Attention, crypto enthusiasts! While much of the market searches for direction, Starknet’s STRK token has ignited its boosters, staging an impressive 78% rally over the last month. What's behind this explosion? An explosive mix of massive accumulation by "whales" and institutional investments that are injecting new life into this Ethereum Layer-2 solution.
This is no ordinary movement. It’s a dance between the power of large investors and Starknet’s promising technology. But in such a volatile market, the million-dollar question is: Is this the moment to ride the wave or to protect your position before a potential correction?
The Market Pulse: The Fury of STRK
The last 24 hours have been a microcosm of this euphoria. STRK registered a 4.2% jump, driven by a $3 million inflow into spot markets. According to CoinEdition data, buyers didn't hesitate: they reacted immediately, fiercely defending the key breakout zone at $0.216. That's conviction!
But what’s truly generating buzz on social media, especially on "X" (formerly Twitter), is the activity of the "whales." These market giants have been accumulating discreetly, opening long positions from as low as $0.14. Imagine the profits they are currently harvesting!
A recent post from DEXWireNews perfectly sums it up: a 78% rally in a single month. A figure like that is impossible to ignore! The attention of serious investors is now firmly fixed on STRK.