Starknet's STRK Token Airdrop Draws Criticism and High Demand

Over 100,000 wallets claimed tokens amid concerns over distribution and unlock schedules, as Starknet addresses community feedback.

Starknet's STRK token airdrop saw over 100,000 wallets claim tokens within hours, amid criticisms of the token distribution and unlock schedule.
The STRK token's price fluctuated significantly, peaking at $5 before stabilizing around $2, reflecting both high demand and market volatility.
Critics have raised concerns over the token's issuance and vesting schedule, particularly the large portion of tokens allocated to insiders and early contributors.
Starknet has taken steps to address community concerns, including investigating misallocations and pledging to rectify them in future releases.
Despite criticisms, the airdrop has generated significant interest and activity on the Starknet network, with record transaction volumes and on-chain metrics.