STRK to approximately 1.3 million addresses. “This is a part of the 900 million STRK allocated,” he said.
*This is not investment advice.