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Web3

Starknet’s $20 Billion Airdrop Surge Sparks Controversy Amidst Airdrop Squatting Accusations

Despite controversies, the fully diluted market cap of Ethereum’s much-anticipated layer-2 solution, Starknet, has surpassed $20 billion due to high demand from the airdrop. On February 20, the developers of Starknet decided to distribute around 700 million STRK tokens out of a total of 10 billion to various entities. Within the first 90 minutes of…