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Starknet's STRK token surges 39% amid heavy wash trading and unclear catalysts.

Market News
10 Oct 2026
Coincu
View Source
Bullish
Starknet's STRK token surges 39% amid heavy wash trading and unclear catalysts.

Starknet's STRK token price jumped 39.13% to $0.101393 on October 11, 2026, driven by strong accumulation on exchanges before the surge. However, 73.5% of the reported $0.60 billion trading volume was flagged as wash trading, casting doubt on genuine demand. No confirmed announcements or ecosystem developments explain the rally, though recent Binance USDC support on Starknet provides positive context. Traders should watch for potential profit-taking signals and risks from the token's mintable supply feature, which could dilute value if new tokens are issued.

Following the surge in Starknet's STRK token price noted in the news, on Pluang, STRK is up 56.59% at Rp2.059 as of October 11, 2026, 08:41 WIB. The token's market cap stands at Rp13.93 trillion with a 24-hour trading volume of Rp9.93 trillion. Despite strong price gains, Pluang order activity shows a majority of 73% Sell orders, with typical holders keeping their tokens for about 76 days.

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