🚀New in Accumulation Phase | DYOR
🚀Accumulation Phase
Accumulating since January 29th, Prom soared by 75% today. It’s interesting to note that Andrei Grachev, head of DWF Labs, recently made personal investments, buying 49,965 $PROM for 500,000 $USDT.
0x6314E52eb45D14b5Cc8D409552d070f034b98BDD
On February 14, 2024, the value of Prom (PROM) soared to $13.59, marking a significant jump of around 76% from a low point of $7.38. In the past day alone, PROM peaked at $14.31. This token, which is part of the gaming sector and sits at rank #216, is going through what’s known as an accumulation phase — this means there’s a lot of trading happening and the price has been bouncing within a particular range, making it a bit tricky to guess where it’s headed next.
Back on January 29, PROM was at $7.11, showing just how much it’s climbed since then. In a notable transaction, Andrei Grachev from DWFLabs bagged 49,965 PROM, which equated to a cool half-million dollars, right on Valentine’s Day.
💥Airdrop
Starknet Airdrop Comparison. Starknet airdrop will become available for claiming starting at 12:00 UTC on Feb 20th. 728 million STRK, will be distributed among 1.29 million addresses.
We predict the minimum fair price for $STRK — $0.80, based on hypothesis that the Starknet FDV will be equal to its latest funding round valuation ($8B) with 720M tokens in circulation.
Check out all details on DropsTab and make sure not to miss our potential airdrops tab!
StarkNet had 1.297 million wallets with an airdrop amount of 728 million $STRK. Arbitrum had 625,143 wallets receiving 1.16B $ARB. Celestia had 576,653 wallets with an airdrop amount of 40M $TIA, and Aptos distributed 23.4M $APT to 124,828 wallets.
In the StarkNet Airdrop Comparison, StarkNet’s average airdrop was 539 $STRK at a Token Generation Event (TGE) price of $0.80*, raising $282.5M in funds. Aptos had an average airdrop of 187.8 $APT at a TGE price of $7.25, raising $350M. Arbitrum’s average airdrop was 1,858 $ARB at a TGE price of $1.35, with $123.7M raised. Lastly, Celestia had an average airdrop of 69.3 $TIA* at a TGE price of $2.45, with $56.5M in funds raised.
This is not financial advice or a recommendation and that the StarkNet price prediction is hypothetical, based on its latest funding round valuation. Infographic exclude 20 million $TIA allocated to developers.
🗓Market Brief for Feb 14, 2024
The market review for February 14, 2024, shows a slight decrease in the 24-hour performance of major assets with the S&P 500 down by 0.34%, Bitcoin by 0.91%, Ethereum by 0.17%, and $BNB by 0.01%. The total market capitalization has also slightly decreased by 0.64%, indicating the market is neutral.
The review highlights the growth and drop in the blockchain sector with Dymention trending on DropsTab with a 3.47% increase, Pyth Network having the highest growth in the top 100 at 10.73%, Sui trending with a 2.33% increase, and Astar having the biggest drop in the top 100 at 5.71% in the last 24 hours.
The market sentiment is leaning towards greed with a score of 74 on the Fear & Greed Index.
Key insights include the postponement of the sentencing of Binance founder Changpeng Zhao on a money laundering charge until April 30, the announcement that Polygon will launch the AggLayer mainnet on February 23 at 14:00 UTC, and Solana’s rise to the fourth position in terms of market cap, overtaking BNB again.
This data is reported to be taken from DropsTab.com.
