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Web 3 Journalist
Tim Hakki
Web 3 Journalist
Tim Hakki
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Why Trust Cryptonews
The meme coin gold rush is on and investors are speculating on a dizzying array of new projects. In the last 24 hours, meme coins collectively grew 24% to post a collective market capitalization of $117 billion.
A large part of the excitement comes from the election of crypto-friendly President Donald Trump as the 47th US President.
The news has helped market leader Bitcoin ($BTC) to rally to new highs, its most recent being $89,864.13 in the early hours UTC. Bitcoin is 5% pricier than it was this time yesterday, and 26% pricier than it was last Tuesday.
But crypto-savvy investors are allocating millions into presales, which are essentially coin launches where anyone can snap up promising new cryptocurrencies long before they hit the open market. This allows anybody with the means to buy in first and maximise the upside potential.
This month, degens are stockpiling to prepare for an end-of-year surge of excitement over Crypto All-Stars ($STARS), a new cross-chain meme coin staking protocol that has already raised $3.5 million since September, when the presale began.
Under the hood of this revolutionary new multi-chain meme coin staking ecosystem is the MemeVault protocol and its native $STARS token, which together enable meme coin fans to lock up their tokens and start generating passive income.
While the current roster enables staking for holders of around a dozen meme coins, the team says Crypto All-Stars will soon expand to welcome more into the fold.
Holders of Popular Meme Coins Can Earn Passive Income
Holders of Pepe Coin, Dogecoin, Shiba Inu, Floki Inu, Based Brett, MogCoin, Milady, TurboToken, Toshi The Cat, Coq Inu, and Bonk can currently stake them on the platform and earn passive income in the form of $STARS with a variable rewards rate currently set at 469%.
But that’s not all – investors can earn up to three times more rewards by holding $STARS tokens.
You can purchase this reward-enhancing token directly on the Crypto All-Stars website, where the price is currently $0.0015618 per $STARS token.
This increases incrementally over the presale season, and staking rewards rates will decrease as the staking platform grows, so the sooner investors buy in and stake, the more rewards they’ll earn over the course of the presale.
Crypto All-Stars: $STARS Tokenomics
$STARS has a total supply of 42 billion tokens, with 20% (about 8.4 billion $STARS) allocated to the presale.
Another 25% is for staking rewards, or about 10.5 billion $STARS, and an additional 25% is for expanding the MemeVault ecosystem. The remaining 10%, or 4.2 billion $STARS will go towards future CEX/DEX listings.
By the time Crypto All-Stars hits the open market, there could well be a gold run for $STARS tokens as word gets out that meme coin holders can put their money to work in the MemeVault.
The project has already gained so much popularity that $STARS has raised $3.5 million in just two months.
How Staking Pumps $STARS.
Crypto All-Stars is all about staking, which encourages long-term holding and positively impacts the price of $STARS by reducing the circulating supply, thus driving demand.
So far, people have staked 599.5 million $STARS in the MemeVault, representing around a third of the total presale funds raised.
This focus on staking, combined with the capital raised in just two days, is why popular YouTube influencers like Jacob Crypto Bury believe Crypto All-Stars is a potential 10X coin.
Following their purchase, investors can begin staking for rewards and claim their tokens once the presale ends.
So, if you are a meme coin investor who wants to put your money to work, Crypto All-Stars is a new and intriguing addition to the sector that will attract new investors and seasoned meme coin heads alike.
Investors can purchase $STARS on the website with ETH, USDT, BNB, or bank card.
Follow the team on social media – X (Twitter) | Telegram to stay up-to-date on all the developments.
Visit the Crypto All-Stars Presale Here
