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Gary McFarlane
Author
Gary McFarlane
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Crypto All-Stars ($STARS) has eclipsed the $1.4 million mark amid the market capitalization of meme coins bouncing back to $41.5 billion on Friday.
The recent renewed fervor for meme coins has raised hopes among crypto investors for a bull run in the next quarter.
If that materializes, the returns these tokens could generate during the historically bullish months of October and November could complement the additional gains from Crypto All-Stars’ upcoming unified meme coin staking protocol.
This protocol, called the MemeVault, allows investors to stake their meme coin holdings together. Whether it’s Dogecoin ($DOGE), Brett ($BRETT), or PepeCoin ($PEPECOIN), all can be staked in the MemeVault for a singular reward in the project’s native token, $STARS.
The Crypto All-Stars presale has generated its total accumulated funds at a per-token price of $0.0014535 and lower.
Investors looking to help Crypto All-Stars capital-raising efforts reach $1.45 million have about 48 hours to purchase at this price before it increases to $0.0014593.
Meme coins are up after Bitcoin surged to $63,850 following the Fed rate cut – FOMO kicks in
Following the Fed’s unexpected 50 basis point rate cut on Wednesday, Bitcoin skyrocketed to $61,000, climbing to $63,850 by Friday.
Meme coins joined the party, surging past the $40 billion mark after starting at $37 billion on Tuesday – a level they hadn’t seen in nearly a month.
The Fed rate cut, viewed largely as a response to a global slowdown rather than just managing U.S. risks, has influenced other countries to follow suit, turning on the money-printing press to combat economic weakness.
As a result, Bitcoin is emerging as a safe haven against fiat debasement, while altcoins like meme coins could offer accelerated returns. The immediate effects are, as mentioned, already evident, delivering a much-appreciated boost for the broader crypto investing community as the industry crawls out its historically worst month.
However, investing in Bitcoin or buying meme coins may still feel the reverberations of the turbulence caused by the Fed’s decision. Investor patience is crucial to weathering the ups and downs.
The silver lining? As Crypto All-Stars’ MemeVault approaches launch, it promises solid capital gains and steady passive income for meme coin holders.
In a volatile landscape, investors can rest easy knowing their meme coins will keep earning steady returns.
Which tokens can you stake with Crypto All-Stars?
One of the top performers in the past 24 hours is Coq Inu ($COQ), Mog Coin ($MOG), Turbo ($TURBO), Milady Meme Coin ($MILADY), and $PEPECOIN, which gained 11.8%, 13.5%, 22.2%, 17.5%, and 11.1%, respectively.
These tokens have captured investor attention due to their double-digit overnight gains, and the good news is that these top gainers will be among the meme coins accepted for staking on the Crypto All-Stars platform once it launches.
In addition to these tokens, $DOGE, $BRETT, Floki ($FLOKI), Shiba Inu ($SHIB), Toshi ($TOSHI), and Bonk ($BONK) will also be eligible for staking with more options to come.
Staking with MemeVault allows investors to earn the $STARS token, which acts as a reward multiplier, enabling investors to generate up to three times the rewards. All investors need to do is hold the token, as the more they have, the greater the rewards.
But that’s not all – $STARS also has its own independent staking protocol. This means that while meme coin holdings generate rewards via MemeVault with the $STARS token multiplying them, $STARS staking offers additional returns of up to tenfold, as its current staking protocol provides a 1,057% APY.
Popular crypto influencer ClayBro dives deep into these rewards in his video below:
About 697 million $STARS have been staked
Due to the immense rewards that MemeVault will provide, early investors are gearing up for the launch of the staking platform, as evidenced by the number of $STARS tokens staked in its protocol.
Approximately 697 million tokens are generating additional $STARS in substantial quantities, all in preparation to maximize MemeVault’s staking rewards. It’s not just small investors getting involved; whales are participating as well, with a recent purchase of $50,000 worth of $STARS last week.
If you haven’t positioned yourself for the future of meme coin investing, connect your wallet to the project’s website. Investors can buy $STARS with ETH, USDT, BNB, or even meme coins like $FLOKI, $SHIB, $DOGE, and $PEPE. The site accepts bank cards too.
Coinsult and SolidProof have audited Crypto All-Stars’ smart contract and found no major issues with the code.
Stay updated with the latest news and developments by joining the Crypto All-Stars community on Telegram or X.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
