After hovering just under the $100,000 mark throughout November, Bitcoin (BTC) finally broke through the resistance line on December 5th. Although it has since faced a downturn, plummeting to $94,599, BTC is again trading above the $100,000 line and finding support.
The rise of BTC helped other crypto sectors rebound, with the meme coin market soaring past the $120 billion market cap threshold. As investor interest in meme coins rises, many are turning to projects yet to realize their potential, such as presales.
Crypto All-Stars (STARS) is turning heads with its upcoming cross-chain, multi-token staking protocol, MemeVault, designed for meme coins. Investors are now rushing to secure their share of STARS ahead of MemeVault’s release, and the presale gained momentum with the announcement of its end date, scheduled for December 20th.
Crypto All-Stars Aims to Simplify Meme Coin Staking and Reward its Users
With the MemeVault’s release, meme coin investors won’t have to use multiple platforms to stake their meme coins, as the project’s staking protocol leverages the multi-token capabilities of the ERC-1155 standard to handle multiple tokens within a single contract.
According to the project’s whitepaper, Crypto All-Stars intends to give MemeVault’s users full visibility into the platform’s processes, showing the team’s commitment to their trust and security.
To incentivize STARS holders to use the MemeVault, the staking protocol will passively reward them with additional STARS as they stake their meme coins. The rewards distribution will also scale based on how many STARS the users own, creating a beneficial cycle for the investors.
https://twitter.com/all_stars_coin/status/1822245802363830716
Fueled by 25% of the total token supply, MemeVault’s development is in full swing, and the project’s roadmap reveals that its release is scheduled after STARS hits the DEXs.
Additionally, the project’s website features the mascots of several coins that MemeVault will support on launch, including DOGE, PEPE, FLOKI, SHIB, MOG, and others. Its developers intend to add support for other tokens post-launch, which could drive the price of Crypto All-Stars as more meme coin investors join in.
Crypto All-Stars Gains Momentum as Investors Rush to Maximize Their STARS Holdings Ahead of its Launch
Analyzing the project’s tokenomics further shows that its developers have a clear focus on early adoption, with 20% of the total token supply allocated to the presale. Another 25% is reserved for staking rewards, which early backers can use to maximize their STARS holdings for additional rewards via the MemeVault.
However, as investors stake more STARS, the staking APY decreases, meaning that those who add their tokens to the staking pool early stand to earn the best rewards. Currently, Crypto All-Stars offers a 190% staking APY, with nearly 4 billion STARS already locked.
To create a safer trading environment, STARS’ developers reserved 10% of the total token supply for liquidity, reducing the risk of a rug pull and lowering slippage.
The project’s focus on investor security and early adoption is driving a bullish sentiment among experts, including ClayBro, a meme coin analyst, who anticipates a meme coin supercycle and believes Crypto All-Stars is entering the market at a perfect time to capitalize on it.
ClayBro urges his 133,000-strong audience on YouTube to enter the presale while the price is low and the staking rewards high, as he expects the coin to explode on launch.
Strong Marketing and Robust Security Attract an Increasing Number of Investors – How to Buy
Crypto All-Stars has raised more than $13.2 million since its inception, with more than $1 million raised since yesterday. With 8 days to go, investors still have time to enter the presale by purchasing STARS using BNB, ETH, USDT, or a bank card.
The presale also accepts payments in FLOKI, PEPE, SHIB, and DOGE, and no minimum investment is required regardless of the payment method, making it equally accessible to whales and casual traders.
It owes its success to its strong fundamentals and emphasis on marketing and security, often called the two main pillars of a meme coin’s success.
The remaining 20% of Crypto All-Stars tokens are set aside for marketing, which has already helped the project attract over 25,000 followers on X (Twitter) and Telegram, with more than 1,000 joining just in the past 24 hours.
To ensure the safety of investor funds, Crypto All-Stars underwent two audits, by Coinsult and SolidProof, which found no critical issues in its code.
Investors have a limited time to enter the presale while the token is priced at $0.0016782, though, as the per-token price will increase once it raises another $400,000.
Although there are no guarantees when it comes to the success of a meme coin, STARS’ growing community and innovative approach to the market may propel it to explode on launch.
