Hi guys. Many of you are involved in trading and studying technical analysis. Since I am more interested in tokinomics (fundomental analysis) projects, not technical. I will be very interested to know your opinion.
Everyone has heard about the sensational project starknet. Who hasn't heard, starknet is a blockchain
layer 2 solution for ethereum (transactions on Ethereum network are very expensive and slow). Starknet have developed a technology that allows a huge number of transactions per minute on the etherium network and not expensive. Cheap transactions will allow people with small account balances to actively use the etherium ecosystem.
I can assume that the starkneta token will be valued at a minimum of 50 Maximum 100 billion dollars +-. At this valuation, the token will be traded tentatively from 5 to 10 dollars per coin. These are the valuations I expect to see in 2025 when there will be a true bull run. I assume that before the pumping, it may roll back a lot first, for example like Aptos at -60%.
Question for people who do technical analysis: To what levels can the coin fall?