The post Trending Meme Coin Crypto All-Stars Raises $2M in Presale as Crypto Prices Surge appeared first on Coinpedia Fintech News
The crypto market is buzzing, with Bitcoin rising above $63,000 once more. Meme coins are showing the strongest growth, with Pepe, Dogwifhat, Mog Coin and Popcat showing double-digit gains in the last 24 hours.
Meanwhile, Crypto All-Stars’ ($STARS) growth reflects the thriving market conditions. The exciting new project has just crossed the $2 million raised milestone as crypto prices start to rally. There’s a lot of excitement surrounding the project, and analysts expect it to outperform in the coming months.
Meme coin prices start to soar, investors flock to $STARS
Meme coins are leading the way as the crypto market recovers, but investors are capitalizing by accumulating $STARS.
At press time, Bitcoin is trading at $63.5K, its highest price in almost a week. But as it pushes towards local highs, the meme coin sector is once again flexing its muscles.
A glimpse at CoinMarketCap tells us that five of the six top 100 biggest gainers are meme coins.
It shows investors still have an appetite for joke tokens, but many are turning to Crypto All-Stars for higher-than-average returns.
Because it’s undergoing a presale, it’s offering a discounted, fixed price. It’s currently available at $0.0014828, but this price will rise throughout the campaign.
The next increase will come later today.
This means that by the time the presale ends, those who invest today will have already theoretically profited, even without post-exchange listing price growth. But that’s not the only way traders are cashing in.
Max out meme coin staking rewards with MemeVault
Crypto All-Stars is all about generating profits via staking. There are two ways to do this: MemeVault and native token staking.
MemeVault is a novel smart contract that can support any meme coin from any blockchain. However, it’ll start with support for 11, including Dogecoin, Shiba Inu, Pepe, Mog Coin, and Bonk.
Users will deposit their meme coins into MemeVault, and then they’ll earn $STARS tokens passively. 25% of the total Crypto All-Stars supply is set aside for MemeVault rewards.
But here’s the kicker: users must hold $STARS to get access.
This is the main utility behind the token, and it could generate significant demand, considering holders of all the top meme coins will need it to stake their tokens.
The other way for users to earn is by staking their $STARS directly. This feature is live and gives holders the chance to compound their investment before the presale even ends.
Currently, $STARS staking offers a 721% APY, but this will decrease as the staking pool grows.
Meme coins are notorious for their lack of utility. Crypto All-Stars marks a new chapter where investors can use them as yield-generating instruments.
It’s a use case that could disrupt the $50 billion joke token market, and analysts are optimistic that it will realize its potential.
Some are even talking about 100x gains.
Umar Khan was one of them, appearing on the 99Bitcoins YouTube channel and saying, “Here is a cryptocurrency currently on presale that has up to 100x potential. It’s going absolutely crazy.”
Underpinned by Ethereum’s ERC-1155 token standard and extensive auditing
Security is paramount for Crypto All-Stars. That’s because it’ll likely be handling a lot of funds.
So, what has the team done about this?
First, they’re using Ethereum’s ERC-1155 multi-token standard, which is an industry leader in terms of security and adaptability.
Moreover, the project has been audited by Coinsult and Solid Proof, with neither firm finding any issues with its code.
With security and passive rewards at the heart of Crypto All-Stars, it’s one of the few certainties in the chaotic world of meme coins.
Investors are taking full advantage, reflected in the project’s $2 million raised.
Follow Crypto All-Stars on X or join its Telegram for the latest news. Alternatively, visit its website to buy and stake tokens.