Crypto All-Stars ($STARS), a new multi-token meme coin staking protocol, has successfully raised $1.5 million in presale funding.
Investors have begun taking note of the project’s innovative plans to create a staking layer for all the top meme coins.
This will include Dogecoin, Shiba Inu, Pepe, Floki, Bonk, and more.
The utility era: how Crypto All-Stars reshapes meme coins
Meme coins have been around for over a decade, but only recently have they become the most powerful vertical in crypto.
Since Pepe launched in April 2023, new meme coins have been constantly emerging, and many have provided life-changing gains for early investors.
Just last week, analyst TraderSZ boasted about calling First Neiro on Ethereum, which rallied 200x in the aftermath.
As it stands, meme coins are the only assets that consistently change everyday crypto traders’ lives.
But what’s special about Crypto All-Stars?
The main issue with meme coins is that their rallies usually don’t last long. Unlike utility tokens, the only purpose of meme coins is to buy low and sell high.
When prices get high, investors start selling, and a race to the bottom begins. This causes huge waves of volatility.
Crypto All-Stars is fixing this by providing staking utility.
Meme coin holders no longer need to sell their joke tokens to make a profit. Simply stake them in Crypto All-Stars’ MemeVault and earn passive rewards.
This will make investors’ lives easier while encouraging long-term holding, which could lead to more sustainable growth.
It’s a concept that serves the meme coin industry unlike anything else, and $STARS glues it all together.
Users must hold $STARS to access the MemeVault, and their earnings will depend on how much they have.
This creates a unique dynamic where holders of all the top meme coins will be accumulating the $STARS token.
Stake $STARS in presale for a 972% APY
Investors don’t need to wait until MemeVault launches to start earning $STARS rewards.
Reflecting their ability to get things done, the Crypto All-Stars team has launched staking for $STARS alongside the presale.
Presale buyers can immediately stake their tokens and start earning a 972% APY today.
25% of the total $STARS supply is earmarked for $STARS rewards.
For reference, this is equal to the 25% of $STARS tokens allocated to the MemeVault rewards.
But considering the deep liquidity that will be locked in the MemeVault, smaller investors may be able to generate more rewards through native $STARS staking.
Analysts are significantly interested. ClayBro, a YouTuber with over 130K subscribers, told investors to “Prepare for 10x gains.”
He also highlighted that Crypto All-Stars “continues to show a lot of demand despite the overall volatility “ which the crypto market has faced in recent weeks.
Bitcoin price rockets past $64,000 – will the meme coin sector thrive like Q1?
Meme coins typically perform best when the market is growing. Yet Crypto All-Stars is the only meme coin offering diversified exposure over the sector’s most valuable plays.
Crypto’s last big bullish rally came in Q1 of 2024 in the build-up to the Bitcoin ETF approvals.
However, CoinGecko data reports that meme coins saw the biggest gains, averaging a 1,313% increase in that period.
Bitcoin has just surged past $64K today, creating a new higher high on its price chart, which potentially signals an uptrend continuation in the coming weeks.
As analyst Lark Davis highlighted, historically, if crypto closes September in the green, it also sees gains in Q4. This is good news for Crypto All-Stars, which will be launching on the open market.
Crypto All-Stars has hit the ground running.
Investors are piling into its presale, impressed by its approach to meme coin utility and helped by favourable market conditions.
And to help put their minds at ease – Crypto All-Stars has had full audits from Coinsult and Solid Proof – neither found any issues with the project’s code.
Currently, the Crypto All-Stars presale price is $0.0014593. However, this will rise throughout the campaign. The next increase will be in two days.
Follow Crypto All-Stars on X or join its Telegram for updates. Alternatively, visit its website to buy and stake tokens.
