Starknet (STRK) and eTukTuk (TUK) Fly When the Market Drops

This week, the crypto market experienced considerable turmoil, with many altcoins aka alternative coins experiencing a decline. However, there are two crypto projects that managed to stand out and show impressive performance: Starknet (STRK) and eTukTuk (TUK). Both projects have an innovative vision and mission, as well as the potential to have a positive impact on the world. Let's take a closer look at what makes Starknet and eTukTuk so attractive.

Starknet: A Layer-2 Scaling Solution for Ethereum

Starknet is a project focused on improving the scalability and efficiency of the Ethereum blockchain. Ethereum is the largest and most popular blockchain network today, with thousands of applications and projects built on top of it. However, Ethereum also faces several challenges, such as high gas fees, slow transaction speeds, and network congestion.

To solve these problems, Starknet offers a layer-2 scaling solution, which means Starknet allows Ethereum to process more transactions using a more sophisticated and secure validation model. Using zero-knowledge proof technology, Starknet can verify transactions quickly and cheaply, without sacrificing security or decentralization.

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STRK is the native token of the Starknet ecosystem, which can be used for various purposes, such as governance, staking, and payments. STRK also reflects the value of the Starknet network, which is expected to increase as Ethereum usage and adoption grows.

Despite the crypto market's downturn, the price of STRK continues to surge, reaching a new high of $2.40 (Rp34,080) in the last 24 hours. The surge was driven by high trading volume, which placed Starknet among the top 20 cryptos by volume. Technical analysis also shows that STRK is in a bullish trend, with the potential to continue rising in the short term.

One of the reasons behind STRK's price increase is investors' increased interest in layer-2 solutions for Ethereum. Currently, Ethereum's gas fees are still very high, especially for activities such as NFT sales, which can reach $184 (Rp2,615,600) per transaction. This has led many users and developers to look for cheaper and faster alternatives, such as Starknet.

In addition, Starknet also has the support of several well-known crypto figures and projects, such as Vitalik Buterin, the founder of Ethereum, and Synthetix, a decentralized derivatives platform. Both parties have expressed their interest in collaborating with Starknet and using its technology to improve their services.

As such, Starknet offers an interesting and promising solution to solve Ethereum's scalability problem, which is one of the biggest challenges in the crypto industry today. With a clear vision and mission, as well as support from a strong community, Starknet has the potential to become one of the leading crypto projects of the future.

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eTukTuk: Eco-Friendly Transport Powered by Blockchain

eTukTuk is a project focused on creating more environmentally friendly and efficient transportation in developing countries. The project uses blockchain technology and AI to develop electric tuk-tuks, which are popular three-wheelers in Asia and Africa.

Tuk-tuks are one of the most widely used modes of transportation in developing countries, as they can reach places that are difficult to access by other vehicles. However, tuk-tuks are also one of the biggest contributors to air pollution, because they use gasoline engines that emit high carbon emissions.

eTukTuk wants to change this by replacing gasoline engines with electric batteries, which can be recharged easily and cheaply through a charging infrastructure powered by blockchain. Thus, eTukTuk can reduce carbon emissions, operational costs, and dependence on fossil fuels.

TUK is the native token of the eTukTuk ecosystem, which can be used for various purposes, such as paying charging fees, participating in play-to-earn games, and earning rewards from staking programs. TUK also reflects the value of the eTukTuk network, which is expected to increase in line with the growth in demand and adoption of electric tuk-tuks.

Although the project is still in its early stages, eTukTuk has shown significant progress, successfully raising over $1.7 million in a presale, which is still ongoing until the end of this month. The project has also established partnerships with several important parties, such as Capital Maharaja Group, one of Sri Lanka's largest conglomerates, which will be eTukTuk's first regional partner.

eTukTuk has a noble and innovative vision, which is to create more environmentally friendly and efficient transportation in developing countries, which can have a positive impact on the environment and society. By using blockchain technology and AI, eTukTuk can offer unique and attractive solutions to the transportation industry, which is one of the most important sectors in the world.

Conclusion

Starknet and eTukTuk are two promising crypto projects amid a falling market. Both projects have an innovative vision and mission, as well as the potential to have a positive impact on the world. Starknet offers a layer-2 scaling solution for Ethereum, which can improve the scalability and efficiency of today's largest blockchain. eTukTuk offers eco-friendly transportation powered by blockchain, which can reduce air pollution and operational costs in developing countries. Both projects deserve attention and support from crypto investors and enthusiasts.

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How to Buy Starknet (STRK) on Bittime

You can buy and sell Starknet (STRK) in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.

Starknet (STRK) is available on Bittime with market pair STRK/IDR. To be able to buy STRK IDR on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.

Learn the complete guide on how to buy Starknet (STRK) on Bittime.

Monitor the price chart movements of Shiba Inu (SHIB), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

Starknet's Latest Update Brings StarkGate 2.0 to Mainnet

Starknet Begins to Respond to STRK Token Airdrop Issue

Starknet's STRK Token Rises 10% After Developers Agree to Postpone Release

DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.