Chill Guy is a viral meme illustration that took social media by storm before a crypto project used the meme to launch a Solana-based token. Learn more here.

What started as a simple illustration of a laid-back dog has become a global meme sensation, with the cartoon character known as Chill Guy dominating both social media trends and cryptocurrency markets. Created by artist Phillip Banks in October 2023, the easygoing canine character sparked a viral movement that has attracted major brands worldwide.

This article follows Chill Guy’s transformation from a social media sensation to a cryptocurrency asset. We'll examine its viral beginnings, community growth, market impact and what potential investors can expect from CHILLGUY in the future.

 is a viral meme illustration by artist Phillip Banks, depicting a laid-back dog in casual clothes whose easygoing attitude took social media by storm before a crypto project used the meme to launch Just a Chill Guy as a Solana-based token.

What Does Just a Chill Guy Aim to Achieve?

The CHILLGUY meme coin aims to spread a "Why worry?" philosophy into cryptocurrency markets by embracing the laid-back, stress-free attitude that made the original meme go viral. The project transforms this easygoing vibe into a community-driven token, where being low-key isn't just a catchphrase — it's a shared mindset among holders.

The CHILLGUY community brings this philosophy to life by sharing endless variations of the CHILLGUY meme across social platforms. Through market swings and viral trends, CHILLGUY keeps his iconic pose: hands in pockets, subtle smirk, perpetually relaxed.

Just a Chill Guy (CHILLGUY) operates as a Solana Program Library (SPL) token on the 

 blockchain, leveraging the network's ultrafast speeds and low costs to ensure smooth trading. The token was created using Pump.fun, a specialized platform that lets users launch Solana-based tokens without any fees, removing traditional barriers to token creation.

CHILLGUY is a community takeover (CTO), meaning it's completely owned and directed by its token holders with no central team in control. This decentralized structure ensures the project stays true to its community-driven nature, its holders collectively guiding its future while embodying the laid-back spirit of the original meme.

The CHILLGUY token launched with a maximum supply of 1 billion tokens, of which 999,965,435 are currently in circulation. This near-complete distribution of tokens to the market supports active trading and community participation.

What makes CHILLGUY's tokenomics particularly notable is its widespread distribution across more than 142,000 unique holders (as of Nov 27, 2024), achieved in just 12 days. This rapid expansion of its holder base demonstrates strong community adoption and aligns with the project's decentralized, community-driven principles.

CHILLGUY has exploded across social media, especially on TikTok, where the meme has amassed hundreds of millions of views. Its laid-back character resonates with users worldwide, inspiring countless creative adaptations.

Major brands worldwide have embraced CHILLGUY in their marketing campaigns. From Sprite Europe to NFL on CBS, the character has resonated across mainstream media, even catching the attention of global figures like El Salvador's president Nayib Bukele.

The “Chill Guy” meme’s influence spans multiple social media platforms, with a growing community of followers: 96.6K on X (

). On the other hand, the meme token itself also has a vast community, with 39.9K on X (

) and an active Telegram channel of over 15,000 members. These numbers reflect the meme's ability to engage audiences across different platforms.

The token's popularity in cryptocurrency markets matches its social media success, with CHILLGUY maintaining a substantial 24-hour trading volume of over $330.03M as of Nov 27, 2024. This high trading activity demonstrates the strong market interest in CHILLGUY beyond its meme status.

Looking to trade Just a Chill Guy tokens? Bybit now offers the CHILLGUY/USDT Spot trading pair and CHILLGUYUSDT Perpetual contract. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

While CHILLGUY has maintained strong trading volumes and continues gaining mainstream attention through its viral social media presence, investors should carefully weigh its strengths and risk factors before making investment decisions.

With its widespread brand adoption, sustained trading activity and explosive community growth of over 142,000 holders, CHILLGUY demonstrates significant market potential. However, meme coins are inherently volatile. Potential investors should 

 and invest no more than they can afford to lose.

CHILLGUY is the latest viral sensation to harness the power of the attention economy to convert social media momentum into crypto market success. While CHILLGUY has already demonstrated its ability to capture mass appeal, its position as a leading meme token will depend upon how effectively it maintains its cultural relevance and community engagement in this fast-moving market.

