(Cointelegraph) Little-known cryptocurrency, StarLink or “STARL,” rose more than 140% in three days after the space company launched 53 satellites into space on Saturday.
“STARL” rose 13.70% on November 13, the day the satellite was launched, before surging by another 69% in the following day.
Traders are believed to have pumped “STARL” after the satellite launch due to its name resemblance with Starlink, controlled by Elon’s Musk’s SpaceX.
In October, another coin, Dogelon Mars, rose at least 4,200%, reflecting Musk’s influence on the digital coins and meme tokens.
StarLink operates as a standalone crypto project and is packaged as a “decentralized metaverse project,” with no connection to SpaceX’s satellites.
STARL is up +18.5%.
