Cryptocurrencies continue to fascinate investors with their promise of high returns. Since Bitcoin's emergence, numerous new cryptocurrencies and projects have surfaced, offering innovative concepts like airdrops to reward investors for their support. This raises the question of whether these promising projects can achieve a market capitalization of $1 billion.

Starknet's native token, STRK, has been in the spotlight recently, with its airdrop process generating significant interest. Despite market fluctuations, Starknet showed resilience initially but subsequently experienced a significant decline. In the past week, STRK's value dropped by 32%, mirroring Bitcoin's decline. Currently, STRK is trading at $0.70, with a market capitalization of $921 million, just shy of the coveted $1 billion mark.

Ethena (ENA) is another notable project that has garnered attention, particularly during its airdrop period. However, it has also experienced a sharp decline, drawing comparisons to LUNA in cryptocurrency circles. Ethena's price has dropped by 18.47% over the past week, with a 17% decline in the last 24 hours, leaving its price at $0.58. Despite this, ENA's market capitalization remains at $892 million, and it has the potential to surpass the $1 billion mark in the future, depending on market conditions.

While both Starknet and Ethena have experienced significant declines, their market capitalization is still substantial. The question remains whether they can reach the $1 billion mark, which seems achievable given their potential and market demand. However, market fluctuations and negative developments could impact their prices and market capitalization.

In conclusion, new cryptocurrencies like Starknet and Ethena have the potential to reach a market capitalization of $1 billion, but it depends on various market factors. Their prices and market capitalization have fluctuated significantly, and only time will tell if they can achieve this milestone. As the cryptocurrency market continues to evolve, investors remain hopeful that these promising projects will deliver on their potential.