Intermediate

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Just a Chill Guy (CHILLGUY): Embracing the Art of Nonchalance

Zircuit (ZRC) combines optimistic and ZK rollups with AI-driven security, offering fast, low-cost Ethereum Layer 2 solutions. 

 network has flourished, mainly due to the ongoing network congestion, high fees and poor scalability of the latter. Many of these platforms use rollup technology, whereby batches of multiple transactions processed off-chain are bundled together and posted in bulk to the underlying Layer 1. Ethereum-linked rollups mainly come in two varieties 

 (ZK). While optimistic rollups boast lower computational overhead, the ZK variety of these networks features a higher degree of security.

Zircuit (ZRC) is a Layer 2 chain that adopts a hybrid approach, combining the elements of optimistic and 

. This lets the platform offer the performance benefits of optimistic technology along with the security of ZK validity proofs. To further enhance overall security, Zircuit uses a unique 

 (AI)–driven system of monitoring for malicious transactions.

 (ZRC) is a hybrid Layer 2 blockchain that combines the features of optimistic and ZK rollups, and uses AI-driven monitoring for potentially harmful transactions. 

 rollup development technology, a popular framework for building optimistic rollup networks. Additionally, it uses zero-knowledge proofs, which lets the platform offer the best of both worlds 

 the performance benefits of optimistic rollups and the security of ZK technology. Zircuit is 

The Zircuit project takes security very seriously, and has introduced a unique system of AI-based protection against malicious transactions at the sequencer node level. The use of ZK proofs and an AI-based protection system make Zircuit one of the most secure platforms in the competitive world of Ethereum Layer 2 chains.

Along with its excellent security benefits, Zircuit also boasts low costs, fast transactions, excellent scalability and 2-second block production intervals. All these features make it an ideal environment for 

 (DApps) in various niches, particularly 

 (DeFi). In fact, the leading protocols within the Zircuit ecosystem are all dedicated to the finance niche, with Zircuit Staking being the largest application by TVL.

With its heavy focus on DeFi, Zircuit aims to become a leading liquidity hub for various token types within the sector, including 

. These assets can be staked through the Zircuit staking program — supported by the platform's Liquidity Hub — to earn staking APRs, airdrop rewards and points based on the Zircuit Point program (covered further in our article).

The platform also operates a secure native bridging solution, 

, to help users transfer assets between its Layer 2 network and Ethereum Layer 1.

The company behind the project, Zircuit Ltd., was founded in 2021 in Canada by Dr. Martin Derka, Jan Gorzny and Angel Xu. Zircuit's testnet was launched in November 2023, but made headlines in April 2024 when the project reported that its 

 (TVL) had soared past $2 billion. While testnet TVLs are more a gauge of future potential for a blockchain than an indicator of its existing worth, the news attracted the attention of industry observers toward the platform. Following its highly publicized testnet success, Zircuit launched the first phase of its mainnet in August 2024. This was followed by the launch of the platform's native token, ZRC, in November 2024.

As a typical rollup, Zircuit uses an off-chain sequencer node to batch and organize Layer 2 transactions for subsequent posting to the underlying Ethereum Layer 1. The batches have ZK validity proofs attached to them to signal to Layer 1 validators that they’re free from fraudulent transactions. Zircuit's architecture also includes prover nodes, whose job is to produce these validity proofs.

However, unlike other rollups using ZK proofs (also known as validity proofs), Zircuit doesn't generate validity proofs for every block of transactions. Instead, some blocks have pre-generated template proofs, while others go through the process of having a dedicated validity proof created for them. After a few blocks featuring validity proofs, there are several more that utilize template proofs. The image below illustrates this approach.

The key reason Zircuit has adopted this form of proof design is that the process of generating ZK proofs is computationally intensive. By using template proofs for some of the blocks in a sequence, Zircuit can reduce the overall computational overhead. However, the project’s team has stated that the template proof model is temporary, and will be phased out in the future. At that stage, the platform will move to generating ZK proofs for each block.

Zircuit features a highly modular design whereby provers — responsible for generating validity proofs on the platform — can easily be plugged into or removed from the network. This modular approach is distinct from the standard ZK rollup design, in which provers are more tightly and less flexibly integrated into the overall architecture.

As noted earlier, Zircuit uses a dedicated sequencer to organize and batch transactions into blocks. The platform also applies AI-driven monitoring at the sequencer level (the Sequencer Level Security, or SLS) to spot and exclude fraudulent transactions before they’re finalized on Layer 2.

When transactions are first posted to Zircuit, they enter the 

 — a temporary area from which the sequencer picks and organizes individual transactions into blocks. The mempool is being monitored at all times, using AI algorithms to identify suspicious transactions. If a transaction in the mempool raises a flag, it's quarantined and assessed for validity before the sequencer can include it in a block. The image below shows how this process works.

