Airdrop of STRK tokens, delisting on Binance and the end of the withdrawal of funds from BNB Beacon Chain, unemployment data in America – the BeInCrypto editors have collected the main events of this week in one material
Airdrop STRK – February 20
The long-awaited distribution of STRK tokens from the Starknet crypto project starts tomorrow. The exact date was announced by the company team.
As part of the airdrop, it is planned to distribute more than 700 million tokens (this is 7% of the total supply of the asset). At the same time, almost 1.3 million wallets will be able to brand gifts. It is noteworthy that a variety of stakeholders will be able to participate – from early adopters of the ecosystem to active participants in the network. You can claim your rights to tokens until June 20, 2024.
Read also: Investors compiled a “national rating” of airdrops 2024
Starknet is a project whose team is developing a second-level (L2) ZK-Rollup solution for scaling decentralized applications on Ethereum. Its STRK token aims to serve decentralization.
Delisting on Binance – February 20
This Tuesday, the largest cryptocurrency exchange Binance will delist several tokens at once.. The trading platform team announced this in the official announcement.
Thus, all trading pairs with tokens such as Aragon (ANT), Multichain (MULTI), Vai (VAI) and Monero (XMR) will disappear from the exchange..
Token unlocks – starting February 20
The beginning of the week again pleases investors with a new portion of major unlocks, which the community always awaits with great interest.
The most notable will be the unlocking of more than 34 million ImmutableX (IMX) tokens.. You will find a complete list of the most important unlocks of the week in our material.
The deadline for withdrawing funds from BNB Beacon Chain (BEP2) is February 21
This Wednesday is the last day that users can withdraw funds from the BNB Beacon Chain (BEP2). The Binance cryptocurrency exchange announced this in its official blog..
If users do not withdraw tokens by the specified date, they can try to do so through other supported networks.
Binance also recalled that the BNB Beacon Chain network will be gradually closed over the next few months.
US unemployment data – February 22
This Thursday, a report will be published on the number of applications left by US citizens for unemployment benefits.. This data is collected and processed by the US Department of Labor on a weekly basis, and is therefore quite volatile.
According to forecasts, 217 thousand were filed during the reporting week.. applications compared to 212 thousand. a week earlier.
It is worth noting that actual numbers exceeding expectations are considered a negative/bear market for the US dollar. Indicators below expectations, on the contrary, indicate a positive/bullish mood for the USD.
conclusions
Several important events await us this week: token unlocks, airdrops and delistings. Some events can lift sentiment and activity in the markets.
But the market will also closely monitor the publication of unemployment data in America. Traders and investors should take a closer look at the US market so as not to miss a possible outbreak of volatility.