Starknet's STRK token experiences a sharp decline in value within days of its launch, attributed to widespread sell-offs by airdrop participants and large token holders. Amidst a flurry of activity, the value of Starknet's STRK token has plummeted by more than half within just two days of its launch. The rapid decline comes as a result of significant sell-offs by both airdrop participants and large token holders. Since its debut, the STRK token has experienced a dramatic 60% drop in value, trading at less than $1.90 from its initial peak of $4.41 on February 20th, according to data from CoinGecko. The situation worsened as the token's price on Binance dipped below $1.90, marking a staggering 75.4% decrease.