One of the distinct features of Zircuit is its hybrid architecture, which combines the properties of optimistic and ZK rollups. At the base level, Zircuit is built using Optimism's Bedrock development framework, a technology popular for optimistic rollup networks. However, the use of ZK proofs — or, to be more precise, a combination of validity proofs and template proofs — ensures that Zircuit enjoys a security level that standard optimistic rollups normally can't match.

The use of AI-based SLS provides robust security to Zircuit, complementing the already highly secure ZK proof system. Very few Layer 2 networks in the industry currently feature anything similar, making the platform a true pioneer of AI use for sequencer-level operations.

Like any rollup based on Optimism Bedrock, Zircuit enjoys EVM compatibility. This allows for smooth interoperability with the underlying Ethereum Layer 1. EVM compatibility also makes it easy for developers familiar with Ethereum’s environment to develop Zircuit-based DApps, or to port existing Ethereum applications to the platform. Developers can take advantage of technologies commonly used for Ethereum (e.g., the Solidity programming language and the Hardhat development framework) to build Zircuit applications and smart contracts.

Zircuit Bridge is a native bridging solution designed to easily transfer tokens between Ethereum and Zircuit. It boasts high security, low transaction fees and fast transfers, and allows users to move a variety of cryptocurrencies between Ethereum and Zircuit, including ETH, 

) and LRTs like Super Symbiotic LRT (weETHs). As of late November 2024, the total number of cryptos supported by the bridge is close to 30.

Zircuit has launched a reward program called Zircuit Points. Users can earn these Points by staking supported assets, and by participating in the Build to Earn initiative (more on this below). Accumulated points will be converted to ZRC tokens in the future. Points also create the opportunity to qualify for token airdrops.

The primary way for most users to earn Zircuit points is via 

. The Zircuit Staking program lets you stake LSTs, LRTs, popular stablecoins, some wrapped tokens and Ether (ETH) to earn points. Using LSTs and LRTs, you can earn yields (along with native Zircuit staking APRs and Points) from the respective staking and restaking platforms that issue these assets.

Zircuit Points earned via staking have different multipliers, depending upon the asset. For example, Ether has a multiplier of 0.5, while LSTs, LRTs and stablecoins have a multiplier of 1. Multipliers for different LST and LRT assets may be subject to change in the future.

Build to Earn is another way to qualify for Zircuit Points. The program allows developers to contribute to the Zircuit ecosystem and earn Points in a number of ways, including:

Launched in November 2024, ZRC is the platform's native cryptocurrency. It's an 

 asset deployed on both Zircuit and Ethereum Layer 1. ZRC is mainly used for reward distributions, and participation in token airdrops for ecosystem DApps. Currently, transaction fees on the network are paid in Ether. It's possible that, in the future, ZRC might be used for some transaction fee payments.

ZRC is also used for rewards under the Gas Rebate program. As users conduct transactions on the platform, they 

. Zircuit’s Gas Rebate program provides rebates to offset some of the incurred fees. The amount of ZRC earned as a rebate is proportional to the amount spent on gas in ETH; the project's documentation states that for each ETH spent on gas, the user earns 125% in ZRC. All kinds of gas fee payments qualify for the rebate, including ordinary asset transfers and transactions involving interaction with Zircuit DApps.

ZRC is a supply-capped token, with a maximum and total supply of 10 billion. The token's supply allocation shares are as follows:

The ZRC token is available on Bybit's Spot market as a swap pair with USDT (

 to grab a share of the 5 million ZRC prize pool. New users who sign up for a Bybit account and complete identity verification can earn ZRC rewards by accumulating a deposit volume of at least 2,000 ZRC, or by depositing 100 USDT and trading 100 USDT worth of ZRC via their first trade with Bybit. 

Meanwhile, existing users can qualify for ZRC rewards by trading at least 500 USDT worth of ZRC on the Bybit Spot market, with the possibility of earning up to 10,000 ZRC based on trading volume. The 

 event will run through Dec 10, 2024, 8:59AM UTC.

Zircuit is among the pioneering Layer 2 platforms to adopt a hybrid design for a rollup network. Thanks to the platform's architecture, users can take advantage of low transaction costs, fast transfers and great scalability while enjoying the benefits of high security delivered by ZK proofs and AI-driven mempool monitoring. AI-based monitoring for fraudulent transactions is a particularly notable feature of the platform and is undoubtedly among the most advanced technologies employed in the blockchain industry.

