What Will Be the Initial Release Price of the Soon-to-be-Released Starknet (STRK)? Here is the Forecast

Cryptocurrency researcher Thor Hartvigsen shared his views on the upcoming launch of the Starknet ($STRK) token, which will be released on February 20. Since the token is not traded on any pre-market platform, it becomes difficult to estimate its initial valuation.

Hartvigsen referenced the Fully Diluted Valuation (FDV) of other Tier 2 products for comparison:

• Arbitrum (ARB): $20.5 billion
• Optimism (OP): $16 billion
• Immutable X (IMX): $6 billion
• Moonbeam (MNT): $4.3 billion
• Metis (METIS): $900 million

Given Starknet's relatively low Total Locked Value (TVL) of $50 million, Hartvigsen suggests that a realistic Fully Diluted Valuation for Starknet could be in the range of $3-6 billion. The fact that $STRK has a staking feature could also lead to a price premium, according to the expert.

With a total supply of 10 billion tokens, this could correspond to a price of $0.3-0.6 per $STRK token, according to Hartvigsen. Additionally, 9% of the total supply will be airdropped to users, which could mean around $300-600 million.

*This is not investment advice.