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Starknet - News Analyzed: 100

⇑ Starknet Dazzles the Crypto Market with Innovative Updates and Whopping Gains Amid Bearish Trend

Starknet Dazzles the Crypto Market with Innovative Updates and Whopping Gains Amid Bearish Trend
Starknet (STRK) and Mpeppe (MPEPE) have outperformed Ethereum (ETH) and produced significant gains in the current bearish market. The top cryptocurrencies showed robust performance, with STRK gaining 15% in the past week and ETH whales turning a $15,000 investment into $150,000 with both crypto assets. Cartridge has developed Starknet-based tools for building fully on-chain games, while Snapshot is taking their DAO voting platform on-chain with Starknet. Starknet is significantly improving token counting by ditching off-chain polling. Despite a 3% fall amid overall market surges, STRK experienced an 11% surge indicating its independence from general altcoin trends. To support gas-free on-chain voting, Snapshot X has integrated with Starknet. Starknet's community governance vote and minting will be executed using their new gasless governance protocols. Ethereum investors are now particularly interested in Starknet and Mpeppe, generating an uptick in $120M trading volume. A long-term investment plan by ETH whales includes adding STRK and MPEPE. Starknet's upgrade features parallel transaction execution on its testnet, prompting a 23% rise in STRK. Further, Starknet plans to open staking by the end of 2024. Meanwhile, CHainlink data feeds are now live on Starknet, accelerating DeFi development. Starknet continues with its incremental plans for staking its L2 network and even plans to mimic Solana's speed feature with 'Parallel Execution'. Significant investments from ETH whales and the potential for 1000X returns keep STRK and MPEPE in the spotlight.

Starknet News Analytics from Wed, 14 Feb 2024 08:00:00 GMT to Wed, 11 Sep 2024 21:44:11 GMT - Rating 8 - Innovation 9 - Information 10 - Rumor 5

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