At the end of last year and especially in the first period of this year, airdrops created a huge buzz and made new millionaires one after another. The airdrop method, commonly used in cryptocurrencies, has become increasingly popular, paving the way for projects to reward their early participants, developers, and network users. In this context, many projects achieved good results and made a big impact when they emerged. However, one of them turned out to be a complete disappointment.
Resignation at Starknet
An airdrop that took place in the first quarter of 2024, which was expected to be the largest in history, ended up being a fiasco for most users. The Starknet airdrop, which resulted in disappointment for many users, quickly lost attention following a significant decline in the network and its native token.
Today, a significant development occurred, and according to information that emerged minutes ago, Starknet CEO Diego Oliva resigned from his position. The news quickly spread in the cryptocurrency world, and attention turned to Starknet’s native token (STRK).
What is Starknet’s Price?
Following the news, it was observed that the STRK price rose by 5.57% in the last 24 hours, reaching $0.3807. Consequently, the market cap increased to $616.6 million, representing a noticeable rise. However, looking back, the early-stage STRK price had reached $3.66, reflecting an 89.5% drop since then.
On the other hand, the trading volume of STRK fell by 48%, dropping to $98 million, which could be interpreted as sellers being exhausted following the deep decline in the market yesterday.
Following the news, it seems that the curiosity about who will be the new CEO of the Starknet Foundation will continue.