User security combined with faster and cheaper transactions for the Ethereum network — all in one package — is now feasible, thanks to Zircuit's innovative technology and unique approach!

Advanced

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What Is Zircuit (ZRC): Where Performance Meets Cutting-Edge Security

Bybit is celebrating its sixth anniversary with the #Super6Bybit event, offering a $1.2 million prize pool and focusing on its bbSOL token.

Daily Top Performer — Virtuals Protocol (VIRTUAL)

On Wednesday, the S&P 500 fell 0.38% as tech stocks dropped and inflation data reinforced a hawkish Fed outlook. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.40%, with Bitcoin and Ether dropping by 1.86% and 1.79%, respectively in the past 24 hours.

Today's top performer is VIRTUAL, which surged 53.6% following the launch of the $MUSIC token by Agentstarter, featuring AI-driven music video capabilities and community-focused tokenomics.

Virtuals Protocol (VIRTUAL), founded in 2021, allows users to invest in and co-own AI-driven virtual assets like companions and influencers. Its model fosters community ownership, transforming AI agents into revenue-generating assets across platforms like Roblox and TikTok. The platform attracts contributors from AI and gaming to drive innovation in virtual economies. 

, using AI to create music videos and offering features like animated videos, voice mimicry, and karaoke tracks. The tokenomics allocate 60% for airdrops, 20% for liquidity, and 10% each for the development team and Virtuals Protocol.

Check Out the Latest Prices, Charts, and Data of 

Bybit is celebrating its sixth anniversary with the 

, offering a $1.2 million prize pool and focusing on its bbSOL token. Launched in September 2024, bbSOL is the first exchange-backed Liquid Staking Token on Solana, providing liquidity and staking rewards. The campaign, running from November 28, 2024, to January 6, 2025, invites participants to build, transform, and supercharge their bbSOL through tasks, leaderboards, and community milestones, increasing rewards. The event combines gaming mechanics, community engagement, and opportunities to win prizes while promoting innovation and growth in the crypto space.

Yesterday, there were no flows in BTC Spot ETFs, including GBTC and non-GBTC categories.

. Stake BNB on Lista's portal to get slisBNB, then deposit it into Astherus to earn airdrop points with multipliers (3X for Lista, 1.15X for Astherus). No lockup is required, and slisBNB is the most efficient option.

Beginner

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Bybit Celebrates 6th Anniversary with $1.2M Prize Pool and bbSOL Supercharging Campaign

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, and futures, options and perpetual contracts.

ETH has outperformed, bolstered by SEC Chair Gary Gensler's announcement of his Jan 20, 2025 departure, and suggested by growing open interest in ETH perpetual. This positive momentum extends to several large-cap altcoins previously scrutinized by the SEC, as indicated by bullish funding rates for long positions.

Please check out the report’s highlights.

ETH Open Interest Grows While BTC’s Declines

ETH is outperforming BTC following the announcement of SEC Chair Gary Gensler’s departure, as evidenced in perpetual swap markets. BTC open interest has decreased from last week's highs, while ETH contracts have increased. Additionally, ETH trade volumes constitute a larger share of daily trading as compared to much of the past six months, despite an overall dip in trade volumes this week. The gradual decline in BTC open interest, without a surge in trading activity, indicates a strategic repositioning, rather than a wave of liquidations.

BTC Option Curve Inversion Deepens as Price Retreats

The pullback in the spot BTC price from the $100K target has led to a flat ATM volatility term structure, with short-tenor options dropping below 60%. 

This trend continues the correlation between term structure inversion and BTC spot price returns observed since the U.S. election on November 5, 2024

. The decline in front-end volatility aligns with lower realized volatility levels. While demand for short-tenor options has moderated, there hasn't been a notable change in open interest for calls or puts. Instead, their growth has stalled at the week's start.

Sentiment in ETH options markets seems moderately more bullish than in BTC's during the recent decline in momentum from the post-election rally. Call options lead in both trading volumes and open interest. 

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Nov 27, 2024): Signal on ETH Outperformance Against BTC Surfaces on Long-Term Contracts

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Starknet is an L2 Ethereum scaling solution that uses zero-knowledge rollups and STARK cryptographic proofs. Learn more about it in this article.

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As more and more people become interested in 

, many networks are realizing it can be hard to handle transactions securely and quickly. Starknet hopes to address this issue with a new scaling solution that improves transaction speed and lowers gas fees. How does Starknet work, and what makes it different from other scaling software? Explore this guide for all the details about the Starknet ecosystem.

 and STARK cryptographic proofs to create a faster and more reliable way of processing large batches of transactions.

 is the programming language used to design and operate Starknet. It's the first Turing-complete language focused on designing provable programs for general computation.

