Six days have passed since Crypto All-Stars’ (STARS) DEX launch saw its price jump and give investors returns of 2-4x, depending on which presale stage they joined in. Although its price corrected somewhat as investors took profits, the STARS price is rising again following news of its first upcoming CEX listing.
With this recent development positively impacting the price, STARS may be looking at a further breakout in early 2025.
What Would a CEX Listing Mean For STARS?
Recently, CEXs have shown interest in low-cap meme coins, such as Neiro (NEIRO) and Catslap (SLAP), which saw their prices skyrocket afterward. For example, NEIRO’s market cap rose from $14.4 million to over $437 million just 10 days after its Binance listing on September 16th.
STARS currently has a market cap of $20.3 million, which is within the range CEXs find acceptable. Plus, its 24-hour trading volume of $6 million yesterday is nearly identical to NEIRO’s pre-listing volumes.
STARS sold at $0.0003422 yesterday, before its announcement regarding its upcoming CEX listing, and saw its price soar to $0.0005954 following the news, representing a 73.9% jump.
Although its price has fluctuated since, it is still above yesterday’s levels, with a $1 million trading volume today and 600 new holders over the past 24 hours.
If STARS keeps its momentum in light of its upcoming CEX listing, the token could reach its listing price of $0.01668, which would represent a soar of over 240% and likely wouldn’t end there.
MemeVault’s Upcoming Release Encourages Investors to Hold STARS
According to the Crypto All-Stars roadmap, its next step is to release the MemeVault, the world’s first cross-chain, multi-token staking protocol for meme coins. The project’s website reveals it will support 11 tokens since day one, including DOGE, FLOKI, SHIB, PEPE, MOG, BONK, BRETT, TURBO, COQ, LADYS, and TOSHI.
Once MemeVault launches, the team intends to add support for more meme tokens, which could draw more meme coin holders to the staking protocol in the future.
MemeVault’s users will be able to stake other meme coin tokens to earn STARS, and the platform will encourage them to purchase and hold STARS with its scalable rewards.
Those holding STARS stand up to three times higher rewards, creating a beneficial cycle for the investors and the broader STARS ecosystem.
Although further details about MemeVault’s release are yet to be announced, STARS’ developers launched their first “Last Meme Standing” event on December 24th, which gave investors a sneak peek at how MemeVault could work in the future.
Last Meme Standing Rewards Pepe Stakers With $20,000
The Last Meme Standing competition ended after 48 hours, on December 26th, with more than $100,000 worth of Pepe, Turbo, Shiba Inu, Milady, and Floki staked during the event.
Although Turbo and Shiba Inu briefly took the lead, Pepe came out on top once the event ended. Those who staked their Pepe can now claim their STARS rewards that are proportional to the amount of PEPE they staked. Investors who backed the losing coins can simply unstake them and return them to their wallets.
Although it isn’t the MemeVault, the Last Meme Standing event has shown Crypto All-Stars can facilitate multi-token staking and distribute rewards in the form of STARS, and it is something investors may see again in the future, possibly as a part of the MemeVault.
The event had an interesting mechanism, which saw tokens climb to the top of the leaderboard every time they were staked, regardless of the amount. Once a new token takes the top spot on the leaderboard, a new countdown to the event’s end would start, and it could only be stopped if other tokens dethrone the current leader.
In the end, although more Milady tokens were staked, Pepe was the token that stood at the top the longest. This means casual investors have an equal chance of seeing their tokens win, as quantity isn’t a deciding factor.
STARS Could be a Low-Cap Gem for the Upcoming Bull Run
Crypto All-Stars has joined the market as more than just another meme coin, thanks to its token’s unique role in its upcoming MemeVault. Besides utility, STARS saw its follower count grow by over 3,000 since its release, amounting to over 36,000 followers across X (Twitter) and Telegram.
Plus, the token has a 99/99 security score on DexTools, with verified locked liquidity and audits that confirm its smart contract’s code has no underlying issues, leaving no room for security concerns.
As a newcomer to the meme coin space that’s yet to release new features and attract a larger follower base, STARS stands a solid shot at exploding in the following weeks, especially after more details surface regarding its CEX listing.
With its price well below its initial listing price, investors have an excellent opportunity to add STARS to their portfolios at a low entry point.
