Crypto All-Stars Raises $1.2M for First Unified Meme Coin Staking Protocol

Crypto All-Stars is gathering serious momentum at presale, recently surpassing the $1.2 million total raised mark.

It plans to build the world’s first “MemeVault,” a decentralized application that lets users lock up their joke tokens for passive $STARS rewards.

MemeVault is expected to support all the top meme coins, including Dogecoin, Shiba Inu, Pepe, Floki, and more.

Currently, the Crypto All-Stars ($STARS) presale is ongoing and priced at $0.0014419. However, the price will rise throughout the campaign, with the next increase later today.

Investors dodge the market selloff with $STARS rewards

The crypto market has seen a 2.89% decrease in its total valuation today, but at the same time, Crypto All-Stars presale participants have profited.

Not only is the $STARS presale price set to increase soon, but investors are also generating tokens through staking.

While MemeVault has yet to launch, native token staking is live for $STARS and providing staggering returns.

The current staking APY is 1,100%, but this will decrease as the staking pool grows.

Over 637 million $STARS tokens are already staked, illustrating that presale investors understand the significant opportunity at hand.

While investors prepare for the forthcoming MemeVault launch, they can put their $STARS to work and earn a highly competitive APY.

The pick-and-shovel approach: Crypto All-Stars as a diversified bet on the meme token sector

Crypto All-Stars’ $STARS token is critical to the MemeVault protocol. Users must hold it to access the vault, and the more they hold, the more they can earn.

This aligns MemeVault’s usage with $STARS demand, and it is important to consider that meme coins like Dogecoin and Shiba Inu have millions of users who would be interested in compounding their tokens.

Investing in $STARS during the presale allows traders to get in before MemeVault launches and a wave of utility-driven demand floods in.

Crypto All-Stars uses the market-leading ERC-1155 multi-token standard, which enables support for tokens from any blockchain while ensuring its robustness and protection from attacks and exploits.

The project has also received smart contract audits from Coinsult and Solid Proof, further exemplifying its transparency and security.

Over 14,000 traders joined Crypto All-Stars social media channels, analyst expects major gains

Crypto All-Stars has been making tons of noise on social media. Over 12,400 people have followed its X account, and 1,900 have joined its Telegram.

The Crypto Fear and Greed Index shows the market is fearful, yet traders continue flocking to Crypto All-Stars.

Why is that? According to some analysts, $STARS could see huge gains after its presale. Umar Khan from 99Bitcoins thinks that the project will rise in value by 100x.

The analyst underlines the significance of Crypto All-Stars’ use case and nods to its early stage as a reason it has such upside potential.

“The potential for these presale gems is endless,” he said.

Tomorrow’s rate cut could trigger the next bull market – bullish for $STARS?

Last time the Federal Reserve cut rates in 2019, it kickstarted the bull market.

And after months of waiting, the market is pricing in a rate cut at tomorrow’s Federal Open Markets Committee (FOMC) meeting.

The FED is about to cut 50bps in 4 days from now.

Remember the last time they cut rates?

The bull market started.

This is super bullish for #Bitcoin. pic.twitter.com/GUSoSrpDz1

— Crypto Rover (@rovercrc) September 14, 2024

Should the Fed cut rates as expected, it will become cheaper to borrow money, which will attract more liquidity into risk-on assets like crypto.

But in bullish periods, meme coins often perform the best. We saw this in Q1 of 2024 when the meme coin narrative outperformed all others.

With a potential crypto bull market beginning shortly, Crypto All-Stars is in a favorable position as the first-ever MemeVault.

Investors can participate in the presale by visiting the Crypto All-Stars website, connecting their wallet, and choosing the amount of $STARS they wish to buy and the crypto they’d like to pay with.

The presale accepts ETH, BNB, USDT, Floki, Pepe, Shiba Inu, Dogecoin, and bank card payments.

Visit Crypto All-Stars Presale

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