In May 2022 Starknet successfully raised $100 million in their series D funding which valued the project at approximately $8 billion. While the exact current valuation is uncertain, it is likely to be around this figure. Therefore it is unlikely that the release of their token to the market will result in life changing gains for immediate buyers in the short to medium term.
However, Starknet is a very highly promising project with solid fundamentals. It possesses numerous credentials that suggest it will be a major success in the long run. The team behind Starknet is experienced, capable, and supported by top advisers. Their technology is efficient and already powering impressive decentralized applications like the DEX - ApeX. The StarkNet ecosystem is still in its early stages, but it has attracted many talented teams and individuals who are actively contributing to its growth and developing new tools. Additionally StarkNet's use of SNARKs technology gives it a competitive advantage over its closest competitors.
Another noteworthy aspect is the 4-year lock-up period for core contributors and investors, who account for 50% of the token supply. This demonstrates StarkNet's commitment to long-term dominance and stability.
Now for a game plan to buy $STRK tokens.. Considering the anticipated high valuation upon listing, I think a good strategy to accumulate $STRK tokens would be to wait for its likely airdrop release. This event will likely generate lots of sell pressure creating a dip in the token's price. Taking advantage of this opportunity in declining price is where I would deploy a DCA strategy to accumulate for the long-term. Show Less
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