Starknet began when Eli Ben-Sasson and Uri Kolodny joined forces to tackle the problem of Ethereum’s limited 

. Along with input from several other blockchain and mathematics experts, they created STARK, a cryptographic proof with a lot of scaling potential. Initially, STARK was only available as paid software that business clients could use. However, the team eventually decided to create a permissionless version that was more accessible.

In 2021, they launched Starknet as the developer-friendly version of their software. Anyone can try it and explore the STARK technology. Starknet is currently run by a

. Its team includes math and science professors, along with people who have worked at other crypto companies, such as 

. This common phrase refers to a popular problem that blockchains face: all blockchain networks desire security, scalability and decentralization, but it's difficult to excel at more than two of these features.

So far, the Ethereum network has been able to create a system that’s sufficiently secure and decentralized. However, it can be pricey to use Ethereum when a lot of people are processing transactions on the network. By offering a third-party scaling solution, Starknet hopes to help people build on Ethereum while still enjoying fairly fast transaction times and low 

 blockchain on Ethereum. It increases Ethereum's scalability with zero-knowledge rollup technology. 

 allow Starknet to transmit the proof of a transaction’s validity to Ethereum without having to include all of the excess metadata and proving steps. Furthermore, all of these proofs are bundled into a "rollup" that’s sent to Ethereum as a single, efficient block. 

Starknet uses the following additional features to help its system run smoothly.

To provide clients with a secure and reliable system, Starknet uses 

 to verify transactions. This system relies on a mathematical function known as polylogarithmic verification, so it’s both secure and compact, enabling Starknet to process vital transactions quickly without sacrificing any security.

The Starknet sequencer helps to organize all transactions before they're processed. It starts by accepting a transaction from the 

 and performing a preliminary validation. Next, it executes the transaction to ensure it's valid on Ethereum. Once items run through the sequencer, they’re fully accepted on Starknet's Layer 2 chain.

The Starknet Prover uses STARK technology to turn sequencer proofs into fully valid blocks. All transaction proofs are bundled together into a single rollup, and then the Prover transfers the verification to the 

In addition to helping people process vital transactions on the Ethereum blockchain ecosystem, Starknet also offers many other helpful features to its community members.

Starknet provides support and promotional opportunities for developers who design systems that run on its service. Its 

, gaming, decentralized autonomous organizations (

) products. Interacting with these products can make it easier to get into the 

To help you interact with the blockchain ecosystem, Starknet includes several compatible 

 options. Clients can choose from multiple wallets with built-in Starknet capabilities and use them to automatically pay transaction fees or move assets to and from the Starknet system.

 tokens to and from Starknet. Tokens can move from the Starknet chain to Ethereum, and vice versa. This makes it easier to develop projects on Starknet and to access Ethereum features.

Though Starknet is mainly an Ethereum-compatible system, future contributions may include compatibility with other chains. The various bridges available on Starknet are the first step to increasing cross-chain communication. Through a variety of bridges and cross-chain exchanges, people can move tokens from other chains to or from the Starknet system.

Block Explorers, Indexers and Enhanced API

Explore Starknet transactions through its enhanced APIs. These features make it easy to check out metrics and see how the Starknet core infrastructure works. They're mostly designed for developers, but can also provide helpful analytic data for investors.

If you're interested in helping the Starknet Foundation, you can sign up to 

. This provides a valuable service to the blockchain ecosystem, in addition to giving you some helpful financial perks.

The Starknet Foundation will soon unveil the 

, a key initiative for distributing the Starknet Token (STRK) to its community members, who are at the forefront of developing and engaging with DApps that promise to revolutionize the digital landscape. STRK is central to the Starknet ecosystem, facilitating network fee payments, enabling user participation in staking and allowing governance decisions.

Starknet is set to distribute a substantial 1.8 billion STRK tokens through a combination of airdrops, rebates and incentives, aimed at both current and future DeFi participants. Via its official Provisions portal, Starknet sets a precedent as the first Layer 2 network to bear the gas costs for users claiming tokens, demonstrating its commitment to community engagement.

The Starknet Provisions Program embodies Starknet’s commitment to decentralization, transparency and inclusivity. By leveraging STARK cryptography, Starknet significantly enhances Ethereum's scalability and security. It offers the Cairo programming language for ease of DApp development and introduces 

 to simplify transactions, thus contributing to a rapidly expanding ecosystem of user-friendly DApps.

