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Gary McFarlane
Author
Gary McFarlane
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Why Trust Cryptonews
One week into its presale, Crypto All-Stars ($STARS) has already raised over $600,000.
The project is the first in the industry to introduce multiple meme coin staking, regardless of the blockchain, on a single staking protocol.
With the meme coin sector still largely in a deep sea of red (save for a few tokens), Crypto All-Stars is rapidly being recognized as a smart investment move for generating returns amid current market conditions.
As a result, early contributors are swiftly snapping up the 8.4 billion $STARS tokens allocated for the presale. Approximately 293 million tokens have already been staked, representing about 60% of those purchased, which equates to nearly half a billion $STARS sold.
The price of $STARS has increased three times since last week due to successfully progressing past its presale stages. It is now set to rise again from $0.0013966 to $0.0014022 in less than 48 hours.
Meme Coins Can Be Staked for Additional Rewards
Since late July, the weighted market cap of meme coins tracked by DefiLlama has remained below 0%, indicating that the sector’s leading tokens have been largely inactive over the past 30 days.
Moreover, DefiLlama’s token category tracking also shows that meme coins rank seventh in losses, with a 24% decline.
In the past 24 hours, only 12 of the top 100 meme coins have appreciated in value, yet the overall market still managed to gain 3%.
The standout performer is Sundog ($SUNDOG), which has surged by 49%. Additionally, the OG Pepe meme coin Pepecoin ($PEPECOIN) saw a 9.8% increase during the same period.
While meme coins have been struggling recently, Crypto All-Stars aims to revitalize the sector.
In fact, the returns from $PEPECOIN in this short span could potentially be surpassed by the current staking rewards offered by Crypto All-Stars.
Crypto All-Stars’ Soon-To-Launch MemeVault
Crypto All-Stars unites meme coins like $PEPECOIN, Dogecoin ($DOGE), Shiba Inu ($SHIB), Floki ($FLOKI), Brett ($BRETT), Mog Coin ($MOG), Milady Meme Coin ($LAYDS), Turbo ($TURBO), Toshi ($TOSHI), Coq Inu ($COQ), and Bonk ($BONK) on one platform for substantial gains. More tokens are set to join soon.
The staking protocol called MemeVault enables users to stake these coins together, earning unified rewards denominated in $STARS.
Once the MemeVault launches, meme coin investors can benefit from capital gains while also enjoying a convenient way to earn passive income. For example, while $PEPECOIN gained 9.8% in a single day, investors will earn additional returns when staked in the MemeVault.
Additionally, since $STARS anchors the entire MemeVault ecosystem, holding $STARS activates a 3x reward multiplier, enabling holders to earn even more staking rewards.
With such utility, the investment value of $STARS is expected to soar. Demand will be driven primarily by long-term holding incentives, which reduce the circulating supply of $STARS and contribute to a positive price trajectory.
As a result, well-known crypto influencer ClayBro predicts that $STARS has the hallmarks of a top meme coin.
How to Join the Crypto All-Stars Presale and Start Staking $STARS
While the MemeVault hasn’t launched yet, investors can already enjoy substantial staking rewards with $STARS at an impressive 2,801% APY. However, staking to achieve such returns is time-sensitive; as more investors learn about the project and stake, your share of the $STARS staking pool will decrease.
To participate, head over to the Crypto All-Stars website. Connect your wallet (e.g. Best Wallet) and exchange ETH, USDT, or BNB for $STARS. Bank card payments are also accepted through the site’s secure and user-friendly widget.
Crypto All-Stars has undergone thorough audits by Coinsult and SolidProof, with no critical issues found in the smart contract’s code, providing investors with peace of mind.
Stay updated on 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.