This initiative rewards those who have actively supported Starknet’s vision and principles, including contributors to Ethereum’s security, and the broader open-source software community. Their efforts are instrumental in advancing a more open, inclusive web, aligning with Starknet’s mission to democratize access to blockchain technology.

Announced by the Starknet Foundation, the Starknet Provisions Program signifies a strategic move to reward the network's community members and stakeholders for their ongoing contributions and engagement. 

Out of the 1.8 billion STRK tokens being airdropped, the Foundation has earmarked 900 million of them to acknowledge the contributions of its users and community members through its Starknet Provisions Program. 

In this first round, more than 700 million tokens will be distributed to close to 1.3 million addresses, making it one of the broadest distributions in a program of this kind. These tokens will be available for claiming on the Starknet Mainnet starting from Feb 20, 2024, 12PM UTC. 

Eligible participants will have a four-month post-launch window (until Jun 20, 2024) to claim their tokens. After this period, unclaimed tokens will be returned to the pool for redistribution in subsequent phases or initiatives.

Who Is Eligible to Claim the STRK Airdrop?

The Starknet Provisions Program aims to incentivize and recognize the diverse contributions that have supported Starknet's growth and development.

How to Check Eligibility and Claim STRK 

To check if you're eligible for the Starknet Provisions Program and to claim your STRK, visit the official 

: It's crucial to use this specific link and remain vigilant against fraudulent schemes.

Starting on Feb 20, 2024, 12PM UTC, you'll be able to claim STRK on the Starknet Mainnet via the Starknet Provisions Program. 

 that you'll require a Starknet wallet to claim your STRK through the portal. Ensure your Starknet wallet is updated to the latest version, and your account details are current.

Please also note that the Starknet Foundation will absorb all fees associated with claiming STRK through the official Provisions portal once the program launches on Feb 20, 2024.

Another 900 million tokens are allocated for rebates to offset transaction fees for users, with additional planning still in progress. Furthermore, Starknet plans to incentivize DeFi activities on its platform by allocating an additional 50 million STRK tokens, which will be distributed both directly and indirectly, including retroactive rewards for DeFi users on Starknet. The announcement has been met with enthusiasm from the Starknet community, who view it as a significant boost for the blockchain's ecosystem.

This move comes at a time when airdrops are increasingly being utilized by crypto and DeFi projects as a mechanism to expand their user bases and foster community loyalty. Starknet's growth is evidenced by its tenfold increase in total value locked (TVL) in May 2023, reaching over $10 million, and 

 to its current $54.54 million, showcasing the network's expanding influence and adoption within the DeFi space.

After completing its main goal of creating a zero-knowledge rollup system based on STARK, Starknet plans to improve its user experience. 

, Starknet is currently focusing on improving network stability. Next, it hopes to implement 

 protocols that will lower transaction fees. Future contributions suggested by the governing body also include plans to adjust fees further and address network congestion with a fee market.

Starknet's native crypto token, STRK, is used to pay transaction fees, allow community members to vote in the Starknet governing body, and assist with running the Early Community Member Program. STRK is an ERC-20 coin based on the Ethereum network, with a 

 of 10 billion tokens. The Starknet Foundation's 

 plans to distribute STRK in the following manner:

Looking to trade Starknet tokens? Bybit will soon offer the STRK/USDT Spot trading pair! To get started with trading, you’ll first need to 

, fund it with cryptocurrency and navigate to the STRK/USDT Spot trading page once it’s available.

STRK is a fairly promising new token to check out. It's backed by STARK technology and the Stark Foundation, which has already proven itself to be reliable. Since there’s a lot of excitement around the idea of letting individual developers access STARK technology for their projects, the Starknet ecosystem has done well so far. As long as Starknet continues to flourish, its token is likely to as well. It's been one of the most eagerly awaited crypto releases of early 2024, so you can expect to see quite a bit of hype surrounding this token.

However, don't forget that new cryptocurrencies are always volatile. There's some inherent uncertainty in these investments, so remain cautious and never invest more than you can afford to lose. Additionally, keep in mind that industry news may greatly affect STRK prices. You'll need to 

 and carefully monitor token prices to get the best outcome.

Starknet's ability to provide an affordable and convenient way of scaling the Ethereum network has many exciting applications. This software makes it much easier to develop blockchain projects without getting bogged down by network delays and pricey fees. The software's popularity may translate into a higher value for the STRK token.

Starknet (STRK): Scaling Ethereum With ZK Technology

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards